B+
Income/capita 33%
Household income 33%
Unemployment 100%
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%

Key findings

  • 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

Best Places for Employment in and Around Magnet Cove

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Compare Magnet Cove, AR Employment

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      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.

      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.
      Stratton, NE354$39,25029%
      El Moro, CO354$75,00036%
      Blackwell, TX354$48,05613%
      Hancock, WI354$30,57745%
      San Isidro, TX354$43,25022%
      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).