Population 197 · Census ACS 2020–24
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Population and households in Magnet
Household size in Magnet
| Period | Magnet | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.26 | 2.57 | 2.68 |
| 2010–14 | 2.64 | 2.59 | 2.73 |
| 2015–19 | 2.44 | 2.57 | 2.71 |
| 2020–24 | 2.17 | 2.54 | 2.65 |
| Change | −0.08 | −0.03 | −0.03 |
Households in Magnet are small: just 2.17 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home.
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
| Period | Magnet | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 37.1 | 37.5 | 37.7 |
| 2010–14 | 32.0 | 38.4 | 38.6 |
| 2015–19 | 40.4 | 39.1 | 39.6 |
| 2020–24 | 56.9 | 39.3 | 40.1 |
| Change | +19.8 | +1.7 | +2.3 |
With a median age of 56.9, Magnet is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees. Since 2006–10, the median age has climbed from 37.1, but in a place this small, much of that may be survey noise rather than real change.
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
| Period | Magnet | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 3.0% | 11.8% | 12.3% |
| 2010–14 | 9.8% | 12.0% | 12.3% |
| 2015–19 | 3.2% | 11.6% | 11.6% |
| 2020–24 | 3.0% | 11.7% | 11.6% |
| Change | −0.1 pts | −0.1 pts | −0.6 pts |
Single-parent households are relatively rare in Magnet: 3.0% of households, against 11.6% nationally.
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
Renters in Magnet
| Period | Magnet | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1.2% | 28.5% | 33.3% |
| 2010–14 | 10.6% | 30.5% | 35.6% |
| 2015–19 | 4.5% | 30.9% | 36.0% |
| 2020–24 | 18.9% | 29.4% | 34.8% |
| Change | +17.7 pts | +1.0 pts | +1.5 pts |
Magnet is largely a place of homeowners: only 18.9% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. More than four in ten owners (43.6%) 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
| Period | Magnet | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 15.6% | 11.2% | 11.4% |
| 2010–14 | 19.1% | 11.2% | 11.4% |
| 2015–19 | 18.1% | 10.9% | 11.1% |
| 2020–24 | 14.0% | 9.3% | 9.6% |
| Change | −1.6 pts | −2.0 pts | −1.8 pts |
Vacancy is high in Magnet: 14.0% of homes are empty, 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
| Period | Magnet | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1987 | 1972 | 1974 |
| 2010–14 | 1965 | 1973 | 1975 |
| 2015–19 | 1983 | 1974 | 1977 |
| 2020–24 | 1988 | 1977 | 1980 |
| Change | +1 | +5 | +6 |
Much of the housing in Magnet is relatively new: half of its homes were built after 1988, compared with 1980 for the U.S. as a whole.
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
| Period | Magnet | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $517 | $763 | $965 |
| 2010–14 | $664 | $819 | $1,040 |
| 2015–19 | $637 | $903 | $1,213 |
| 2020–24 | $639 | $1,146 | $1,571 |
| Change | +$123 | +$384 | +$606 |
A typical rental in Magnet costs $639 a month with utilities, well below the national median of $1,571. Rent takes 20.4% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
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
Bachelor's degrees in Magnet
| Period | Magnet | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 18.4% | 23.8% | 28.4% |
| 2010–14 | 15.2% | 24.6% | 29.6% |
| 2015–19 | 23.7% | 27.1% | 32.1% |
| 2020–24 | 12.6% | 30.0% | 35.6% |
| Change | −5.8 pts | +6.2 pts | +7.2 pts |
College degrees are relatively uncommon in Magnet: 12.6% 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
| Period | Magnet | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 91.5% | 86.5% | 84.9% |
| 2010–14 | 98.3% | 87.7% | 86.1% |
| 2015–19 | 89.7% | 88.7% | 87.7% |
| 2020–24 | 93.4% | 89.9% | 89.3% |
| Change | +1.8 pts | +3.4 pts | +4.3 pts |
High school completion in Magnet is above the national rate: 93.4% of adults have a diploma or equivalent, against 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
| Period | Magnet | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 5.3% | 8.4% | 8.1% |
| 2010–14 | 3.0% | 8.9% | 9.4% |
| 2015–19 | 5.6% | 4.9% | 5.6% |
| 2020–24 | 0.1% | 4.3% | 5.4% |
| Change | −5.2 pts | −4.1 pts | −2.7 pts |
The job market in Magnet has been strong: just 0.1% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current 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 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 | 2.17 | 56.9 | 3.0% | 18.9% | 14.0% | 1988 | $639 | 12.6% | 93.4% | 0.1% |
| Alton | 2.69 | 37.2 | 8.4% | 20.3% | 26.2% | 1983 | $725 | 9.0% | 95.2% | 2.1% |
| Concordia | 3.40 | 41.5 | 11.5% | 12.0% | 10.3% | 1997 | $981 | 9.7% | 80.6% | 21.1% |
| Dexter | 2.10 | 59.5 | 2.7% | 15.9% | 12.0% | 1987 | $691 | 14.2% | 92.2% | 0.0% |
| Derby | 1.98 | 63.8 | 2.9% | 6.6% | 7.9% | 1986 | $875 | 18.6% | 88.7% | 0.0% |
| Oriole | 2.53 | 43.5 | 2.9% | 11.6% | 22.8% | 1991 | $650 | 17.7% | 90.9% | 2.1% |
| Leopold | 2.40 | 47.2 | 3.0% | 12.9% | 15.5% | 1994 | $632 | 17.7% | 90.4% | 2.6% |
| Wolf Creek | 3.40 | 41.5 | 11.5% | 12.0% | 10.3% | 1997 | $981 | 9.7% | 80.6% | 21.1% |
| Union Star | 2.65 | 37.5 | 18.8% | 15.4% | 13.8% | 2001 | $886 | 13.8% | 84.2% | 3.4% |
| Battletown | 3.25 | 44.3 | 10.9% | 16.2% | 12.4% | 1989 | $977 | 11.9% | 85.3% | 11.8% |
| Rhodelia | 2.52 | 44.2 | 5.6% | 13.6% | 27.1% | 1990 | $978 | 4.9% | 83.7% | 0.1% |
All figures 2020–24.
Cities with similar populations: Durango, TX · Three Points, CA · East Lynn, IL · East Fryeburg, ME · Dyckesville, WI · Dwiggins, MS · Duxbury, MN · Durgintown, ME · Durbin, OH · Tiller Crossroads, AL
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. 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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