Magnolia is located in east Texas. Magnolia is between the Montgomery, Waller county. Magnolia has 2.83 square miles of land area and 0.01 square miles of water area. As of 2010-2014, the total Magnolia population is 1,428, which has grown 28.53% since 2000. The population growth rate is higher than the state average rate of 25.13% and is much higher than the national average rate of 11.61%. Magnolia median household income is $39,167 in 2010-2014 and has has shrunk by 6.47% since 2000. The income growth rate is much lower than the state average rate of 31.68% and is much lower than the national average rate of 27.36%. Magnolia median house value is $132,300 in 2010-2014 and has shrunk by -39.85% since 2000. The house value growth rate is lower than the state average rate of 59.27% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Magnolia is better than the state average in quality. The Magnolia area codes are 281, 936.