Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Ratings
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Magnolia, Texas is a small-sized city with a population of 2,910 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (77% White). Given that fact, Magnolia could be considered less diverse than other cities. An important consideration when living in Magnolia is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 36 minutes, far surpassing the national average of 26 minutes.
Are you trying to figure out if living in Magnolia is the right fit for your lifestyle? To ensure a fulfilling experience before moving to any new city in Texas, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. The best areas in Magnolia and in surrounding cities are easier to find when you are able to make informed decisions. Using data from cost of living, commute, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Texas and national averages.
The livability score in Magnolia is 71/100 and the city is ranked in the 79th percentile of all cities across America. For each of the livability categories, we can establish that Magnolia ranks very well for crime (A+), cost of living (A+), employment (B-) and housing (A+). On a less positive note, Magnolia does not have favorable grades for the following: amenities (F). If we take a look at the data, we can find out why.
Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 50 crimes per 100,000 residents, Magnolia has a violent crime rate that is far below the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Magnolia has an unemployment rate of 2.3% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Magnolia has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Magnolia. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Magnolia are affordable. The median home price for Magnolia homes is $383,809, which is 49.5% higher than the Texas average. If we take a closer look at the affordability of homes in Magnolia, we’ll see that the home price to income ratio is 4.2, which is 31.3% higher than the Texas average.
| Statistic | Magnolia | Texas | National |
| Average one way commute | 36min | 26min | 26min |
| Workers who drive to work | 77.2% | 80.3% | 76.4% |
| Workers who carpool | 7.9% | 10.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.3% | 1.6% | 2.8% |
| Working from home | 13.1% | 4.3% | 4.6% |
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