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CITY · 2020 ACS

Magnet

Nebraska · 43 residents · 0.149 sq mi
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The short version

Magnet has notably lower household income than the US average, with a median household income of $46,250. Population has fallen 46% since 2000, a loss of 36 residents. 8% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $32,500. With a median age of 54.8, the population is older than the US median of 38.8. Households here earn about 27% less than the Nebraska median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 54.8
US median: 38.8
Less educated
8% hold a bachelor's degree
US average: 33%
Less affordable
home values up 82%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
43
−46%since 2000
from 79 in 2000
1990 – 2025
Population density
289 / sq mi
−46%since 2000
from 530 / sq mi in 2000
US average: 280
Median age
54.8
+42%since 2000
from 38.6 in 2000
US average: 38.8
Population, 1990 – 2024
4254565861990201020202024Magnet
202461
1990201020202024
Section 02

Income & economy

Median household income
$46,250
−15%inflation adjusted, since 2000
from $36,250 in 2000
US average: $66,278
1990 – 2024
Per capita income
$26,415
+72%since 2000
from $15,357 in 2000
US average: $35,364
Households earning $100K+
12.5%
+12.5 ptssince 2009
from 0.0% in 2009
US average: 43.9%
Poverty rate
0.0%
−1.3 ptssince 2000
from 1.3% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade20.6%
US avg: 10%
Finance & insurance17.6%
US avg: 5.5%
Professional, scientific, technical17.6%
US avg: 4.7%
Wholesale trade14.7%
US avg: 6.7%
Information11.8%
US avg: 11.1%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$32,500
+82%inflation adjusted, since 2000
from $11,900 in 2000
US average: $265,253
1990 – 2024
Owner-occupied
86.4%
+2.6 ptssince 2000
from 83.8% in 2000
13.6% rent
Afford Score
0.7
+114%since 2000
from 0.3 in 2000
1990 – 2024
RELATED:See current rent listings in Magnet on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94.9%(75)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%
Diversity Score0%(0)
2020
White, non-Hispanic81.4%(35)
Black0%(0)
Hispanic / Latino4.7%(2)
Asian0%(0)
Other0%(0)
Diversity Score12.8%(5)
Diversity Score
13
from 0 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
8.3%
+0.9 ptssince 2000
from 7.4% in 2000
US average: 32.9%
High school or higher
91.7%
+19.4 ptssince 2000
from 72.2% in 2000
US average: 88.5%
Graduate degree
0.0%
−5.6 ptssince 2000
from 5.6% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
30.8 min
+34%since 2000
from 23.0 min in 2000
US average: 26.9
Drive alone to work
91.2%
+3.7 ptssince 2011
from 87.5% in 2011
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2011
from 0.0% in 2011
US average: 5.4%
Labor force participation
70.8%
+34.5 ptssince 2011
from 36.4% in 2011
US average: 63.4%
Management & professional
14.7%
+2.2 ptssince 2011
from 12.5% in 2011
US average: 39.3%
Section 08

People & community

Male
45.3%
−0.2 ptssince 2009
from 45.5% in 2009
Female
54.7%
+0.2 ptssince 2009
from 54.5% in 2009
Foreign born
5.7%
+5.7 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
34.0%
−43.4 ptssince 2013
from 77.4% in 2013
US average: 8.8%
Drill deeper

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Frequently asked

How many people live in Magnet, Nebraska?

Magnet, Nebraska has about 43 residents according to the 2020 American Community Survey.

What is the median household income in Magnet, Nebraska?

The typical household in Magnet, Nebraska earns about $46,250 a year. Half of households make more than that, and half make less.

Is Magnet, Nebraska expensive?

In Magnet, Nebraska, the median home is worth about $32,500.

How educated are people in Magnet, Nebraska?

About 8.3% of adults age 25 and over in Magnet, Nebraska hold a bachelor's degree or higher.

What is the poverty rate in Magnet, Nebraska?

About 0.0% of people in Magnet, Nebraska live below the federal poverty line.

Has Magnet, Nebraska grown since 1990?

Yes, Magnet, Nebraska has shrunk since 1990. The population has lost about 30 residents, a change of about -41 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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