Magnet Cove, AR Employment - Median Household Income, Unemployment Rate

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Key findings

The income per capita in Magnet Cove is 17% lower than the national average
The median household income in Magnet Cove is 52% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Magnet Cove is 220% higher than the national average
The poverty level in Magnet Cove is 100% lower than the national average

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am i middle class

$55,887 $83,839 $167,678

City

$28,221 $42,336 $84,672

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Magnet Cove median earnings by income bracket

Magnet Cove employment by industry

Labour Type	Male	Female
Construction industry	0.0%	0.0%
Manufacturing sector	76.5%	76.5%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	0.0%	0.0%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	23.5%	23.5%
Education, health & social services	0.0%	0.0%
Other	0.0%	0.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Haskell, AR	4,559	$72,951	31.9%
Tull, AR	489	$61,750	11.6%
Poyen, AR	361	$59,643	7.8%
Traskwood, AR	350	$57,500	3.9%
Lonsdale, AR	265	$55,789	0.8%
Magnet Cove, AR	964	$83,839	51.5%

Cities with similar population

City	Population	Household Income	National Avg.
Clermont, GA	964	$86,250	55.9%
Arnolds Park, IA	964	$65,500	18.4%
Perryville, KY	964	$51,202	7.4%
Start, LA	964	$53,214	3.8%
Glasgow, OR	964	$72,067	30.3%
Magnet Cove, AR	964	$83,839	51.5%

Source: The Magnet Cove, AR employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).

Index	Magnet Cove	Arkansas	National
Income per capita	$24,674	$23,401	$29,829
Median household income	$83,839	$42,336	$55,322
Median income owner occupied	$83,839	$53,342	$70,586
Median income renter occupied	$0	$26,724	$35,192
Median earnings male	$0	$31,526	$36,919
Median earnings female	$16,599	$22,388	$26,250
Unemployment rate	14.9%	4.0%	4.7%
Poverty level	0.0%	18.8%	15.1%