There are 6 retirement homes near Magnolia, Texas. The average cost / day for retirment home living in Texas is around $65, with costs ranging between $15 and $158 daily. On a per month basis, this equates to a mean expense of $1,937, with costs ranging from around $453 to $4,732. The average annual cost is $23,248, which is over the national average of $23,100.
The cost for retirement home care in Magnolia ranges from about $495 per month all the way up to $3,724 per month. The average cost is about $1,994 per month, or about $23,925 per year.
Magnolia is a mid-size city in Montgomery County in the State of Texas. It is included in the Houston-Sugar Land-Baytown metro area. While the encompassing area is home to 4,526,066 residents, there are 54,225 residing in the city itself. Approximately 21% of the residents are over 55.
Magnolia has an above average SeniorScore™ of 74. The city's mean household income is $71,000 ($32,000 per capita), in comparison to the average of $47,000 for the entire state of Texas. The mean housing price in Magnolia is $187,500, which is relatively higher than the Texas average of $142,500. The city has an average unemployment rate of around 6.81%.
Magnolia has ideal average temperatures, with very mild winters and very balmy summers. The city receives high levels of rainfall each year. In relation to similarly-sized cities, Magnolia has an exceptionally low crime rate, very low water quality, and poor air quality ratings.