Living in Magnetic Springs, Ohio
Cost of living, income, home prices, rent and demographics of Magnetic Springs · Census data 2020–2024
Magnetic Springs has 359 residents with a median age of 35.1. The median household income is $77,813 (9% higher than the Ohio median), the median home value is $137,500, the median rent is $1,000/month.
Magnetic Springs is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Magnetic Springs at a glance
- Population
- 359
- Median age
- 35.1State: 39.7
- Median household income
- $77,813State: $71,389
- Median home value
- $137,500State: $214,800
- Median rent
- $1,000/moState: $1,034
- Homeowners
- 61.8%
- Bachelor's degree or higher
- 11.5%
- Average commute
- 26 min
Is Magnetic Springs a good place to live?
Pros: Median household income 9% higher than the Ohio median; home values 36% lower than the state median.
Cons: An average commute of 26 minutes; unemployment of 5.9%; a poverty rate of 17.8%.
The weather is best in May–June and August–September.
Cost of living in Magnetic Springs
Housing is the biggest part of the cost of living. In Magnetic Springs the median home value is $137,500, 59% lower than the U.S. median. Renters pay a median of $1,000 per month, which is 20% of household income. Homeowners with a mortgage pay $1,101 a month in housing costs.
Magnetic Springs median household income
The median household income in Magnetic Springs is $77,813 and the income per person is $25,232. 17.8% of residents live below the poverty line (Ohio: 13.3%).
Housing in Magnetic Springs: homes for sale and rent
- Housing units
- 136
- Owner-occupied
- 61.8%
- Renter-occupied
- 38.2%
- Vacant
- 3.7%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.74
Magnetic Springs demographics
- Population
- 359
- Median age
- 35.1
- Under 18
- 28.7%
- 65 and older
- 8.4%
- Households
- 131
- Foreign-born
- 0%
- Veterans
- 5.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Magnetic Springs ›
Education in Magnetic Springs
11.5% of adults 25 and older in Magnetic Springs have a bachelor's degree or higher (Ohio: 31.5%), and 0.8% have a graduate or professional degree.
Jobs and commute in Magnetic Springs
- Unemployment rate
- 5.9%State: 4.8%
- Average commute
- 26 minState: 23 min
- Work from home
- 0.7%
- Drive alone
- 94.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 87%
Magnetic Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Magnetic Springs | 359 | $77,813 | $137,500 | $1,000 |
| Richwood | 2,332 | $64,007 | $180,300 | $852 |
| Ostrander | 1,008 | $159,375 | $485,600 | $1,000 |
| Prospect | 1,157 | $70,833 | $164,100 | $1,072 |
| Marysville | 27,518 | $92,619 | $300,800 | $1,223 |
| Raymond | 415 | $118,950 | $325,800 | — |
| Delaware | 44,589 | $99,786 | $318,400 | $1,286 |
| Waldo | 370 | $64,519 | $150,000 | $917 |
| Green Camp | 437 | $56,250 | $123,300 | $775 |
More for people moving to Magnetic Springs
Magnetic Springs ZIP code ›Weather and climate ›Living in Magnetic Springs: FAQ
What is the median household income in Magnetic Springs, OH?
The median household income in Magnetic Springs is $77,813, 9% higher than the Ohio median of $71,389 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Magnetic Springs?
The median home value in Magnetic Springs is $137,500, compared with $214,800 in Ohio.
How much is rent in Magnetic Springs?
The median gross rent in Magnetic Springs is $1,000 per month, about 20% of household income.
Is Magnetic Springs, OH a good place to live?
Pluses: median household income 9% higher than the Ohio median; home values 36% lower than the state median. Minuses: an average commute of 26 minutes; unemployment of 5.9%; a poverty rate of 17.8%.
What is the median age in Magnetic Springs?
The median age in Magnetic Springs is 35.1 years (Ohio: 39.7).
How long is the commute in Magnetic Springs?
The average commute to work in Magnetic Springs is 26 minutes; 0.7% of workers work from home.
What is the unemployment rate in Magnetic Springs?
The unemployment rate in Magnetic Springs is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Magnetic Springs?
11.5% of adults in Magnetic Springs 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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