Magnet Cove, AR

Census Place

Add Comparison
2024 Population
889
US Senator
John Boozman
Republican Party
US Senator
Tom Cotton
Republican Party
2024 Median Age
34
8.97% 1-year increase
2024 Poverty Rate
34.5%
26.4% 1-year decrease
2022 Median Household Income
$82,411
32.9% 1-year decline
2024 Median Property Value
$156,700
1.36% 1-year growth
2024 Employed Population
453
21.4% 1-year growth

About

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 2024, the median property value in Magnet Cove, AR was $156,700, and the homeownership rate was 64.2%.

Most people in Magnet Cove, AR drove alone to work, and the average commute time was 31.6 minutes. The average car ownership in Magnet Cove, AR was 3 cars per household.

United StatesArkansasHot Spring County, ARMalvern, ARWest Central Arkansas PUMA, AR

Population & Diversity

Magnet Cove, AR is home to a population of 889 people, from which 100% are citizens. As of 2024, 0% of Magnet Cove, AR residents were born outside of the country (0 people).

In 2024, there were 8.13 times more White (Non-Hispanic) residents (772 people) in Magnet Cove, AR than any other race or ethnicity. There were 95 White (Hispanic) and 22 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%
2024 Citizenship
100%
2023 Citizenship

As of 2024, 100% of Magnet Cove, AR residents were US citizens, which is higher than the national average of 93.2%. In 2023, 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.

View Data
Save Image

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Magnet Cove, AR
  1. White (Non-Hispanic)
    772 ± 275
  2. White (Hispanic)
    95 ± 122
  3. Two Races Including Other (Hispanic)
    22 ± 36
13.2%
Hispanic Population
117 people

In 2024, there were 8.13 times more White (Non-Hispanic) residents (772 people) in Magnet Cove, AR than any other race or ethnicity. There were 95 White (Hispanic) and 22 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

13.2% 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.

View Data
Save Image

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Arkansas.
Most Common Origin
  1. Mexico
    66,711 ± 6,271 people
  2. El Salvador
    16,390 ± 3,135 people
  3. India
    10,242 ± 2,480 people

In 2023, the most common birthplace for the foreign-born residents of Arkansas was Mexico, the natal country of 66,711 Arkansas residents, followed by El Salvador with 16,390 and India with 10,242.

View Data
Save Image

Military

Veterans

Most Common Service Period
  1. Gulf War (2001-)
    25 ± 35
  2. Gulf War (1990s)
    11 ± 23

Magnet Cove, AR has a large population of military personnel who served in Gulf War (2001-), 2.27 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Magnet Cove, AR.

View Data
Save Image

Economy

The economy of Magnet Cove, AR employs 453 people. In 2024, the largest industries in Magnet Cove, AR were Health Care & Social Assistance (160 people), Manufacturing (87 people), and Management of Companies & Enterprises (53 people), and the highest paying industries were Manufacturing ($71,406), Educational Services, & Health Care & Social Assistance ($4,895), and Health Care & Social Assistance ($4,605).

Employment

Occupations

453
2024 Value
± 198
21.4%
1 Year growth
± 59.9%

From 2023 to 2024, employment in Magnet Cove, AR grew at a rate of 21.4%, from 373 employees to 453 employees.

The most common job groups, by number of people living in Magnet Cove, AR, are Food Preparation & Serving Related Occupations (113 people), Business & Financial Operations Occupations (72 people), and Construction & Extraction Occupations (67 people). This chart illustrates the share breakdown of the primary jobs held by residents of Magnet Cove, AR.

View Data
Save Image

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Arkansas (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.

View Data
Save Image

Industries

Employment by Industries

453
2024 Value
± 198
21.4%
1 Year growth
± 59.9%

From 2023 to 2024, employment in Magnet Cove, AR grew at a rate of 21.4%, from 373 employees to 453 employees.

The most common employment sectors for those who live in Magnet Cove, AR, are Health Care & Social Assistance (160 people), Manufacturing (87 people), and Management of Companies & Enterprises (53 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.

View Data
Save Image

Median Earnings by Industry

$52,440
Median earning men ± $27,289
$40,147
Median earning women ± $69,172

The industries with the best median earnings for men in 2024 are Manufacturing ($71,406).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($4,895).

View Data
Save Image

Employment by Industry Sector

Data is only available at the state level. Showing data for Arkansas.
Y-Axis
2.24%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 1.35M people employed in Arkansas. This represents a 2.24% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 8.69%.

The following chart shows monthly employment numbers for each industry sector in Arkansas.

