The aeromagnetic survey is a common remote sensing tool for detecting iron deposits. The local wavenumber of a magnetic anomaly is used to interpret the edges or positions of the sources, and can involve first- or second-order local wavenumbers. In this paper, we derived a linear equation between the second-order local wavenumber and the source location; therefore, we propose a constraint of first and second-order local wavenumbers. Tests on synthetic data show that the source parameters, computed using a combination of equations that involved different-order local wavenumbers, are closer to the true values and show a smaller spread in estimated values. For gridded data, we proved that the different-order combination allowed us to accurately estimate the source position. When applied to the aeromagnetic data from Hebei province, China, we refined the location of most magnetic features, which we interpreted as possible iron deposits.