Economy & Jobs — Magnolia, Texas

Income & Employment

Median Household Income (Census)$78,605
Estimated 2026~$80,400
Per Capita Income$46,507
Poverty Rate5.0%
Unemployment Rate2.4%
In Labor Force1,805

Top Industries

IndustryShare
Retail16.2%
Education Healthcare14.7%
Manufacturing13.9%

Local Businesses (County)

TypeCount
Physician Offices532
Fast Food468
Full Service Restaurants400
Real Estate Offices286
Insurance Agencies274
Dental Offices248
Law Offices243
Commercial Banks228
Gas Stations210
Beauty Salons145
Coffee Shops129
Auto Repair125
Child Day Care102
Accounting Firms94
General Merchandise77
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.