Magnolia, TX 77355

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 3730 5930 $10,357 $1,983
(6.43% of returns)
$2,006
(4.02% of returns)
$6,436
$25,000 to $50,000 2320 4990 $27,926 $3,115
(8.62% of returns)
$6,925
(13.79% of returns)
$6,264
$50,000 to $75,000 1550 3670 $40,880 $4,871
(13.55% of returns)
$14,764
(18.06% of returns)
$6,604
$75,000 to $100,000 1200 3120 $51,330 $4,018
(18.33% of returns)
$20,512
(20% of returns)
$7,534
$100,000 to $200,000 2370 6770 $74,664 $5,451
(29.54% of returns)
$23,423
(18.14% of returns)
$8,986
Over $200,000 1110 3150 $248,908 $21,001
(59.46% of returns)
$28,437
(14.41% of returns)
$12,782
For Zip 12280 27630 $64,730

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Income Tax Rates

Rate Minimum Income Maximum Income
None null null

Property Tax Rates

Rate Rank (compared to Other States)
0.0169 7

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.0625 0.0194 0.0819 13