Magna, a city located in the state of Utah (UT), is home to a population of approximately 29,275 people. Magna boasts a median age of 32.9, with around 13.2% of its residents aged 60 or above. 4% of the population identifies as US Veterans. 11% of Magna residents are disabled. The city has an average household income of $79,934, while the unemployment rate stands at 5.3%, and around 7.1% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Magna is $299,506, with a monthly rent averaging $1,463.