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Mineral Wells, Texas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
15,244
Population
$55,929
Median Income
$161,300
Home Value
38.0
Median Age

Demographics

Mineral Wells has a population of 15,244 with a median age of 38.0. Here is the racial and ethnic breakdown of the population:

White
70.4%
Hispanic
28.5%
Black
4.5%
Asian
1.2%
Demographic Value
Total Population15,244
Median Age38.0
White70.4%
Black or African American4.5%
Asian1.2%
Hispanic or Latino28.5%
Mineral Wells, Texas — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 105.White: 67.3%Hispanic/Latino: 27.2%Black: 4.3%Other: 1.1%15,244PopulationWhiteWhite67.3%Hispanic/LatinoHispanic/Latino27.2%BlackBlack4.3%OtherOther1.1%

Income & Economy

The median household income in Mineral Wells is $55,929, which is 30.6% below the national median of $80,610. The per capita income is $26,124. The poverty rate is 22.4%.

$55,929
Median Household Income
$26,124
Per Capita Income
22.4%
Poverty Rate

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Education

In Mineral Wells, 80.6% of residents age 25+ have a high school diploma or higher, and 11.6% hold a bachelor's degree or higher (2.8% with a graduate or professional degree).

HS Diploma+
80.6%
Bachelor's+
11.6%
Graduate+
2.8%
Education Level % of Adults (25+)
High School Diploma or Higher80.6%
Bachelor's Degree or Higher11.6%
Graduate or Professional Degree2.8%

Housing

The median home value in Mineral Wells is $161,300, below the national median of $303,400. The median monthly rent is $1,077. The homeownership rate is 59.0%.

$161,300
Median Home Value
$1,077/mo
Median Rent
59.0%
Homeownership Rate
Housing Metric Value
Median Home Value$161,300
Median Monthly Rent$1,077
Homeownership Rate59.0%
Vacancy Rate10.7%

Salaries in Texas

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Frequently Asked Questions

What is the population of Mineral Wells, Texas?
The population of Mineral Wells, Texas is 15,244 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Mineral Wells, Texas?
The median household income in Mineral Wells, Texas is $55,929. This is 30.6% below the national median of $80,610.
What is the median home value in Mineral Wells, Texas?
The median home value in Mineral Wells, Texas is $161,300. The median monthly rent is $1,077.
What percentage of people in Mineral Wells have a college degree?
In Mineral Wells, Texas, 11.6% of adults age 25 and older hold a bachelor's degree or higher, and 80.6% have a high school diploma or higher.
Is Mineral Wells, Texas an affordable place to live?
The home price-to-income ratio in Mineral Wells, Texas is 2.9x (median home value $161,300 vs. median income $55,929), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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