Everything You Should Know Before Moving to Magnetic Springs, OH
Considering a move to Magnetic Springs, OH? This small village of 289 residents offers affordable living with a median home price of $158,000 and average rents around $900. Crime rates are low, and the community enjoys a peaceful rural setting with average commutes of 29 minutes. While schools are small and the nearest hospital is in nearby Marysville, Magnetic Springs provides a quiet lifestyle with classic Ohio seasons and a welcoming, close-knit atmosphere.
Demographics - Magnetic Springs, OH
Demographics - Magnetic Springs, OH
Magnetic Springs is a close-knit village with a population of just 289 people and a high population density for its size. The community is predominantly White, with a median age of 36.8, and maintains a nearly balanced gender ratio. A small percentage of residents speak a language other than English at home, contributing to its local character.
Population:
289
Density:
1,925 per sq mi
Median Age:
36.8
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
2.4%
Ethnic Composition
White:
95.5%
Black:
0.7%
Asian:
0.0%
Others:
3.8%
Cost Of Living
What is the average cost of living in Magnetic Springs, OH?
Living in Magnetic Springs is budget-friendly, with a cost of living index well below the national average and median home values around $158,000. Residents benefit from affordable rent, modest utility costs, and relatively low state taxes, making it an attractive option for those seeking value in central Ohio.
Median House Value:
$158,000
Gross Rent:
$900
Monthly Electricity Charges:
$120
Auto Insurance:
$1,025
House Owner Cost With Mortgage:
$1,150
House Owner Cost Without Mortgage:
$400
State Taxes:
Low:
0.5%
|
High:
4.8%
Cost Of Living Index:
84.5
Grocery:
93.0
Housing:
70.5
Utilities:
97.2
Transportation:
88.1
Health Care:
94.0
Miscellaneous:
90.2
Crime
Is Magnetic Springs, OH a safe place to live?
The village enjoys very low crime rates, with only 60 violent crimes and 910 property crimes per 100,000 people, resulting in a high sense of safety and security. Residents have a low chance of encountering crime, contributing to the peaceful rural atmosphere.
Violent Crimes Per 100k:
60
Property Crimes Per 100k:
910
Crime Index:
970
Chance Of Violent Crime:
1 in 1,667
Chance Of Property Crime:
1 in 110
Weather
What is the weather like in Magnetic Springs, OH year-round?
Magnetic Springs experiences classic Ohio seasons, with cold winters, warm summers, and pleasant spring and fall temperatures. The area receives about 39 inches of rain annually and enjoys sunshine roughly 53% of the year, offering a balanced Midwestern climate.
Winter
Min:
19°F
Max:
36°F
Spring
Min:
41°F
Max:
65°F
Summer
Min:
62°F
Max:
84°F
Fall
Min:
43°F
Max:
66°F
Average Rainfall Inches:
39.1 inches
Sunny Days Percentage:
53%
Neighbors
Households in Magnetic Springs typically earn around $62,500, with a poverty rate of 10.5% and an unemployment rate of 4.1%. Most adults have at least a high school education, and the average commute time is just under 29 minutes, reflecting the village's rural but connected lifestyle.
Median Income:
$39,000
Household Income:
$62,500
Family Income:
$72,000
Per Capita Income:
$27,800
Income Male:
$41,200
Income Female:
$31,900
Poverty Rate:
10.5%
Non English Speakers:
2.4%
Rent:
$900
Unemployment Rate:
4.1%
Public Transport Usage:
0.0%
Commute Time:
28.7 minutes
Education
High School or Higher:
90.3%
Bachelors or More:
14.5%
Education
How are the schools in Magnetic Springs, OH?
Magnetic Springs is served by nearby public schools such as Fairbanks Elementary, known for small class sizes, and is within easy reach of higher education options like Ohio Wesleyan University and Marion Technical College. Although there are no private schools in the village, families benefit from accessible and diverse educational opportunities.
Public Schools
Name:
Fairbanks Elementary School
Street:
11158 State Route 38, Milford Center, OH 43045
Phone:
937-349-9000
Students:
420
Student Teacher Ratio:
16.3
Colleges
Name:
Ohio Wesleyan University
City:
Delaware
State:
OH
Distance:
19 miles
Students:
1,450
Name:
Marion Technical College
City:
Marion
State:
OH
Distance:
27 miles
Students:
2,700
Healthcare
While Magnetic Springs itself is small, residents have access to quality healthcare nearby, including Memorial Hospital in Marysville just a short drive away. Most locals have health insurance, and physician availability is in line with similar rural communities.
Major Hospitals
Name:
Memorial Hospital
Address:
500 London Ave, Marysville, OH 43040
Phone:
(937) 644-6115
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.7
Health Insurance Coverage:
91.5%
Health Care Index:
80.2
Housing Market
What is the housing market like in Magnetic Springs, OH?
The local housing market is stable, with a median home price of $158,000 and average rents near $900 for a two-bedroom. Most homes are owner-occupied, and the area has low vacancy and foreclosure rates, indicating steady demand and community stability.
Median Home Price:
$158,000
Average Rent For 2 Bedroom:
$900
Owner Occupied Rate:
68.4%
Rental Vacancy Rate:
7.1%
Home Appreciation Rate (1yr):
4.3%
New Construction Rate:
0.6%
Foreclosure Rate:
0.7%
DMV Information
Vehicle services for Magnetic Springs residents are provided by the Ohio Bureau of Motor Vehicles, located in Columbus, with comprehensive resources available online for licensing, registration, and more.
State:
Ohio
Department:
Ohio Bureau of Motor Vehicles
Address:
1970 W. Broad St, Columbus, OH 43223
Phone:
1-844-644-6268
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.