There are 20 independent living communities serving Magnolia, Texas. This includes 1 community in Magnolia and 19 nearby. The average daily cost for independent living in Texas is approximately $65, with costs running between $15 and $158 daily. On a per month basis, this equates to a median expense of $1,937, with costs ranging from around $453 up to $4,732. The average annual cost is $23,248, which is above the national average of $23,100.
Independent living costs in Magnolia, TX typically range from around $495 per month up to $3,724 per month, with an average cost of about $1,994 per month. That equates to a yearly cost of around $23,925.
Magnolia is a medium-sized city in Montgomery County, Texas. It is part of the Houston-Sugar Land-Baytown metropolitan statistical area. It has a population of 54,225, with 4,526,066 residents in the encompassing statistical area. The 55-and-over community constitutes approximately 21% of the total population.
Magnolia has an above average SeniorScore™ of 74. The median home price in the city is $187,500, which is higher than the state average of $142,500. Magnolia also has a moderate unemployment rate of about 6.81%. The city's median household income is $71,000 ($32,000 on a per capita basis), vs an average of $47,000 for the state of Texas.
Magnolia has ideal mean temperatures, with very mild winters and very temperate summers. The city gets heavy levels of rainfall each year. Magnolia has lower than average air quality ratings, very poor water quality, and an exceptionally low rate of crime in comparison to other cities.