Magnet Cove, AR

Census Place

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2023 Population
818
32.1% 1-year decline
2023 Median Age
31.2
0.319% 1-year decrease
2023 Poverty Rate
46.9%
70.4% 1-year increase
2023 Median Property Value
$154,600
43.7% 1-year growth
2023 Employed Population
373
22.6% 1-year decline

About

In 2023, Magnet Cove, AR had a population of 818 people with a median age of 31.2 and a median household income of $N/A. Between 2022 and 2023 the population of Magnet Cove, AR declined from 1,205 to 818, a −32.1% decrease and its median household income declined from $82,411 to $N/A, a −100% decrease.

The 5 largest ethnic groups in Magnet Cove, AR are White (Non-Hispanic) (85.7%), White (Hispanic) (14.3%), Black or African American (Non-Hispanic) (0%), American Indian & Alaska Native (Non-Hispanic) (0%), and Asian (Non-Hispanic) (0%).

None of the households in Magnet Cove, AR reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Magnet Cove, AR are U.S. citizens.

In 2023, the median property value in Magnet Cove, AR was $154,600, and the homeownership rate was 48.6%.

Most people in Magnet Cove, AR drove alone to work, and the average commute time was 30.9 minutes. The average car ownership in Magnet Cove, AR was 3 cars per household.

United States

Population & Diversity

Magnet Cove, AR is home to a population of 818 people, from which 100% are citizens. As of 2023, 0% of Magnet Cove, AR residents were born outside of the country (0 people).

In 2023, there were 5.99 times more White (Non-Hispanic) residents (701 people) in Magnet Cove, AR than any other race or ethnicity. There were 117 White (Hispanic) and 0 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%
2023 Citizenship
100%
2022 Citizenship

As of 2023, 100% of Magnet Cove, AR residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Magnet Cove, AR was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Magnet Cove, AR compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Magnet Cove, AR
  1. White (Non-Hispanic)
    701 ± 354
  2. White (Hispanic)
    117 ± 165
  3. Black or African American (Non-Hispanic)
    0 ± 13
14.3%
Hispanic Population
117 people

In 2023, there were 5.99 times more White (Non-Hispanic) residents (701 people) in Magnet Cove, AR than any other race or ethnicity. There were 117 White (Hispanic) and 0 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

14.3% of the people in Magnet Cove, AR are hispanic (117 people).

The following chart shows the 8 races represented in Magnet Cove, AR as a share of the total population.

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Military

Veterans

Most Common Service Period
  1. Gulf War (1990s)
    9 ± 18
  2. Vietnam
    0 ± 23
  3. Korea
    0 ± 18

Magnet Cove, AR has a large population of military personnel who served in Gulf War (1990s), NaNy times greater than any other conflict.

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Economy

The economy of Magnet Cove, AR employs 373 people. In 2023, the largest industries in Magnet Cove, AR were Health Care & Social Assistance (158 people), Manufacturing (89 people), and Management of Companies & Enterprises (46 people), and the highest paying industries were Manufacturing ($68,926), Educational Services, & Health Care & Social Assistance ($4,295), and Health Care & Social Assistance ($4,188).

Employment

Occupations

373
2023 Value
± 217
−22.6%
1 Year decline
± 96%

From 2022 to 2023, employment in Magnet Cove, AR declined at a rate of −22.6%, from 482 employees to 373 employees.

The most common job groups, by number of people living in Magnet Cove, AR, are Food Preparation & Serving Related Occupations (133 people), Construction & Extraction Occupations (87 people), and Business & Financial Operations Occupations (53 people). This chart illustrates the share breakdown of the primary jobs held by residents of Magnet Cove, AR.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for N/A.

This chart shows weekly unemployment insurance claims in N/A (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

373
2023 Value
± 217
−22.6%
1 Year decline
± 96%

From 2022 to 2023, employment in Magnet Cove, AR declined at a rate of −22.6%, from 482 employees to 373 employees.

The most common employment sectors for those who live in Magnet Cove, AR, are Health Care & Social Assistance (158 people), Manufacturing (89 people), and Management of Companies & Enterprises (46 people). This chart shows the share breakdown of the primary industries for residents of Magnet Cove, AR, though some of these residents may live in Magnet Cove, AR and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$68,418
Median earning men ± $4,519
$4,957
Median earning women ± $65,812

The industries with the best median earnings for men in 2023 are Manufacturing ($68,926), Public Administration ($N/A), and Other Services Except Public Administration ($N/A).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($4,295), Public Administration ($N/A), and Other Services Except Public Administration ($N/A).

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Civics

are the senators currently representing the state of the United States. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New, North, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode, South, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West, Wisconsin, and Wyoming is currently represented by 433 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Senator Elections

US Senators from the United States

Senatorial voting results are only available at the state level. Showing data for the United States.
Senator from N/AN/A
  1. N/AN/A
    N/A
  2. N/AN/A
    N/A

are the senators currently representing the United States.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in the United States over time, excluding special elections, colored by their political party.

