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Magna, Utah Demographics & Population 2026

During the 2020–2024 ACS period, Magna, Utah had a total population of 30,031, the 37th largest community in Utah, with a median household income of $90,346, which is 5% lower than the state average. The poverty rate is 10.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Magna Quick Facts

Population 30,031
Median Household Income $90,346
Median Home Value $376,200
Poverty Rate 10.8%
Unemployment Rate 4.5%
Median Age 33.4 years
Homeownership Rate 78.9%
Affordability Ratio 4.2x
Bachelor's Degree or Higher 13.0%
High School Graduation Rate 86.1%
Diversity Index 59/100
Population 30,031 37th of 326
Median Income $90,346 average
Poverty Rate 10.8% 14% lower than national
Median Home Value $376,200 average

How Magna Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population29,48830,031+1.8%
Median household income$87,516$90,346+3.2%
Median home value$341,400$376,200+10.2%

How Magna Compares

Economy & Housing

Household Income Distribution

Under $25K 6.4%
$25K-$50K 14.4%
$50K-$100K 35.5%
$100K+ 43.7%
Detailed income brackets
Under $10K
1.8%
$10K-$15K
1.7%
$15K-$20K
1.7%
$20K-$25K
1.1%
$25K-$30K
4.1%
$30K-$35K
1.3%
$35K-$40K
3.9%
$40K-$45K
1.7%
$45K-$50K
3.4%
$50K-$60K
6.9%
$60K-$75K
11.2%
$75K-$100K
17.4%
$100K-$125K
15.2%
$125K-$150K
12.4%
$150K-$200K
10.2%
$200K+
5.8%

Employment

4.5% Unemployment Rate State: 3.6%|National: 5.2%
69.9% Labor Force Participation

Housing Overview

Owner 78.9%
Renter 21.1%
Affordability Index Moderate
4.2x home value to income ratio
Median gross rent $1,625/mo 21.6% of median household income annually

People & Demographics

Diversity Index

59out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 41 | National average: 61

Education

Magna Rankings in Utah

#37 Population of 326
#137 Median Income of 295
#279 Education of 326
#184 Home Value of 306

Other Cities in Salt Lake County

CityPopulationMedian IncomePovertyHome Value
Salt Lake City 208,007 $75,090 13.6% $539,500
West Valley City 138,437 $92,209 9.9% $419,100
West Jordan 116,692 $108,153 6.1% $492,500
Sandy 94,291 $112,176 5.5% $614,100
South Jordan 82,686 $134,047 3.7% $650,500
Millcreek 63,648 $98,045 7.8% $627,200
Herriman 59,346 $122,650 4.9% $590,700
Taylorsville 58,678 $86,413 8.9% $433,800
Draper 50,278 $128,910 6.2% $784,800
Murray 50,188 $90,746 6.0% $507,500

Cities Similar to Magna

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Washington32,348$91,853$570,40035.8%5.5%
Holladay31,099$117,043$763,40059.3%4.1%
Springville35,849$89,816$454,40039.2%7.3%
Clearfield33,523$75,495$373,90023.2%12.7%
Cottonwood Heights32,828$119,422$694,10053.8%7.6%

Population Overview

Magna is a mid-sized community located in Utah, within Salt Lake County. The total population is 30,031. It ranks as the 37th most populous out of 326 Census-designated places in Utah.

Age Demographics

The median age in Magna is 33.4 years. This is 4% higher than the state median of 32.0 years. With 28.7% of the population under 18, Magna has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Magna is $90,346. This is 5% lower than the state median of $95,166. It is also 12% higher than the national median of $80,734. The poverty rate stands at 10.8%. This is 27% higher than the state poverty rate of 8.5%. The unemployment rate is 4.5%. This is 27% higher than the state rate of 3.6%. The median home value is $376,200. Housing costs are 23% lower than the state median of $489,400. The home-value-to-income ratio is 4.2x. 78.9% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Magna is White (non-Hispanic), making up 50.4% of the population. Hispanic or Latino residents account for 39.7%. The Hispanic or Latino population is significantly higher than the state average (39.7% vs 15.9%).

Education

13.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 66% lower than the state rate of 37.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.1%.

Data Sources & Methodology

All demographic data for Magna, Utah 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 Utah state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 326 Census-designated places in Utah. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Magna, Utah?

Magna, Utah has a population of 30,031 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Magna, UT?

The median household income in Magna is $90,346, which is 12% higher than the national median of $80,734.

What is the poverty rate in Magna, UT?

The poverty rate in Magna is 10.8%. This means approximately 3,212 residents live below the federal poverty line.

What is the racial makeup of Magna, Utah?

Magna's population is 50.4% White, 1.1% Black, 39.7% Hispanic/Latino, and 1.6% Asian.

What is the median home value in Magna, UT?

The median home value in Magna is $376,200. The home-value-to-income ratio is 4.2x.

How educated is Magna, Utah?

13.0% of adults (25+) in Magna hold a bachelor's degree or higher, and 3.6% hold a graduate or professional degree.