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The total population of Magnetic Springs is estimated to be 306 with 167 males (54.58%) and 139 females (45.42%). There are 28 less females than males in Magnetic Springs.
The median household income in Magnetic Springs was $61,252 in 2021, which marked an a decrease of 5,320(7.99%) from $66,572 in 2020. This income is 82.10% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Magnetic Springs sees its highest median household income among householders in the age group of 45 to 64 years old, at $83,771. Overall, the median household income for the village of Magnetic Springs stands at $61,252.
In Magnetic Springs, the median income for all workers aged 15 years and older, regardless of work hours, was $34,028 for males and $34,024 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $36,849 for males and $43,372 for females.
In Magnetic Springs, population is primarily represented by White households, reporting a median income of $61,477.
In 2022, the population of Magnetic Springs was 280, a 3.70% increase year-by-year from 2021. Previously, in 2021, Magnetic Springs's population was 270, an increase of 3.85% compared to a population of 260 in 2020.
The median age in Magnetic Springs, OH is 40.6, as per 2021 ACS 5-Year Estimates. Of the total population, 21.99% were under the age of 15, 9.38% aged 15 to 29, 56.89% aged 30 to 64, 11.44% aged 65 to 84, and 0.29% were 85 years of age and older.
Racial distribution of Magnetic Springs population: 97.36% are White and 2.64% are multiracial.