The Village of Magnetic Springs had a population of 294 as of July 1, 2020.
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.
|Total Population||294 (100%)|
|Population in Households||294 (100.0%)|
|Population in Families||248 (84.4%)|
|Population in Group Quarters1||0|
|Median Household Income||$53,866|
|Average Household Income||$76,883|
|% of Income for Mortgage4||17%|
|Per Capita Income||$29,718|
|Total HU (Housing Units)||140 (100%)|
|Owner Occupied HU||92 (65.7%)|
|Renter Occupied HU||31 (22.1%)|
|Vacant Housing Units||18 (12.9%)|
|Median Home Value||$213,889|
|Average Home Value||$212,637|
|Housing Affordability Index3||152|
|Average Household Size||2.41|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.7%|
|Per Capita Income||1.68%|
|Owner Occupied HU||1.06%|
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, 2020 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.
|Total Population||# 993||18th|
|Population Density||# 587||52nd|
|Median Household Income||# 686||44th|
|Housing Affordability Index||# 140||12th|
|Per Capita Income||# 466||62nd|
|Diversity Index||# 803||34th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Ohio Census Data Comparison Tool.