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Ohio · Census place 46830

Magnetic Springs village, OH

Quick answer

Magnetic Springs village has 326 residents, ranking #1009 of 1265 places in Ohio. Median household income is $64,500, the median home is worth $121,300 and median gross rent runs $970 a month.

Population
326Magnetic Springs village residents
Median household income
$64,500Past 12 months, inflation adjusted
Median home value
$121,300Owner-occupied units
Median gross rent
$970Rent plus utilities, monthly
Median age
36.1 yrsAll residents
Homeownership rate
61.3%Owner-occupied households

What the numbers mean in Magnetic Springs village

Housing cost measured against local earnings.

A household earning the Magnetic Springs village median would spend about 18% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.5% of residents and 61.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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