Magnet, Nebraska Demographics & Population 2026
During the 2020–2024 ACS period, Magnet, Nebraska had a total population of 61, the 498th largest village in Nebraska, with a median household income of $59,063, which is 23% lower than the state average. The poverty rate is 14.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 9.1% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 0.6x.
Magnet Quick Facts
How Magnet 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 | 63 | 61 | -3.2% |
| Median household income | $57,250 | $59,063 | +3.2% |
| Median home value | $42,500 | $33,800 | -20.5% |
How Magnet 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
Moderate diversity with one or two groups making up the majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Magnet Rankings in Nebraska
Explore Nebraska Rankings
Other Cities in Cedar County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Hartington | 1,621 | $80,577 | 2.4% | $178,100 |
| Laurel | 1,018 | $58,519 | 19.2% | $164,200 |
| Randolph | 877 | $84,531 | 6.5% | $119,000 |
| Coleridge | 553 | $46,818 | 13.4% | $87,100 |
| Wynot | 209 | $77,500 | 11.0% | $117,500 |
| Fordyce | 195 | $83,125 | 22.6% | $106,700 |
| Aten | 136 | N/A | 3.7% | N/A |
| Bow Valley | 106 | $86,250 | 0.0% | $170,800 |
| Belden | 101 | $70,625 | 11.9% | $107,500 |
| St. Helena | 97 | $85,625 | 4.1% | $156,700 |
Cities Similar to Magnet
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hubbell | 61 | N/A | $41,700 | 4.2% | 18.0% |
| Fontanelle | 60 | N/A | N/A | 54.8% | 0.0% |
| Tobias | 61 | $61,250 | $102,500 | 20.0% | 16.7% |
| Garrison | 61 | $65,000 | $65,800 | 7.1% | 4.9% |
| Abie | 59 | $55,938 | $72,500 | 7.1% | 10.2% |
A note before these figures: with a population of 61, Magnet'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 is a small community located in Nebraska, within Cedar County. The total population is 61. It ranks as the 498th most populous out of 583 Census-designated places in Nebraska.
Age Demographics
The median age in Magnet is 47.5 years. This is 28% higher than the state median of 37.2 years. 11.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Magnet is $59,063. This is 23% lower than the state median of $76,475. It is also 27% lower than the national median of $80,734. The poverty rate stands at 14.8%. This is 39% higher than the state poverty rate of 10.6%. The survey records no unemployed residents in Magnet, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $33,800. Housing costs are 86% lower than the state median of $238,600. With a home-value-to-income ratio of just 0.6x, Magnet is one of the most affordable housing markets in the area. 81.5% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 66.5%.
Race & Ethnicity
The largest racial or ethnic group in Magnet is White (non-Hispanic), making up 73.8% of the population.
Education
9.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 74% lower than the state rate of 34.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.1%.
Data Sources & Methodology
All demographic data for Magnet, Nebraska 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 Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 583 Census-designated places in Nebraska. 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 Nebraska city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Magnet, Nebraska?
Magnet, Nebraska has a population of 61 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Magnet, NE?
The median household income in Magnet is $59,063, which is 27% lower than the national median of $80,734.
What is the poverty rate in Magnet, NE?
The poverty rate in Magnet is 14.8%. This means approximately 9 residents live below the federal poverty line.
What is the racial makeup of Magnet, Nebraska?
Magnet's population is 73.8% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Magnet, NE?
The median home value in Magnet is $33,800. The home-value-to-income ratio is 0.6x.
How educated is Magnet, Nebraska?
9.1% of adults (25+) in Magnet hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.