Magnetic Springs, OH Profile: Facts & Data

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Magnetic Springs, Ohio - Basic Facts

The Village of Magnetic Springs had a population of 290 as of July 1, 2019.

The primary coordinate point for Magnetic Springs is located at latitude 40.3528 and longitude -83.2613 in Union County. The formal boundaries for the Village of Magnetic Springs encompass a land area of 0.23 sq. miles and a water area of 0.01 sq. miles. Union County is in the Eastern time zone (GMT -5). The elevation is 932 feet.

The Village of Magnetic Springs (GNIS ID: 2399223) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Magnetic Springs is located within Township of Leesburg, a minor civil division (MCD) of Union County.


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  1. Magnetic Springs 2019 Demographic Data
  2. Growth Rates for Magnetic Springs (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Ohio Research Tools (Easy Tools & Current Data)
  3. Ohio Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Magnetic Springs, OH Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Magnetic Springs, OH Housing Affordability Index is 129
State of Ohio Housing Affordability Index is 156
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Magnetic Springs, OH Wealth Index is 61
State of Ohio Wealth Index is 84
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Ohio address.

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POPULATION

Total Population 290
Population in Households 290
Population in Familes 245
Population in Group Qrtrs 0
Population Density 1,254
Diversity Index1 9
 

INCOME

Median Household Income $51,375
Average Household Income $70,296
Per Capita Income $27,321
Wealth Index3 61

HOUSING

Total Housing Units 139 (100%)
Owner Occupied HU 91 (65.5%)
Renter Occupied HU 29 (20.9%)
Vacant Housing Units 19 (13.7%)
Median Home Value $206,818
Housing Affordability Index2 129
 

HOUSEHOLDS

Total Households 120
Average Household Size 2.42
Family Households 89
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.86% 0.88%
Households 0.95% 0.98%
Families 1.87% 0.88%
Median Household Income   4.63%
Per Capita Income   4.24%

Magnetic Springs, OH - Peer Comparisons by Rank and Percentile

The table below compares Magnetic Springs to the other 1,215 incorporated cities, towns and CDPs in Ohio by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 1000 18th
Population Density # 588 52nd
Diversity Index # 817 32nd
Median Household Income # 750 38th
Per Capita Income # 568 53rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Ohio Census Data Comparison Tool.

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