Magna metro township, Utah, UT
Population 29,488 · Utah
About Magna metro township, Utah, UT
Magna metro township, Utah is a mid-sized city located in Utah with a population of 29,488 residents according to the latest US Census Bureau American Community Survey data. The median household income is $87,516 per year, which is 16% above the national median of $75,149. The median age of 32.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Magna metro township, Utah features a median home value of $341,400, which is 39% above the national median of $244,900. This positions Magna metro township, Utah in a moderately priced market relative to the rest of the country. Median monthly rent is $1,623, 40% above the national average of $1,163/month. Of the 9,057 total housing units, 80% are owner-occupied (7,079 units) and 20% are renter-occupied (1,799 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Magna metro township, Utah shows an unemployment rate of 5.0%, which is near the national rate of 3.7%. The poverty rate stands at 8.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Magna metro township, Utah have an average one-way commute time of 23.9 minutes.
Education & Demographics
14.1% of Magna metro township, Utah 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 27.8% White, 2.6% Hispanic or Latino, 0.3% Black or African American, and 7.2% Asian residents, with 15.8% of the population being foreign-born.
How Magna metro township, Utah Ranks in Utah
Cost of Living in Magna metro township, Utah, UT
Compared to national averages, Magna metro township, Utah has a median household income of $87,516 (16% above the national median of $75,149). Home values average $341,400, which is 39% above the national median. Monthly rent at $1,623 is 40% above the US average of $1,163. Within Utah, Magna metro township, Utah's income is 1% below the state average of $88,715, and home values are 20% below the state median of $426,386.
Why Live in Magna metro township, Utah, UT?
Magna metro township, Utah offers a strong local economy with a median household income of $87,516, well above the national average, and a low poverty rate of 8.5%, better than the national average, and short commute times averaging just 23.9 minutes.
Magna metro township, Utah has a population of 29,488 with a median age of 32.5 years. Compare Magna metro township, Utah with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Magna metro township, Utah
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Washington | 30,686 | $94,015 | $511,100 | Compare |
| Holladay | 31,236 | $112,369 | $700,100 | Compare |
| South Salt Lake | 26,277 | $68,035 | $390,400 | Compare |
| Kaysville | 32,861 | $128,996 | $583,700 | Compare |
| Clearfield | 32,895 | $75,429 | $342,000 | Compare |
| Cottonwood Heights | 32,984 | $116,583 | $641,900 | Compare |
| Syracuse | 34,009 | $132,459 | $531,600 | Compare |
| Farmington | 24,934 | $120,432 | $618,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Utah
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Magna metro township, Utah With Other Cities
Frequently Asked Questions about Magna metro township, Utah
What is the population of Magna metro township, Utah, UT?
The population of Magna metro township, Utah, UT is 29,488 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Utah.
What is the median household income in Magna metro township, Utah?
The median household income in Magna metro township, Utah, UT is $87,516 per year, which is 16% above the national median of $75,149.
What is the median home value in Magna metro township, Utah?
The median home value in Magna metro township, Utah, UT is $341,400, which is 39% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Magna metro township, Utah?
The median monthly rent in Magna metro township, Utah, UT is $1,623, which is 40% above the national average of $1,163/month.
What is the unemployment rate in Magna metro township, Utah?
The unemployment rate in Magna metro township, Utah, UT is 5.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Magna metro township, Utah, UT a good place to live?
Magna metro township, Utah offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 29,488 and a median age of 32.5, the city appeals to young professionals and families.
How educated is Magna metro township, Utah, UT?
14.1% of residents in Magna metro township, Utah 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 Magna metro township, Utah?
Key cost-of-living indicators for Magna metro township, Utah, UT: median home value is $341,400 (39% above national), median rent is $1,623/month, and median household income is $87,516. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Magna metro township, Utah?
The poverty rate in Magna metro township, Utah, UT is 8.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Magna metro township, Utah, UT?
Magna metro township, Utah's population is 27.8% White, 2.6% Hispanic or Latino, 0.3% Black or African American, 7.2% Asian, and 1.6% two or more races. 15.8% of residents are foreign-born.