Magnet Cove, Arkansas Demographics & Population 2026
During the 2020–2024 ACS period, Magnet Cove, Arkansas had a total population of 889, the 226th largest community in Arkansas. The poverty rate is 34.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- More than 1 in 4 residents live below the poverty line (34.5%), well above the national average of 12.4%.
- Unemployment rate of 13.9% is notably above the national average.
Magnet Cove Quick Facts
How Magnet Cove Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 818 | 889 | +8.7% |
| Median home value | $154,600 | $156,700 | +1.4% |
How Magnet Cove Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 51 | National average: 61
Education
Educational Attainment (Adults 25+)
Magnet Cove Rankings in Arkansas
Explore Arkansas Rankings
Other Cities in Hot Spring County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Malvern | 10,953 | $46,250 | 20.2% | $104,500 |
| Rockport | 800 | $68,750 | 35.3% | $140,300 |
| Midway | 728 | $96,250 | 5.2% | $160,400 |
| Donaldson | 377 | $66,250 | 6.6% | $85,000 |
| Jones Mills | 230 | $53,750 | 7.8% | $156,100 |
| Friendship | 168 | $55,625 | 9.5% | $163,800 |
| Perla | 141 | $47,500 | 34.8% | $87,500 |
| Bismarck | 41 | N/A | 0.0% | N/A |
Cities Similar to Magnet Cove
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hardy | 890 | $26,932 | $58,600 | 11.3% | 27.0% |
| Sardis | 890 | N/A | $178,000 | 15.5% | 45.3% |
| Coal Hill | 892 | $39,148 | $104,700 | 7.5% | 36.1% |
| Hughes | 886 | $43,250 | $69,800 | 18.1% | 41.6% |
| Floyd | 881 | $83,719 | $230,400 | 14.1% | 3.4% |
A note before these figures: with a population of 889, Magnet Cove's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Magnet Cove is a small community located in Arkansas, within Hot Spring County. The total population is 889. It ranks as the 226th most populous out of 614 Census-designated places in Arkansas.
Age Demographics
The median age in Magnet Cove is 34.0 years. This is 12% lower than the state median of 38.5 years.
Economy, Income & Housing
The poverty rate stands at 34.5%. This is 116% higher than the state poverty rate of 16.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 13.9%. This is 181% higher than the state rate of 4.9%. The median home value is $156,700. Housing costs are 17% lower than the state median of $188,000. 64.2% of occupied housing units are owner-occupied. This homeownership rate is 3% lower than the state average of 66.4%.
Race & Ethnicity
Magnet Cove has a predominantly White (non-Hispanic) population, comprising 86.8% of all residents. Hispanic or Latino residents account for 13.2%.
Education
16.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 35% lower than the state rate of 25.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.5%.
Data Sources & Methodology
All demographic data for Magnet Cove, Arkansas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Arkansas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 614 Census-designated places in Arkansas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all Arkansas city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Magnet Cove, Arkansas?
Magnet Cove, Arkansas has a population of 889 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Magnet Cove, AR?
The Census Bureau does not publish a reliable median household income estimate for Magnet Cove — the community is too small for the ACS sample. The national median is $80,734.
What is the poverty rate in Magnet Cove, AR?
The poverty rate in Magnet Cove is 34.5%. This means approximately 307 residents live below the federal poverty line.
What is the racial makeup of Magnet Cove, Arkansas?
Magnet Cove's population is 86.8% White, 0.0% Black, 13.2% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Magnet Cove, AR?
The median home value in Magnet Cove is $156,700.
How educated is Magnet Cove, Arkansas?
16.7% of adults (25+) in Magnet Cove hold a bachelor's degree or higher, and 1.9% hold a graduate or professional degree.