Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 36.1 yrs |
|---|---|
| Avg HH Size | 2.63 |
| Below Poverty | 16.3% ▲ 63% above avg |
| College Grads | 18.0% ▼ 54% below avg |
| Unemployment | 3.9% ▼ 20% below avg |
| No HS Diploma | 1 (0.5%) |
| HS Graduate | 108 (51.2%) |
| Some College | 28 (13.3%) |
| Associates | 36 (17.1%) |
| Bachelors | 8 (3.8%) |
| Graduate Degree | 30 (14.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $64,500 ▼ 15% below avg |
|---|---|
| Median Home Value | $121,300 ▼ 56% below avg |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $970/mo |
| Total Housing Units | 129 |
| Vacant Units | 5 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Magnetic Springs is a city in Ohio, located in Union County. The city spans 1 ZIP code and is home to approximately 326 residents. It is a relatively young city, with a median age of 36.1 years.
Economically, Magnetic Springs is a solidly middle-class community. The median household income of $64,500 is below the national average. Approximately 16.3% of residents live below the poverty line. The unemployment rate is 3.9%, below the national average.
The real estate market in Magnetic Springs is one of the more affordable housing markets in the country. Median home values stand at $121,300, which is well below the national average. Renters typically pay around $970 per month. Homeownership is high at 61.3%, typical of suburban and family-oriented communities.
The population of Magnetic Springs is less-educated. 18.0% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (91.1%).
Magnetic Springs, OH offers residents a cost-conscious lifestyle within Ohio.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 43036 | 326 | $64,500 | $121,300 | $970 | 3.9% | 18.0% | 61.3% |