Magnet Cove employment information

IndexMagnet CoveArkansasNational
Income per capita$39,629$23,401$29,829
Median household income$73,400$42,336$55,322
Median income owner occupied$73,400$53,342$70,586
Median income renter occupied$0$26,724$35,192
Median earnings male$31,167$31,526$36,919
Median earnings female$23,580$22,388$26,250
Unemployment rate0.0%4.0%4.7%
Poverty level0.0%18.8%15.1%
The Magnet Cove, AR employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Magnet Cove is $39,629, which is 69% higher than than the Arkansas average and 33% higher than than the national average. The median household income is $73,400, which is 73% higher than than the Arkansas average and 33% higher than than the national average. The unemployment rate in Magnet Cove is 0%, which is 100% lower than than the national average. The poverty rate in Magnet Cove is 0% which is 100% lower than than the national average.

am i middle class

$Input your household income
$48,928$73,400$146,800
City
$28,221$42,336$84,672
State
$36,877$55,322$110,644
Nation
According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

  • The income per capita in Magnet Cove is 33% higher than the national average.
  • The median household income in Magnet Cove is 33% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Magnet Cove is 100% lower than the national average.
  • The poverty level in Magnet Cove is 100% lower than the national average.

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Compare Magnet Cove, AR Employment To Other Cities

Employment status

Hours worked per week

Magnet Cove median earnings by income bracket

Magnet Cove employment by industry

Labour TypeMaleFemale
Construction industry0.0%0.0%
Manufacturing sector46.3%0.0%
Financial & insurance services0.0%0.0%
Wholesale & retail services15.7%26.2%
Public administration27.8%0.0%
Transportation, warehousing & utilities10.2%14.6%
Education, health & social services0.0%37.9%
Other0.0%0.0%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Haskell, AR4,376$67,32122%
Friendship, AR186$62,65613%
Lake Hamilton, AR1,874$55,0001%
Lonsdale, AR145$52,0836%
Traskwood, AR395$51,5187%
Magnet Cove, AR354$73,40033%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Blackwell, TX354$48,05613%
Creekside, PA354$40,75026%
El Moro, CO354$75,00036%
Moose Pass, AK354$0100%
Hallsboro, NC354$39,68828%
Magnet Cove, AR354$73,40033%
Source: The Magnet Cove, AR employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).