Magnet Cove, ARPublished Date: November 23, 2024Magnet Cove is located in Hot Spring County, Arkansas and has a population of 1,205. The poverty rate in Magnet Cove is 27.6% and is higher than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Magnet Cove is 22.3% while the Hot Spring County unemployment rate is 4.6%.
| | Population | |
|---|
| Male | | 47.1% |
| Female | | 52.9% |
| | Median Age (city/county) | |
|---|
| Magnet Cove | | 31.3 |
| Hot Spring | | 42.6 |
| | Median Household Income (city/county) | |
|---|
| Magnet Cove | | $82,411 |
| Hot Spring | | $50,260 |
| | Median Home Value (city/county) | |
|---|
| Magnet Cove | | $0 |
| Hot Spring | | $126,610 |
| | Median Rent (city/county) | |
|---|
| Magnet Cove | | $0 |
| Hot Spring | | $713 |
| | Poverty Rate (city/county) | |
|---|
| Magnet Cove | | 27.6% |
| Hot Spring | | 19.7% |
Races and Ethnicity
▩ White 100%
▩ Black or African American 0%
▩ Asian 0%
▩ Native 0%
▩ Pacific 0%
▩ Other 0%
▩ Hispanic 0%
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