A-
17%
Income/capita NAT. AVG.
52%
Household income NAT. AVG.
220%
Unemployment NAT. AVG.
IndexMagnet CoveArkansasNational
Income per capita$37,247$34,533$44,883
Median household income$123,616$64,269$81,333
Median income owner occupied$122,832$78,259$106,172
Median income renter occupied$0$39,884$52,080
Median earnings male$0$46,339$54,343
Median earnings female$24,287$33,396$38,439
Unemployment rate15.7%4.2%4.9%
Poverty level0.0%18.8%15.1%
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Key findings

  • The income per capita in Magnet Cove is 17% lower than the national average
  • The median household income in Magnet Cove is 52% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Magnet Cove is 220% higher than the national average
  • The poverty level in Magnet Cove is 100% lower than the national average

Compare Magnet Cove, AR Employment

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      am i middle class

      $
      Input your household income
      $82,402 $123,616 $247,232
      City
      $42,841 $64,269 $128,538
      State
      $54,216 $81,333 $162,666
      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.

      Magnet Cove median earnings by income bracket

      Magnet Cove employment by industry

      Labour TypeMaleFemale
      Construction industry0.0%0.0%
      Manufacturing sector76.5%76.5%
      Financial & insurance services0.0%0.0%
      Wholesale & retail services0.0%0.0%
      Public administration0.0%0.0%
      Transportation, warehousing & utilities23.5%23.5%
      Education, health & social services0.0%0.0%
      Other0.0%0.0%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Haskell, AR4,692$107,21531.8%
      Tull, AR503$91,52112.5%
      Poyen, AR373$90,10210.8%
      Traskwood, AR360$86,7566.7%
      Lonsdale, AR272$81,6880.4%
      Magnet Cove, AR985$123,61652.0%

      Cities with similar population

      City Population Household Income National Avg.
      Spaulding, IL985$156,42892.3%
      Anacoco, LA985$114,60740.9%
      Mantorville, MN985$127,11256.3%
      Bloomingburg, OH985$71,52012.1%
      Lake Koshkonong, WI985$106,91931.5%
      Magnet Cove, AR985$123,61652.0%
      Source: The Magnet Cove, AR employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.