At a Glance
Median Income
$57,250
$25,668 per capita
Home Value
$42,500
Zillow: $184,906
Violent Crime
0/100K
248/100K property
Bachelor's Degree+
6.7%
80.0% high school+
Unemployment
0.0%
10.0% poverty rate
Obesity Rate
37.8%
14.7% smoking rate
Avg Temperature
48°F
291 sunny days/yr
How Magnet Compares to the U.S. Average
Each bar shows Magnet's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Magnet a Good Place to Live?
B
3.2 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Magnet residents earn a median household income of $57,250 , which is 24% below the national average of $75,149.
Per capita income is $25,668. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 10.0% of residents live below the poverty line. The area is home to 244 business establishments, including 14 restaurants.
Housing & Cost of Living
The median home value in Magnet is $42,500 , 85% below the national median of $281,900.
Zillow estimates the typical home at $184,906. The cost of living index is 90.1 (100 = national average). The median home was built in 1938.
Safety & Crime
Magnet reports 0 violent crimes per 100,000 residents
, which is 100% below the national average of 380/100K.
Property crime is 248/100K.
Education
6.7% of adults in Magnet hold a bachelor's degree or higher
(80% below the national average).
80.0% have completed high school. Local schools score 6.6/10 in standardized testing.
Climate & Weather
Magnet has an average annual temperature of 48°F (9°C).
Winters average 21°F in January while summers reach 74°F in July. The area gets 291 sunny days per year. Annual precipitation totals 27.5 inches. Air quality is rated Good with a median AQI of 32.
Data Overview
People
Population63
Median Age41.5 yrs
Density420/mi²
Male / Female54% / 46%
Foreign Born13.6%
Veterans48.0%
Economy
B+
Median Income$57,250
Per Capita$25,668
Unemployment0.0%
Poverty10.0%
County GDP$738M
Avg Weekly Wage$919
Housing
A+
Home Value$42,500
Rent
Ownership77.8%
Zillow$184,906
Housing Units31
Rent Burden23.6%
Crime
C+
Violent0/100K
Property248/100K
Health
Obesity37.8%
Diabetes8.7%
Smoking14.7%
Heart Disease5.1%
Premature Death7,469/100K
Climate
Avg Temp48°F
Sunny Days291/yr
Rain27.5 in/yr
AQI32 (Good)
Elevation1,817 ft
Education
D
Bachelor's+6.7%
High School+80.0%
Graduate+0.0%
School Score6.6/10
Community
2024 VoteR 88% / D 11%
Commute31 min
Broadband27.0%
Internet Speed81 Mbps
EV Stations9
Libraries3
Did You Know?
The median home in Magnet was built in 1938.
21.4% work from home.
The nearest airport is Norfolk Regional/Karl Stefan Memorial Field (33 miles).
The Gini coefficient (income inequality) is 0.414 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
5.8% of the population has a disability.
13.6% of residents are foreign-born.
The county recorded 1 fatal vehicle crashes.
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