Can A Pharmacist Afford Rent in Magnolia, TX?
Comfortably affordable — rent takes 17.5% of gross income.
Magnolia rent: June 2026. Salary: BLS OEWS May 2024 (Texas state estimate).
About rent and a pharmacist salary
Pharmacist pay covers comfortable rent in nearly every US city. At the national-average pharmacist salary, the 30% rule supports about $3,319 a month in rent — above median rent in all but a handful of high-cost coastal metros.
Cheaper rent nearby
These Texas cities have lower median rent than Magnolia, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Magnolia
View full rent data for Magnolia, TX →Frequently asked questions
Can a pharmacist afford rent in Magnolia, TX?
Median rent in Magnolia is $1,914 a month. A typical pharmacist in Texas earns about $131,423 a year, which makes that rent 17.5% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a pharmacist afford in Magnolia?
Using the 30% rule, a pharmacist salary in Texas (~$131,423/yr) supports up to $3,286 a month in rent. Magnolia's current median rent is $1,914/mo, which leaves a $1,372/mo buffer.
How many hours does a pharmacist work to cover rent in Magnolia?
At an hourly equivalent of about $63 an hour, a pharmacist in Texas works roughly 30.3 hours a month to cover Magnolia's median rent of $1,914.
Where is rent cheaper than Magnolia for a pharmacist?
Nearby Texas cities with lower median rent include Balch Springs ($1,913/mo), Forney ($1,913/mo), Cypress ($1,912/mo). Each shifts the affordability math materially on a pharmacist salary.