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MapMap ViewMagnolia has a population of approximately 11,205 and experiences a population change rate of 3.20%. The population density is 848.4 / sq mi .
The median household income for Magnolia is $34,815, with 3,516 households and an average household size of 2.69.
The median value of a home in Magnolia is $134,500 with an appreciation rate of 17.90%. 41.71% of housing in the state is owned while 34.16% is rented.
The cost of living in Magnolia is 80.2 %.
The unemployment rate in Magnolia is 3.30%, and recent job growth is at 1.30%. Future job growth is projected at 30.77%.
The sales tax rate in Magnolia is 10.38%, while the income tax rate is 5.50% .
School expenditures in Magnolia are $13,189, and the school ratio is 11.6:1.
The average high temperature in July is 92.1 degrees, with an average low temperature in January of 32.2 degrees. The average rainfall is approximately 53.5 inches per year, with 1.6 inches of snow per year.
