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Best Magnetic Drill Press of 2020 – Reviews & Buyer’s Guide

A powerful mag drilling pressFinding the best magnetic drill press that you can effectively use for metal drilling, your welding shop, or steel fabrication can be a challenge, especially when you are being bombarded with false advertising, unverified reviews, and inaccurate specifications.

We took it upon ourselves to compile extensive magnetic drill press reviews to give you a solid starting point and to streamline your search. In this buyer’s guide, we will take a step away from the muck and provide you with clear and unbiased recommendations while taking our experiences, technical aspects and other buyers’ reviews into account. Afterward, we will round things off with an in-depth mag drill buying guide to help you with your search.

Comparison of our Favorite Picks of 2020

Image Product Details
Top Pick
  • Quick chuck change
  • High-quality drill press
  • Protected from overload
  • The Runner-up
    Second place
    Hougen HMD904 Hougen HMD904
  • Durable mag drill
  • Fitted with a pilot light
  • Features a two-stage magnet
  • Best for the Money
    Third place
    Evolution 849713054050 Evolution 849713054050
  • Great value for money
  • Integrated cooling system
  • Feeding handles can be placed on either side
  • Milwaukee 4270-21 Milwaukee 4270-21
  • Lightweight
  • Comes in a sturdy case
  • Powerful motor and magnet
  • RIKON 30-120 RIKON 30-120
  • 1/2 HP motor
  • Versatile drilling tool
  • Can be used for steel drilling
  • 5 Best Magnetic Drill Presses – Our Reviews

    1. DEWALT DWE1622K Magnetic Drill Press – Top Pick


    This magnetic drill is as close to perfection as they come with its 10 Amp motor and 2-speed setting. The DWE1622K is a unique blend of sophistication, power, and engineering. It is easy to use and offers you a ton of features to make metal drilling a breeze. These features include a quick-change chuck system that makes it possible for you to change between 3/4″ Weldon Shank and 1/2″ keyed chuck without using tools. The feeding handles can be placed on either side of the drill – also without using tools.

    With this drill comes a magnetic coolant bottle that you can place on either side of the drill press or even on the work surface. This allows for the required flow of coolant to ensure that your drill doesn’t overheat. This drill also comes with overload protection electronics that will switch off your drill to protect your motor. You will then have to wait until your drill cooled down with natural airflow before you will be able to continue.

    What makes this drill great is not only its features but also overall quality and durability. The motor will last for years, especially since it has protected from overload. If you are looking for the ultimate magnetic drill press, don’t miss out on this one.

    • High-quality and durable drill press
    • Protected from overload
    • Feed handles can be placed on either side
    • Quick chuck change
    • Powerful motor with 2-speed settings
    • Chuck change system can be improved

    2. Hougen HMD904 Magnetic Drill Press – The Runner-up

    Hougen HMD904

    This drill, though not quite as advanced as our top pick, will be an excellent addition to your arsenal. It is a lightweight mag drill that comes with a swivel base magnet, making it easy to use during horizontal or overhead jobs. The HMD904S has a powerful 7.2A motor and you can drill holes with a diameter of up to 1.5” and up to 2” deep.

    This drill is incredibly versatile and features a two-stage magnet that increases power by up to 30%.  The drill is also fitted with a pilot light, making it possible to do accurate work, even in conditions with inadequate lighting. For added convenience and accuracy, the drill is fitted with a slot drive arbor, making it quicker to change out accessories. This drill is designed for industrial and heavy-duty applications. You will be able to drill thousands of holes with no problems whatsoever. As a versatile tool, this drill is perfect for the casual handyman as well as the professional steelworker.

    • Durable and high-quality mag drill
    • Fitted with a pilot light
    • Features a two-stage magnet
    • Easy for horizontal and overhead use
    • No multiple RPM settings

    3. Evolution 849713054050 Mag Drill – Best for the Money

    Evolution 849713054050

    If value for money is a priority to you, take a look at this drill from Evolution. It is a solid and durable drill that will get the job done for the professional steelworker as well as the weekend handyman. This drill has a 6-inch stroke length and comes with a 0.5-inch chuck and key. The drilling range has a diameter from 7/16″ to 1-1/8″ and cutting depth of 2 inches unless you change out the chuck to something else.

    You can place the feeding handle on either side of the drill, depending on what is comfortable to you. The heavy-duty magnet makes it easy to do overhead or horizontal drilling. An integrated cooling system will keep your magnetic drill press from overheating. There are some drawbacks to this drill. It can only turn at the speed of 570 RPM. This works great for when you are drilling steel or aluminum, but this speed is too high for drilling titanium or stainless steel. This drill may also be more primitive than conventional high-end magnetic drill presses.

