Magnetic Springs, OH
Population 326 · Ohio
About Magnetic Springs, OH
Magnetic Springs is a small community located in Ohio with a population of 326 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,500 per year, which is 14% below the national median of $75,149. The median age of 36.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Magnetic Springs features a median home value of $121,300, which is 50% below the national median of $244,900. This makes Magnetic Springs one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $970, 17% below the national average of $1,163/month. Of the 129 total housing units, 61% are owner-occupied (76 units) and 39% are renter-occupied (48 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Magnetic Springs shows an unemployment rate of 3.9%, which is near the national rate of 3.7%. The poverty rate stands at 16.5%, above the national average of 12.4%. Workers in Magnetic Springs have an average one-way commute time of 26.7 minutes.
Education & Demographics
13.4% of Magnetic Springs residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 2.5% White, 3.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Magnetic Springs, OH
Compared to national averages, Magnetic Springs has a median household income of $64,500 (14% below the national median of $75,149). Home values average $121,300, which is 50% below the national median. Monthly rent at $970 is 17% below the US average of $1,163. Within Ohio, Magnetic Springs's income is 10% below the state average of $71,814, and home values are 30% below the state median of $174,449.
Why Live in Magnetic Springs, OH?
Magnetic Springs offers affordable housing with a median home value of $121,300, below the US average of $244,900, and rent that’s lower than the national average at $970/month.
Potential considerations include median household income ($64,500) that falls below the national average. However, Magnetic Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Magnetic Springs has a population of 326 with a median age of 36.1 years. Compare Magnetic Springs with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Magnetic Springs
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Murray City | 326 | $38,409 | $83,700 | Compare |
| Adelphi | 327 | $36,563 | $123,800 | Compare |
| College Corner | 327 | $51,094 | $116,400 | Compare |
| Potsdam | 325 | $60,625 | $116,700 | Compare |
| Benton Ridge | 328 | $75,938 | $123,800 | Compare |
| Bailey Lakes | 330 | $68,750 | $131,300 | Compare |
| Waterford | 322 | $48,594 | $134,400 | Compare |
| Adamsville | 331 | $123,971 | $56,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Magnetic Springs With Other Cities
Frequently Asked Questions about Magnetic Springs
What is the population of Magnetic Springs, OH?
The population of Magnetic Springs, OH is 326 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Ohio.
What is the median household income in Magnetic Springs?
The median household income in Magnetic Springs, OH is $64,500 per year, which is 14% below the national median of $75,149.
What is the median home value in Magnetic Springs?
The median home value in Magnetic Springs, OH is $121,300, which is 50% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Magnetic Springs?
The median monthly rent in Magnetic Springs, OH is $970, which is 17% below the national average of $1,163/month.
What is the unemployment rate in Magnetic Springs?
The unemployment rate in Magnetic Springs, OH is 3.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Magnetic Springs, OH a good place to live?
Magnetic Springs offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 326 and a median age of 36.1, the city appeals to a broad range of residents.
How educated is Magnetic Springs, OH?
13.4% of residents in Magnetic Springs aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Magnetic Springs?
Key cost-of-living indicators for Magnetic Springs, OH: median home value is $121,300 (50% below national), median rent is $970/month, and median household income is $64,500. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Magnetic Springs?
The poverty rate in Magnetic Springs, OH is 16.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Magnetic Springs, OH?
Magnetic Springs's population is 2.5% White, 3.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.