Magnet Cove, AR
Population 818 · Arkansas
About Magnet Cove, AR
Magnet Cove is a small community in Arkansas with a population of 818 residents. The median household income is $0 per year, which is below the national average. The median age in Magnet Cove is 31.2 years.
Housing in Magnet Cove has a median home value of $154,600 and median monthly rent of $0. Of the 456 total housing units, renting is more common than owning, with 161 owner-occupied and 170 renter-occupied units.
The unemployment rate in Magnet Cove is 15.4% and the poverty rate is 46.9%. 11.1% of residents hold a bachelor's degree or higher. The average commute time is 30.9 minutes.
Cost of Living in Magnet Cove, AR
Compared to national averages, Magnet Cove has a median household income of $0 (100% below the national median of $75,149). Home values average $154,600, which is 37% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Arkansas, Magnet Cove's income is 100% below the state average of $52,241, and home values are 23% above the state median of $125,457.
Why Live in Magnet Cove, AR?
Magnet Cove offers affordable housing with a median home value of $154,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($0) that falls below the national average. However, Magnet Cove’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Magnet Cove has a population of 818 with a median age of 31.2 years. Compare Magnet Cove with other cities to see how it stacks up, or explore all cities in Arkansas.
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Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Magnet Cove
What is the population of Magnet Cove, AR?
The population of Magnet Cove, AR is 818 according to the latest Census data.
What is the median household income in Magnet Cove?
The median household income in Magnet Cove, AR is $0 per year.
What is the median home value in Magnet Cove?
The median home value in Magnet Cove, AR is $154,600.
What is the average rent in Magnet Cove?
The median monthly rent in Magnet Cove, AR is $0.
What is the unemployment rate in Magnet Cove?
The unemployment rate in Magnet Cove, AR is 15.4%.