View Data
Save Image

Civics

In the 2024 presidential election, the popular vote in Arkansas went to Donald J. Trump with 64.2% of the vote. The runner-up was Kamala Harris (33.6%), followed by Robert Kennedy (1.12%).

John Boozman and Tom Cotton are the senators currently representing the state of Arkansas. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Arkansas is currently represented by 4 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Magnet Cove, AR. Showing the available data for Arkansas.
2024 Election Results
  1. Donald J. Trump (64.2%)
    Republican Party
  2. Kamala Harris (33.6%)
    Democratic Party
  3. Robert Kennedy (1.12%)
    Independent Party

In the 2024 presidential election, the popular vote in Arkansas went to Donald J. Trump with 64.2% of the vote. The runner-up was Kamala Harris (33.6%), followed by Robert Kennedy (1.12%).

The following chart shows the popular vote results in Arkansas for each registered party from 1976 to 2024.

View Data
Save Image

Senator Elections

US Senators from Arkansas

Senatorial voting results are only available at the state level. Showing data for Arkansas.
John Boozman
Senator from Arkansas3
Assumed office on January 3, 2011
Tom Cotton
Senator from Arkansas2
Assumed office on January 3, 2015

John Boozman and Tom Cotton are the senators currently representing Arkansas.

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 Arkansas over time, excluding special elections, colored by their political party.

View Data
Save Image

Housing & Living

The median property value in Magnet Cove, AR was $156,700 in 2024, which is 0.471 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $154,600 to $156,700, a 1.36% increase. The homeownership rate in Magnet Cove, AR is 64.2%, which is lower than the national average of 65.2%.

People in Magnet Cove, AR have an average commute time of 31.6 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

$156,700
Median Property Value 2024
±$30,123
$240
Median Property Taxes
±$115

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.

View Data
Save Image
View Data
Save Image

Rent vs Own

64.2%
Homeownership
2024
52.5%
Homeowners with Mortgage
2024

In 2024, 64.2% of the housing units in Magnet Cove, AR were occupied by their owner. This percentage grew from the previous year's rate of 48.6%.

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

View Data
Save Image

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$82,411
Median Household Income
± $77,913
374
Number of Households
± 172

In 2022, the median household income of the 374 households in Magnet Cove, AR declined from $82,411 from the previous year's value of $122,733.

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.

View Data
Save Image

Wage Distribution

The closest comparable wage GINI for Magnet Cove, AR is from Arkansas.
0.448
2023 Wage GINI in Arkansas
0.452
2022 Wage GINI in Arkansas

In 2023, the income inequality in Arkansas was 0.448 according to the GINI calculation of the wage distribution. Income inequality had a 0.73% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Arkansas was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Arkansas in comparison to the national average.

This chart shows the number of workers in Arkansas across various wage buckets compared to the national average.

View Data
Save Image

Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (88.3%)
  2. Worked At Home (11.7%)

In 2024, 88.3% of workers in Magnet Cove, AR drove alone to work, followed by those who worked at home (11.7%) and those who carpooled to work (0%).

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.

View Data
Save Image

Commute Time

31.6 minutes
Average Travel Time

Using averages, employees in Magnet Cove, AR have a longer commute time (31.6 minutes) than the normal US worker (26.4 minutes). Additionally, 5.75% 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.

View Data
Save Image
View Data
Save Image

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.

View Data
Save Image

Poverty

Poverty & Diversity

34.5% of the population for whom poverty status is determined in Magnet Cove, AR (307 out of 889 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 18 - 24, followed by Males 25 - 34 and then Females 6 - 11.

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.

View Data
Save Image

Health

80.9% of the population of Magnet Cove, AR has health coverage, with 40.2% on employee plans, 17.3% on Medicaid, 11% on Medicare, 12.4% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Arkansas see 1,478 patients per year on average, which represents a 0% change from the previous year (1,478 patients). Compare this to dentists who see 2044 patients per year, and mental health providers who see 368 patients per year.

By gender, of the total number of insured persons, 48.8% were men and 51.2% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 22.7% under 18 years, 31.6% between 18 and 34 years, 32.6% between 35 and 64 years, and 13% over 64 years.

By gender, of the total number of insured persons, 48.8% were men and 51.2% were women.

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

View Data
Save Image

Uninsured People

19.1%
Uninsured
40.2%
Employer Coverage
17.3%
Medicaid
11%
Medicare
12.4%
Non-Group
0%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Magnet Cove, AR declined by 20.2% from 24% to 19.1%.

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.

View Data
Save Image