Living in Magness, Arkansas
Cost of living, income, home prices, rent and demographics of Magness · Census data 2020–2024
Magness has 238 residents with a median age of 26.5. The median household income is $42,500 (30% lower than the Arkansas median), the median home value is $115,000, the median rent is $1,111/month.
Magness is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Magness at a glance
- Population
- 238
- Median age
- 26.5State: 38.5
- Median household income
- $42,500State: $60,773
- Median home value
- $115,000State: $188,000
- Median rent
- $1,111/moState: $947
- Homeowners
- 76.7%
- Bachelor's degree or higher
- 8.7%
- Average commute
- 22 min
Is Magness a good place to live?
Pros: Home values 39% lower than the state median; an average commute of 22 minutes; a poverty rate of 14.7%.
Cons: Median household income 30% lower than the Arkansas median.
The weather is best in April–May and September–October.
Cost of living in Magness
Housing is the biggest part of the cost of living. In Magness the median home value is $115,000, 65% lower than the U.S. median. Renters pay a median of $1,111 per month, which is 31.7% of household income. Homeowners with a mortgage pay $807 a month in housing costs.
Magness median household income
The median household income in Magness is $42,500 and the income per person is $25,254. 14.7% of residents live below the poverty line (Arkansas: 16%).
Housing in Magness: homes for sale and rent
- Housing units
- 95
- Owner-occupied
- 76.7%
- Renter-occupied
- 23.3%
- Vacant
- 9.5%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.77
Magness demographics
- Population
- 238
- Median age
- 26.5
- Under 18
- 20.2%
- 65 and older
- 10.5%
- Households
- 86
- Foreign-born
- 0%
- Veterans
- 12.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Magness ›
Education in Magness
8.7% of adults 25 and older in Magness have a bachelor's degree or higher (Arkansas: 25.7%), and 0% have a graduate or professional degree.
Jobs and commute in Magness
- Unemployment rate
- 0%State: 4.9%
- Average commute
- 22 minState: 23 min
- Work from home
- 0%
- Drive alone
- 80.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 97.7%
Magness vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Magness | 238 | $42,500 | $115,000 | $1,111 |
| Newark | 1,637 | $40,417 | $96,300 | $662 |
| Sulphur Rock | 1,014 | $96,429 | — | $794 |
| Oil Trough | 259 | $40,083 | $83,100 | $475 |
| Salado | 507 | $39,355 | $221,800 | — |
| Moorefield | 120 | $68,750 | $250,000 | $1,109 |
| Southside | 4,246 | $65,655 | $151,300 | $843 |
| Batesville | 11,445 | $51,856 | $163,600 | $882 |
| Jacksonport | 115 | $40,104 | $80,600 | — |
More for people moving to Magness
Magness ZIP code ›Weather and climate ›Living in Magness: FAQ
What is the median household income in Magness, AR?
The median household income in Magness is $42,500, 30% lower than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Magness?
The median home value in Magness is $115,000, compared with $188,000 in Arkansas.
How much is rent in Magness?
The median gross rent in Magness is $1,111 per month, about 31.7% of household income.
Is Magness, AR a good place to live?
Pluses: home values 39% lower than the state median; an average commute of 22 minutes; a poverty rate of 14.7%. Minuses: median household income 30% lower than the Arkansas median.
What is the median age in Magness?
The median age in Magness is 26.5 years (Arkansas: 38.5).
How long is the commute in Magness?
The average commute to work in Magness is 22 minutes; 0% of workers work from home.
What is the unemployment rate in Magness?
The unemployment rate in Magness is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Magness?
8.7% of adults in Magness have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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