Magnet Cove, AR demographics:
population, income, and more

Total population
889
8.7% year-over-year change
Median household income
$/yr
% year-over-year change
Housing units
503
10.3% year-over-year change

Magnet Cove population

How many people live in Magnet Cove

Magnet Cove is home to 889 residents, according to the most recent Census data. Gender-wise, 48.8% of Magnet Cove locals are male, and 51.2% are female.

Total population
889
8.7% year-over-year change
Gender ratio
Male
48.8%
434
Female
51.2%
455
Value Percent YoY change
Male 434 48.8% 7.7%
Female 455 51.2% 9.6%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Magnet Cove is 34, with the population distributed as follows: about 13.3% are children under 15, then 28.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 18.3% of the population, while another 27.2% fall into the 45 to 64 bracket. Finally, around 13% are 65 or older.

Median age
34
Age breakdown
Under 15
13.3%
15 to 24
28.1%
25 to 44
18.3%
45 to 64
27.2%
Over 65
13%
Value Percent YoY change
Under 15 118 13.3% 6.3%
15 to 24 250 28.1% -12.3%
25 to 44 163 18.3% 14.8%
45 to 64 242 27.2% 8.5%
Over 65 116 13% 103.5%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

There’s also a share of 2.5% that includes residents with two or more races.

Citizenship
U.S.-born citizens
100%
Non-U.S.-born citizens
0%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 889 100% 8.7%
Racial breakdown
White
97.5%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
2.5%
Other
0%
Value Percent
White 867 97.5%
Two or more races 22 2.5%

Households in Magnet Cove

A peek inside Magnet Cove households

Magnet Cove has 374 households, with an average of 2 members in each. Of these, 54% are families, while the remaining 46% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
374
13.0% year-over-year change
Average people per household
2
Non-family households
172
Family households
202
Value Percent YoY change
Non-family households 172 46% 23.7%
Family households 202 54% 5.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Magnet Cove

The housing landscape of Magnet Cove

Magnet Cove's housing consists of 503 units, with 46.9% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 34.2% of the housing landscape.

Housing units
503
10.3% year-over-year change
Housing types
Value Percent
1 unit, detached 236 46.9%
2 units 95 18.9%
Mobile home 172 34.2%
Homes built since 2020
6
-14.3% year-over-year change

The age of buildings in Magnet Cove

In Magnet Cove, the median construction year is 1975. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built between 1940 and 1949 12 2.4% 20.0%
Built between 1950 and 1959 10 2% N/A
Built between 1960 and 1969 108 21.5% -28.5%
Built between 1970 and 1979 259 51.5% 29.5%
Built between 1980 and 1989 64 12.7% 18.5%
Built between 1990 and 1999 12 2.4% 33.3%
Built between 2010 and 2019 32 6.4% 28.0%
Built in 2020 or later 6 1.2% -14.3%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Magnet Cove occupancy rates

Out of the 374 occupied housing units in Magnet Cove, 64.2% are owner-occupied, while 35.8% are lived in by tenants. Meanwhile, 25.6% of all homes on the local market sit vacant.

Occupied housing units
374
13.0% year-over-year change
Occupancy breakdown
Renter occupied
134
Owner occupied
240
Value Percent YoY
change
Renter occupied 134 35.8% -21.2%
Owner occupied 240 64.2% 49.1%
Unoccupied housing units
25.6%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Magnet Cove housing costs

Median housing costs per month
$782/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.

Education in Magnet Cove

Magnet Cove education at a glance

About 43.3% of the population in Magnet Cove went to high school, while 29.3% pursued college studies. Another 15.2% earned an associate degree and 10.8% hold a bachelor’s. Meanwhile, 1.4% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
High school diploma 310 43.3% -7.7%
College diploma 210 29.3% 7.7%
Associate degree 109 15.2% 78.7%
Bachelor's degree 77 10.8% 63.8%
Graduate degree 10 1.4% N/A
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Magnet Cove

How much people earn in Magnet Cove

The average annual household income in Magnet Cove was $68,022 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +21.2% change from the previous year.

Average household income in Magnet Cove
$68,022/year
21.1% year-over-year change

Magnet Cove income by age

Those with someone between 45 and 64 in charge, often well established professionally, earn $146,156 overall. Overall, 65.5% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
45 - 64 $146,156 4.0%
Over 65 $34,767 -55.1%
Above poverty level
582
Below poverty level
307
Value Percent YoY
change
Above poverty level 582 65.5% 34.1%
Below poverty level 307 34.5% -20.1%

Employment in Magnet Cove

Workforce and job types in Magnet Cove

The job market in Magnet Cove is powered by 453 working residents, spread across a range of industries and roles. 74.2% of the working population are employed in professional or administrative positions, while 25.8% are in hands-on or service-based jobs. Also, 4.9% run their own businesses, 85.9% are employed by private companies, and 9.3% work in the public sector.

Workforce demographics

Working population
453
21.4% year-over-year change
White collar
336
Blue collar
117
Value Percent YoY change
White collar 336 74.2% 24.9%
Blue collar 117 25.8% 12.5%
Employer type
Self employees
4.9%
Private companies
85.9%
Governmental workers
9.3%
Not for profit companies
0%
Value Percent YoY change
Self employees 22 4.9% N/A
Private companies 389 85.9% 11.5%
Governmental workers 42 9.3% 75.0%
Unemployment rate
13.9%
7.3% year-over-year change

Available workforce

The unemployment rate in Magnet Cove stands at 13.9%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Magnet Cove

How people get around in Magnet Cove

In Magnet Cove, the average commute time is 32 minutes.

Commute time
32 min
Means of transportation
Value Percent YoY change
Car 400 88.3% 22.3%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

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FAQs about Magnet Cove demographics 

What is the total population of Magnet Cove?

Magnet Cove has a total population of 889 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +8.7% compared to a year ago.

What is the gender ratio in Magnet Cove?

The gender ratio in Magnet Cove is as follows:
  • 48.8% males (434 residents)
  • 51.2% females (455 residents)

What is the median age in Magnet Cove?

The median age in Magnet Cove is 34.

What is the age distribution of the population in Magnet Cove?

The age distribution in Magnet Cove is as follows:
  • Under 15: 13.3% (118 residents)
  • Ages 15-24: 28.1% (250 residents)
  • Ages 25-44: 18.3% (163 residents)
  • Ages 45-64: 27.2% (242 residents)
  • Over 65: 13% (116 residents)

What is the racial and ethnic makeup of Magnet Cove?

The racial and ethnic makeup of Magnet Cove is as follows:
  • White: 97.5% (867 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 2.5% (22 residents)
  • Other: 0% (0 residents)

What percentage of the population in Magnet Cove are U.S.-born citizens?

U.S.-born citizens represent 100% of the population in Magnet Cove.

How many housing units are there in Magnet Cove?

There are 503 housing units in Magnet Cove, reflecting a +10.3% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Magnet Cove and what is the average household size?

Magnet Cove has a total of 374 households, with an average of 2 people in each.

What is the employment rate and job market overview for Magnet Cove?

The employment rate is 86.1% in Magnet Cove, with a workforce of 453 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 74.2% (336 residents)
  • Blue-collar workers: 25.8% (117 residents)

Places of employment:
  • Self-employed: 4.9% (22 residents)
  • Private companies: 85.9% (389 residents)
  • Governmental workers: 9.3% (42 residents)
  • Not-for-profit companies: 0% (0 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025