Magna is a city in Utah state in USA with a population of 27454 residents.. The poverty rate of Magna is 10.1%, which is 28% lower than national average. The typical household in Magna earns $59334 a year, compared to the national median of $67,500. Nearly 38.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Magna, only 81% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Magna remained 5.5%, which is 17% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Magna, only 9% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Magna is 97, which is 3% lower than national average. Median home value in Magna is $177600 , which is 23% lower than national average. While median income in Magna remained $59334, which is 12% lower than national average.