HomeArkansasHot Spring CountyMagnet Cove CDP
Magnet Cove CDP, Arkansas: commercial real estate data.
Magnet Cove CDP is a Census CDP of 889 people across 2.11 square miles of land, in Hot Spring County. 64.2 percent of occupied homes are owned.
47 sourced place values · tier FULL · 6 sections
Magnet Cove
What Magnet Cove is
- Census place typeCDP
- Land area2.11 sq mi
- Water area0 sq mi
- Population per square mile of land421 plus or minus 142
- County holding the largest share of its areaHot Spring County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Magnet Cove
How many people live in Magnet Cove
- Population889 plus or minus 299
- Median age34.0 plus or minus 13.9
- Population under 18173 plus or minus 90
- Share under 1819.5 percent plus or minus 7.8
- Population 65 and over116 plus or minus 67
- Share 65 and over13.0 percent plus or minus 6.1
- Households374 plus or minus 148
- Family households202 plus or minus 79
- Share of households that are families54.0 percent plus or minus 30.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Magnet Cove
Income and work in Magnet Cove
- Per capita income$28,824 plus or minus $11,187
- Civilian labor force526 plus or minus 243
- Employed453 plus or minus 199
- Unemployed73 plus or minus 72
- Unemployment rate13.9 percent plus or minus 12.1
- Adults 25 and over521 plus or minus 170
- Adults 25 and over with a high school diploma or higher96.5 percent
- Adults 25 and over with a bachelor degree or higher16.7 percent plus or minus 6.2
- Adults 25 and over with a graduate degree1.9 percent plus or minus 4.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Magnet Cove
Housing in Magnet Cove
- Housing units503 plus or minus 188
- Occupied units374 plus or minus 148
- Vacant units129 plus or minus 126
- Vacancy rate25.6 percent plus or minus 23.1
- Owner occupied240 plus or minus 97
- Renter occupied134 plus or minus 137
- Ownership rate64.2 percent
- Median owner-occupied home value$156,700
- Single family units236 plus or minus 87
- Share single family46.9 percent plus or minus 24.6
- Units in buildings of two or more95 plus or minus 123
- Share in buildings of two or more18.9 percent plus or minus 23.3
- Mobile homes172 plus or minus 123
- Median year structure built1975
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Magnet Cove
How Magnet Cove gets to work
- Workers 16 and over who commute400 plus or minus 165
- Commuting under 15 minutes49 plus or minus 55
- Share commuting under 15 minutes12.3 percent plus or minus 12.7
- Commuting 30 minutes or more204 plus or minus 145
- Share commuting 30 minutes or more51.0 percent plus or minus 29.6
- Drove alone88.3 percent plus or minus 53.2
- Carpooled0.0 percent
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home11.7 percent plus or minus 13.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hot Spring County, not Magnet Cove
Hot Spring County context, not Magnet Cove figures
These are Hot Spring County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Magnet Cove measurements.
- Establishments in Hot Spring County513
- Employment at those establishments, Hot Spring County5,761
- Covered employment, Hot Spring County7,969
- Average annual pay, Hot Spring County$48,229
- Average weekly wage, Hot Spring County$927
- Housing units permitted, Hot Spring County4
- Of those, single family, Hot Spring County4
- County product, 2024, Hot Spring County$1,578,799,000
- County product change over the prior year, Hot Spring County5.7 percent
- Average income of an arriving household, Hot Spring County$45,857
Every figure in this section is published for Hot Spring County as a whole and is not a measurement of Magnet Cove. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- The American Community Survey does not publish a median household income for this place, which happens where the sample is too small to support one.
- No median gross rent is published for this place.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Magnet Cove questions, answered from the record.
How many people live in Magnet Cove, Arkansas?
889, in 374 households. Magnet Cove CDP covers 2.11 square miles of land, which is 421 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Magnet Cove in?
Hot Spring County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
Are the county figures on this page Magnet Cove figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hot Spring County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Magnet Cove.
Is zoning published for Magnet Cove?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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