At a Glance
Median Income
$64,500
$26,163 per capita
Home Value
$121,300
Zillow: $245,045
Median Rent
$970/mo
31.3% of income on rent
Bachelor's Degree+
13.4%
91.1% high school+
Unemployment
3.9%
17.6% poverty rate
Obesity Rate
43.5%
17.6% smoking rate
How Magnetic Springs Compares to the U.S. Average
Each bar shows Magnetic Springs's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Magnetic Springs a Good Place to Live?
B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Magnetic Springs residents earn a median household income of $64,500 , which is 14% below the national average of $75,149.
Per capita income is $26,163. The unemployment rate stands at 3.9% (8% above the U.S. rate of 3.6%). 17.6% of residents live below the poverty line. The area is home to 1,580 business establishments, including 95 restaurants.
Housing & Cost of Living
The median home value in Magnetic Springs is $121,300 , 57% below the national median of $281,900.
Zillow estimates the typical home at $245,045. Median rent is $970/month, with 31.3% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1938.
Education
13.4% of adults in Magnetic Springs hold a bachelor's degree or higher
(60% below the national average).
91.1% have completed high school. Local schools score 6.7/10 in standardized testing.
Climate & Weather
Magnetic Springs has an average annual temperature of 52°F (11°C).
Winters average 28°F in January while summers reach 75°F in July. Annual precipitation totals 39.3 inches.
Data Overview
People
Population326
Median Age36.1 yrs
Density1,552/mi²
Male / Female55% / 45%
Foreign Born0.0%
Veterans4.2%
Economy
B
Median Income$64,500
Per Capita$26,163
Unemployment3.9%
Poverty17.6%
County GDP$6,200M
Avg Weekly Wage$1,424
Housing
A+
Home Value$121,300
Rent$970
Ownership61.3%
Zillow$245,045
Housing Units144
Rent Burden31.3%
Health
Obesity43.5%
Diabetes10.9%
Smoking17.6%
Heart Disease5.9%
Premature Death5,567/100K
Climate
Avg Temp52°F
Rain39.3 in/yr
Elevation937 ft
Education
C
Bachelor's+13.4%
High School+91.1%
Graduate+0.0%
School Score6.7/10
Community
2024 VoteR 64% / D 35%
Commute27 min
Broadband85.5%
Internet Speed102 Mbps
EV Stations28
Libraries3
Did You Know?
The median home in Magnetic Springs was built in 1938.
The nearest airport is John Glenn Columbus International (31 miles).
The Gini coefficient (income inequality) is 0.413 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
23.7% of the population has a disability.
Average internet download speed is 102 Mbps.
The county recorded 7 fatal vehicle crashes.
91 declared natural disasters on record.