Magnet is located in northeast Nebraska. Magnet is part of Cedar County. Magnet has 0.15 square miles of land area and has no water area. As of 2010-2014, the total Magnet population is 35, which has shrunk 55.70% since 2000. The population growth rate is much lower than the state average rate of 8.44% and is much lower than the national average rate of 11.61%. Magnet median household income is $24,167 in 2010-2014 and has has shrunk by 33.33% since 2000. The income growth rate is much lower than the state average rate of 33.50% and is much lower than the national average rate of 27.36%. Magnet median house value is $22,500 in 2010-2014 and has shrunk by -89.08% since 2000. The house value growth rate is much higher than the state average rate of 47.84% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Magnet is better than the state average in quality. The Magnet area code is 402.