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US Representative Elections

US Representatives from Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New, North, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode, South, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West, Wisconsin, and Wyoming

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New, North, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode, South, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West, Wisconsin, and Wyoming is currently represented by 433 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New, North, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode, South, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West, Wisconsin, and Wyoming have changed over time starting in 2008.

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Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Working Population

Educational Pyramid

Data is only available at the state level. Showing data for Arkansas.
Measure

In 2023, 0.982% of men over 25 years of age had not completed any academic degree (no schooling), while 0.907% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for Arkansas.
Race

The most common educational levels obtained by the working population in 2023 were High School or Equivalent (812k), Some college (532k), and Secondary Education (356k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Magnet Cove, AR was $154,600 in 2023, which is 0.51 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $107,600 to $154,600, a 43.7% increase. The homeownership rate in Magnet Cove, AR is 48.6%, which is lower than the national average of 65%.

People in Magnet Cove, AR have an average commute time of 30.9 minutes, and they drove alone to work. Car ownership in Magnet Cove, AR is higher than the national average, with an average of 3 cars per household.

Housing

Property

$154,600
Median Property Value 2023
±$35,409
$161
Median Property Taxes
±$91

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Magnet Cove, AR the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Magnet Cove, AR compared to it's parent and neighbor geographies.

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Rent vs Own

48.6%
Homeownership
2023
54.3%
Homeowners with Mortgage
2023

In 2023, 48.6% of the housing units in Magnet Cove, AR were occupied by their owner. This percentage declined from the previous year's rate of 74.6%.

This chart shows the percentage of owner in Magnet Cove, AR compared it's parent and neighboring geographies.

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Equity

Income by Location

Use the dropdown to filter by race/ethnicity.
Race/Ethnicity

The following map shows all of the places in Magnet Cove, AR colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$N/A
Median Household Income
± $N/A
331
Number of Households
± 199

In 2023, the median household income of the 331 households in Magnet Cove, AR declined from $N/A from the previous year's value of $82,411.

The following chart displays the households in Magnet Cove, AR distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $100k - $125k range.

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Wage Distribution

The closest comparable wage GINI for Magnet Cove, AR is from Magnet Cove, AR.
N/A Wage GINI in N/A
  1. N/A
  2. N/A

In N/A, the income inequality in N/A was N/A according to the GINI calculation of the wage distribution. Income inequality had a N/A N/A from N/A to N/A, which means that wage distribution grew somewhat N/A even. The GINI for N/A was N/A than the national average of 0.476. In other words, wages are distributed N/A evenly in N/A in comparison to the national average.

This chart shows the number of workers in Magnet Cove, AR across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2023
  1. Drove Alone (85.5%)
  2. Worked At Home (12.3%)
  3. Carpooled (2.14%)

In 2023, 85.5% of workers in Magnet Cove, AR drove alone to work, followed by those who worked at home (12.3%) and those who carpooled to work (2.14%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

30.9 minutes
Average Travel Time

Using averages, employees in Magnet Cove, AR have a longer commute time (30.9 minutes) than the normal US worker (26.6 minutes). Additionally, 0% of the workforce in Magnet Cove, AR have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Magnet Cove, AR compares to that of it's neighboring and parent geographies.

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Car Ownership

3 cars
Average Number

The following chart displays the households in Magnet Cove, AR distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Magnet Cove, AR have 3 cars.

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Poverty

Poverty & Diversity

46.9% of the population for whom poverty status is determined in Magnet Cove, AR (384 out of 818 people) live below the poverty line, a number that is higher than the national average of 12.4%. The largest demographic living in poverty are Females 18 - 24, followed by Males 25 - 34 and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in Magnet Cove, AR is White, followed by Hispanic and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

76% of the population of Magnet Cove, AR has health coverage, with 32.5% on employee plans, 26.4% on Medicaid, 5.62% on Medicare, 11.5% on non-group plans, and 0% on military or VA plans.

Primary care physicians in N/A see N/A patients per year on average, which represents a N/A N/A from the previous year (N/A patients). Compare this to dentists who see N/A patients per year, and mental health providers who see N/A patients per year.

By gender, of the total number of insured persons, 49.3% were men and 50.7% were women.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 25.8% under 18 years, 36.7% between 18 and 34 years, 30.6% between 35 and 64 years, and 6.97% over 64 years.

By gender, of the total number of insured persons, 49.3% were men and 50.7% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

24%
Uninsured
32.5%
Employer Coverage
26.4%
Medicaid
5.62%
Medicare
11.5%
Non-Group
0%
Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Magnet Cove, AR grew by 248% from 6.89% to 24%.

The following chart shows how the percent of uninsured individuals in Magnet Cove, AR changed over time compared with the percent of individuals enrolled in various types of health insurance.

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