Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 32.5 yrs |
|---|---|
| Avg HH Size | 3.32 |
| Below Poverty | 8.5% ▼ 15% below avg |
| College Grads | 25.1% ▼ 35% below avg |
| Unemployment | 5.0% ≈ Avg |
| No HS Diploma | 347 (2.1%) |
| HS Graduate | 7,271 (45%) |
| Some College | 2,023 (12.5%) |
| Associates | 2,475 (15.3%) |
| Bachelors | 1,645 (10.2%) |
| Graduate Degree | 2,410 (14.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $87,516 ▲ 15% above avg |
|---|---|
| Median Home Value | $341,400 ▲ 22% above avg |
| Home/Income Ratio | 3.9x (nat avg ~3.5x) |
| Median Rent | $1,623/mo |
| Total Housing Units | 9,057 |
| Vacant Units | 179 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Magna is a city in Utah, located in Salt Lake County. The city spans 1 ZIP code and is home to approximately 29,488 residents. It is a relatively young city, with a median age of 32.5 years.
Economically, Magna is a middle-income community. The median household income of $87,516 is near the national average. Approximately 8.5% of residents live below the poverty line. The unemployment rate is 5.0%, near the national average.
The real estate market in Magna is a mid-range housing market. Median home values stand at $341,400, which is above the national average. Renters typically pay around $1,623 per month. Homeownership is high at 79.7%, typical of suburban and family-oriented communities.
The population of Magna is moderately educated. 25.1% of adults hold a bachelor's degree or higher — below the national average. The community is majority White (54.01%).
Magna, UT offers residents above-average earning potential within Utah.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 84044 | 29,488 | $87,516 | $341,400 | $1,623 | 5.0% | 25.1% | 79.7% |