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 is a small-sized city located in the state of Texas. The city has a population of 2,802 people. According to the most recent Census, 77% of Magnolia residents are White, 14% Black and 0% Asian. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Magnolia entails a longer-than-average one-way commute time, averaging 36 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in Magnolia, Texas could be a fulfilling experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Magnolia, AreaVibes has created a livability score using key metrics like amenities, cost of living, commute, health & safety, employment and more.
Using data and statistics Magnolia has received a livability score of 70 out of 100. This score is ranked in the 78th percentile when compared to all other cities. If we dig a little deeper into each category within the livability score, we see that Magnolia has higher than average scores for the following: crime (A), cost of living (A+) and housing (A+). On a less positive note, Magnolia does not have favorable scores for the following: amenities (F). If we take a look at the data, we can find out why.
Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 103 crimes per 100,000 residents, which signifies that Magnolia boasts an impressively low violent crime rate that falls well below the national average.
The unemployment rate in Magnolia has consistently declined over the years and currently stands well below the national average at 2.21%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Magnolia market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Magnolia is real estate affordability. Median real estate prices in Magnolia come in at $209,600, which is 46.9% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Magnolia, the home price to income ratio is 3.5, which is 34.6% 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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