    Having said that, this drill will last forever, and for the price, this is an excellent buy.

    • Great value for money
    • Feeding handles can be placed on either side
    • Integrated cooling system
    • Durable and sturdy
    • Only turns at one speed

    4. Milwaukee 4270-21 Mag Drill

    Milwaukee 4270-21

    This drill has a powerful 9 Amp motor, high-end 2-coil magnet, and compatible with ¾” diameter shank annular cutters. To start off, this drill is very proud of how easy it is to handle. It weighs a mere 26.5 pounds and it has a conveniently located handle, making uncomfortable drilling positions more bearable. It has a straightforward 2-button control panel that is also conveniently located and easy to use.

    Other perks that you get with this drill is a hard case and, depending on where you buy, you may also receive a kit containing German-made annular cutters. Like some of the other drills in this list, you can also fit the feeding handles on either side of the drill, depending on what is ergonomic and comfortable for you. This drill also has an easy to turn off feature to add an element of safety to your drilling. This button is big and easily accessible. This is a solid drill that is perfect for all handymen.

    • Lightweight and easy to use
    • High-quality and durable drill
    • Comes in a sturdy case
    • Powerful motor and magnet
    • The drill may be somewhat expensive
    • Not the best value for money

    5. RIKON 30-120 Magnetic Drill Press

    RIKON 30-120

    Although this is a regular drill press and not a magnetic drill press, you can also use this one for steel drilling. The motor has a rating of ½ HP and to change the drill speed for metal drilling, you have to change the belt and pulley combination setting to the slowest speed.

    As a drill press, the RIKON 30-120 does not have the best performance. The feeding wheel is not well made and is awkwardly situated. Your chances of getting the back of your fingers caught between the feeding wheel and the belt tensioner are quite high and it is very painful. The packaging of this drill press is poor as well.

    If you are looking for a tool that you can use for drilling steel exclusively, we recommend that you stick to magnetic drill presses. Regular drill presses can work great for wood, plastics, and steel, but they don’t have magnets and is impossible to use for vertical and overhead applications.

    • Versatile drilling tool
    • Not for overhead or vertical use
    • Feeding handle is poorly situated
    • Overall poor quality

    Buying Guide


    Before starting your search for a magnetic drill press that you can buy, it is important to determine what you need. If you would use your magnetic drill every day to drill holes through thick and dense steel plates, it is important to only consider magnetic drills with powerful motors of 10 Amps or higher. Naturally, these high-powered drills would also be bigger so if you know that you regularly work in confined spaces, it is important to take the physical size of your drill into account as well.

    The quality of the motor is important as well. Some drills have built-in protection features to ensure that your drill can withstand industrial applications and heavy-duty jobs. These protection features include integrated cooling systems and overload electronic protection. If you know that you are going to be hard on a drill, make sure that you limit your search to only these types of drills.


    Mag drill presses differ in terms of magnet strength and operation. If the use of your mag drill press will include overhead and vertical applications, the strength of your magnet is particularly important. This is also true if you require precision in shaky or unstable environments. A magnet can be powerful enough to ensure that your magnetic drill press stays on point, even during severe shifting or vibrations.

    Magnets work in different ways and some only start working after the drill started running. Acquaint yourself with the magnetic mechanism of your drill to ensure that it will meet your specific needs.


    Selecting a drill that is ergonomically designed, lightweight, and comfortable to hold in your hand can enhance your drilling experience and improve the quality of your work. Ask an assistant at your local hardware store if you can hold the magnetic drill presses. Take note of their weights to determine what you comfortable with. You can then limit your search to magnetic drill presses that only have a certain weight or comfort features.


    It is important to ensure that you get a drill with a high safety rating or easy to turn off buttons. Before buying a magnetic drill press read through the specifications and see what safety features are included or fitted to the product.


    We have reached the end of our buying guide. To conclude, if you want to buy the best magnetic drill press there is, we recommend the DEWALT DWE1622K. This product excels in all possible regards and is definitely the mag drill that you should consider.

    If you want the best value for money, we suggest that you get your hands on the Evolution 849713054050. This is an all-around solid magnetic drill press that will provide you with many years of quality hole-drilling.

    There are thousands of models out there. To cut costs, many manufacturers try to forgo quality and you may fall into the trap of buying a substandard magnetic drill. Hopefully, we’ve helped you avoid this trap and streamlined your search sufficiently.

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