Pros and Cons of Living In Magna, Utah. Is Magna, UT a Nice Place To Live or Retire?

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Magna, Utah

Moving to Magna In Utah ? Is Magna, UT a Nice Place To Live? Pros and Cons of Living in Magna, Utah. Find out the best and worst about to live, raise a family or retire in Magna.

Magna ( MAG-nə) is a city in Salt Lake County, Utah, United States. The current population of the city stands at 29,251 according to the 2020 census, a 10.4% increase over 26,505 in 2010.

DEMOGRAPHICS

Population
27454
Unemployment
5.5%
17% NAT AVG.
Poverty
10.1%
28% NAT AVG.
Cost Of Living
97
3% NAT AVG.

ECONOMICS

Median Home Cost
$177600
23% NAT AVG.
Median Income
$59334
12% NAT AVG.
Median Rent
$1084
7% NAT AVG.
Overall Score
6

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 10
Unemployed People
1 in 18
People Earning < $10,000
1 in 29
People Earning < $50,000
38.2%
People With Any Degree
1 in 5.6

ETHNICITY

Ethnicity Magna USA
White 61.1% 60.1%
African American 0.2% 12.2%
American Indian 0.2% 0.6%
Asian 1.4% 5.6%
Hawaiian 1.3% 0.2%
Multiracial 3% 2.8%
Hispanic 32.6% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Magna USA
Less than $10,000 3.4% 5.8%
$10,000 to $14,999 2.6% 4.1%
$15,000 to $24,999 7.1% 8.5%
$25,000 to $34,999 7.6% 8.6%
$35,000 to $49,999 17.5% 12.0%
$50,000 to $74,999 27.1% 17.2%
$75,000 to $99,999 16.3% 12.8%
$100,000 to $149,999 14.6% 15.6%
$150,000 to $199,999 3% 7.1%

EDUCATION

Education Magna USA
< 9th Grade 6% 5.0%
9-12th Grade 13% 7.0%
High School or GED 39% 27.0%
Other College 24% 20.0%
Associate's Degree 9% 9%
Bachelor's Degree 7% 20.0%
Master's Degree 2% 9.0%
Professional Degree 0% 2.0%
Doctorate Degree 0% 1.0%
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. 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.

Cost of living in Magna is 97, which is 3% lower than national average. In Magna, only 9% of adults have a bachelor's degree and 33% have some college but no degree. 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.
Magna Scorecard

Jobs80%

Housing80%

Affordability60%

Safety90%

Amenities90%

Diversity85%

Education40%

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