United States › Arkansas › Magnet Cove CITY · 2020 ACS
Magnet Cove Arkansas · 692 residents · 2.11 sq mi
Time machine
COMPARE TO 2009 ACS 2010 ACS 2011 ACS 2012 ACS 2013 ACS 2014 ACS 2015 ACS 2016 ACS 2017 ACS 2018 ACS 2019 ACS 2021 ACS 2022 ACS 2023 ACS 2024 ACS
The short version
Magnet Cove is home to 692 people in Arkansas. Households here earn about 69% more than in Arkansas as a whole. The median age is 47.2, about 8 years above the US median. Owners hold 81% of the housing stock. The typical home is worth $87,100. Poverty is uncommon here, at 0.0% of locals.
At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 47.2
US median: 38.8
Less educated
25% hold a bachelor's degree
US average: 33%
More affordable
home values down 5%, inflation adjusted
US median home: $265,253
Section 01
Population & growth from 50.6 in 2019
US average: 38.8
Population, 2009 – 2024
0 331 663 994 1K 2009 2010 2020 2024 Magnet Cove Age distribution, 2020
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Section 02
Income & economy $83,839
Unchangedinflation adjusted, since 2019
from $82,750 in 2019
US average: $66,278
from $29,385 in 2019
US average: $35,364
Households earning $100K+
from 50.8% in 2019
US average: 43.9%
from 0.0% in 2019
US average: 12.8%
Workforce by industry, 2020
Public administration 25.6%
Education & health services 7%
Professional, scientific, technical 4.7%
Agriculture, forestry, fishing 0%
Transportation & warehousing 0%
Arts, entertainment, food 0%
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$87,100
−5%inflation adjusted, since 2019
from $90,600 in 2019
US average: $265,253
from 100.0% in 2019
19.0% rent
3.36 people
+14%since 2019
from 2.94 people in 2019
US average: 2.61
from 1.1 in 2019
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity 2019
White, non-Hispanic 100%(544)
2020
White, non-Hispanic 92.5%(640)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry from 16.3% in 2019
US average: 32.9%
High school or higher
100.0%
Unchangedsince 2019
from 100.0% in 2019
US average: 88.5%
from 3.5% in 2019
US average: 12.7%
Section 06
Commute & transportation 27.1 min
Unchangedsince 2019
from 27.2 min in 2019
US average: 26.9
from 95.7% in 2019
US average: 75.1%
from 0.0% in 2019
US average: 8.4%
Section 07
Work & employment from 10.6% in 2019
US average: 5.4%
from 67.0% in 2019
US average: 63.4%
Women 20-64 in the labor force
US average: 73.3%
from 33.1% in 2019
US average: 39.3%
Section 08
People & community from 0.0% in 2019
US average: 13.5%
from 0.0% in 2019
US average: 8.8%
Computer in household
US average: 91.9%
Marital status (2024)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage from 0.0% in 2019
US average: 8.8%
Direct-purchase
US average: 13.7%
VA health care
US average: 2.3%
Any private
US average: 68.1%
Any public
US average: 35.2%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2020
Gulf War (2001 or later) 0%(0)
Share of the 55 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
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Frequently asked
How many people live in Magnet Cove, Arkansas? Magnet Cove, Arkansas has about 692 residents according to the 2020 American Community Survey.
What is the median household income in Magnet Cove, Arkansas? The typical household in Magnet Cove, Arkansas earns about $83,839 a year. Half of households make more than that, and half make less.
Is Magnet Cove, Arkansas expensive? In Magnet Cove, Arkansas, the median home is worth about $87,100.
How educated are people in Magnet Cove, Arkansas? About 24.6% of adults age 25 and over in Magnet Cove, Arkansas hold a bachelor's degree or higher.
What is the poverty rate in Magnet Cove, Arkansas? About 0.0% of people in Magnet Cove, Arkansas live below the federal poverty line.
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