Population 513 · Census ACS 2020–24
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Population and households in Magnet Cove
Household size in Magnet Cove
| Period | Magnet Cove | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 2.80 | 2.54 | 2.68 |
| 2010–14 | 2.66 | 2.57 | 2.73 |
| 2015–19 | 2.94 | 2.55 | 2.71 |
| 2020–24 | 2.68 | 2.53 | 2.65 |
| Change | −0.12 | −0.00 | −0.03 |
At 2.68 people per household, Magnet Cove sits close to the national average of 2.65. The typical household here is bigger than in Arkansas as a whole, where it has 2.53 people. Since 2006–10, household size has dropped from 2.80, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Magnet Cove
| Period | Magnet Cove | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 43.2 | 37.9 | 37.7 |
| 2010–14 | 44.8 | 38.7 | 38.6 |
| 2015–19 | 36.4 | 39.5 | 39.6 |
| 2020–24 | 47.2 | 39.6 | 40.1 |
| Change | +3.9 | +1.7 | +2.3 |
With a median age of 47.2, Magnet Cove is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Magnet Cove
| Period | Magnet Cove | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 6.1% | 12.5% | 12.3% |
| 2010–14 | 2.7% | 12.5% | 12.3% |
| 2015–19 | 16.2% | 12.3% | 11.6% |
| 2020–24 | 6.3% | 12.3% | 11.6% |
| Change | +0.3 pts | −0.2 pts | −0.6 pts |
Single parents head only 6.3% of households in Magnet Cove, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Magnet Cove
Renters in Magnet Cove
| Period | Magnet Cove | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 11.2% | 32.3% | 33.3% |
| 2010–14 | 12.7% | 33.5% | 35.6% |
| 2015–19 | 7.9% | 34.4% | 36.0% |
| 2020–24 | 10.7% | 33.6% | 34.8% |
| Change | −0.5 pts | +1.3 pts | +1.5 pts |
Only 10.7% of households in Magnet Cove rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Nearly half of owners (47.6%) have paid off their mortgages, above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Magnet Cove
| Period | Magnet Cove | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 11.7% | 13.4% | 11.4% |
| 2010–14 | 12.5% | 13.9% | 11.4% |
| 2015–19 | 19.4% | 14.4% | 11.1% |
| 2020–24 | 17.4% | 13.1% | 9.6% |
| Change | +5.7 pts | −0.3 pts | −1.8 pts |
Vacant homes make up 17.4% of the housing in Magnet Cove, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Magnet Cove
| Period | Magnet Cove | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 1984 | 1981 | 1974 |
| 2010–14 | 1990 | 1983 | 1975 |
| 2015–19 | 1993 | 1985 | 1977 |
| 2020–24 | 1989 | 1988 | 1980 |
| Change | +6 | +6 | +6 |
Magnet Cove has newer housing than the country as a whole: the median home was built in 1989, versus 1980 nationally. The picture is much the same across Arkansas.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Magnet Cove
| Period | Magnet Cove | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | $774 | $660 | $965 |
| 2010–14 | $817 | $718 | $1,040 |
| 2015–19 | $646 | $785 | $1,213 |
| 2020–24 | $784 | $1,007 | $1,571 |
| Change | +$10 | +$346 | +$606 |
The median renter in Magnet Cove pays $784 a month for rent and utilities, well below the national median of $1,571. The typical renter here spends 50.1% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Magnet Cove
Bachelor's degrees in Magnet Cove
| Period | Magnet Cove | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 14.8% | 20.6% | 28.4% |
| 2010–14 | 13.6% | 21.8% | 29.6% |
| 2015–19 | 10.2% | 23.8% | 32.1% |
| 2020–24 | 22.4% | 26.2% | 35.6% |
| Change | +7.6 pts | +5.6 pts | +7.2 pts |
College degrees are relatively uncommon in Magnet Cove: 22.4% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Magnet Cove
| Period | Magnet Cove | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 82.0% | 82.6% | 84.9% |
| 2010–14 | 87.7% | 84.6% | 86.1% |
| 2015–19 | 91.2% | 86.6% | 87.7% |
| 2020–24 | 92.2% | 88.7% | 89.3% |
| Change | +10.2 pts | +6.1 pts | +4.3 pts |
About nine in ten adults in Magnet Cove have finished high school (92.2%), a bit above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Magnet Cove
| Period | Magnet Cove | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 15.6% | 7.7% | 8.1% |
| 2010–14 | 3.5% | 8.4% | 9.4% |
| 2015–19 | 10.6% | 5.2% | 5.6% |
| 2020–24 | 5.7% | 5.1% | 5.4% |
| Change | −9.9 pts | −2.6 pts | −2.7 pts |
At 5.7%, unemployment in Magnet Cove is close to the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Magnet Cove compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Magnet Cove | 2.68 | 47.2 | 6.3% | 10.7% | 17.4% | 1989 | $784 | 22.4% | 92.2% | 5.7% |
| Jones Mills | 2.09 | 51.4 | 7.5% | 16.7% | 18.1% | 1979 | $772 | 34.6% | 96.0% | 2.6% |
| Price | 3.00 | 42.5 | 7.3% | 15.9% | 18.7% | 1997 | $868 | 23.3% | 91.7% | 4.2% |
| Butterfield | 2.20 | 50.8 | 9.1% | 15.3% | 17.2% | 1978 | $807 | 29.2% | 95.5% | 2.9% |
| Jones Mill | 2.07 | 51.9 | 7.6% | 16.8% | 18.2% | 1978 | $773 | 34.3% | 96.2% | 2.6% |
| Rockport | 2.74 | 40.0 | 8.5% | 24.6% | 21.8% | 1976 | $898 | 17.0% | 90.4% | 5.7% |
| Lake Catherine | 3.15 | 38.7 | 10.8% | 20.8% | 21.1% | 2002 | $997 | 30.0% | 92.9% | 2.5% |
| Glen Rose | 2.62 | 44.1 | 8.9% | 21.4% | 10.0% | 1992 | $894 | 24.4% | 91.3% | 2.2% |
| Lonsdale | 2.92 | 42.7 | 17.0% | 23.7% | 22.5% | 1998 | $980 | 17.3% | 85.2% | 10.5% |
| Malvern | 2.49 | 42.1 | 7.6% | 31.3% | 13.6% | 1977 | $805 | 17.6% | 89.0% | 3.6% |
| Perla | 2.51 | 39.8 | 3.4% | 41.0% | 8.6% | 1973 | $808 | 16.4% | 90.7% | 3.3% |
All figures 2020–24.
Cities with similar populations: Wynot, NE · Vermilion, NY · Transylvania, LA · Upperville, VA · Bainville, MT · Bagley, WI · Baden, WV · Bacavi, AZ · Avery, IA · Authon, TX
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Magnet Cove. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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