Mineral Springs, IN

Indiana · Metropolitan Area

Mineral Springs is a small town in Indiana with a population of 768. Residents earn $104,886 per year, which is 40% above the national average.

4.2 /5.0
A Great
768 Population 1,920/sq mi density
$104,886 Median Income $37,521 per capita
$221,500 Home Value
N/A Median Rent
54°F Avg Temperature
A
Overall
4.2 / 5.0
Great overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$104,886 median income, 7.0% unemployment
A+
Affordability
5.0 / 5.0
$221,500 home value
B
Education
3.2 / 5.0
27.0% bachelor's degree or higher
Median Income $104,886
40% higher than US avg
Home Value $221,500
21% lower than US avg
Bachelor's+ 27.0%
20% lower than US avg
Unemployment 7.0%
94% higher than US avg
Poverty Rate 0.0%
100% lower than US avg

How Mineral Springs Compares to the U.S. Average (100% = U.S. avg)

People

Population768
Median Age47.5 yrs
Density1,920/mi²
Male / Female50% / 50%
Largest GroupWhite 91%

Economy

A
Median Income$104,886
Per Capita$37,521
Unemployment7.0%
Poverty0.0%
County GDP$9,284M
Commute17 min

Housing

A+
Home Value$221,500
RentN/A
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

ObesityN/A
UninsuredN/A

Climate

Avg Temp54°F
AQI41 (Good)
Rain47.3 in/yr
Elevation609 ft

Education

B
Bachelor's+27.0%
High School+96.2%
School Score6.01

Community

2024 VoteR 63% / D 35%
Commute17 min
Libraries3

Is Mineral Springs a Good Place to Live?

Based on current data, Mineral Springs receives an overall livability score of 4.2 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, affordable housing, a low poverty rate. Areas to be aware of include above-average unemployment. Mineral Springs stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Mineral Springs is $104,886, which is significantly higher than the national average — 40% above $75,149. This places Mineral Springs among higher-income communities. The unemployment rate of 7.0% is somewhat elevated compared to the national rate of 3.6%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 17 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Mineral Springs is $221,500, 21% below the national median — offering relatively affordable homeownership. At just 2.1x median income, home prices are very affordable relative to local earnings.

Education

27.0% of residents hold a bachelor's degree, below the national average of 33.7%. 96.2% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Mineral Springs experiences four distinct seasons with an average temperature of 54°F. Winters average 30°F in January while summers reach 76°F in July. Annual precipitation totals 47.3 inches, including 16.3 inches of snow. Air quality is rated Good with a median AQI of 41.

Mineral Springs has a population of 768 with a density of 1,920 people per square mile. The median age is 47.5 years, 22% older than the national median of 38.9. The city is predominantly White (90.5%), with 2.5% Hispanic.

Population

768
Total Population
1,920
People / sq mi
47.5yrs
Median Age
22% above US avg
0.4mi²
Land Area

Gender Distribution

Male 50%
Female 50%

Race & Ethnicity

Mineral Springs vs U.S. Average

Language Spoken at Home

English Only99.1%
26% above US avg
Spanish0.9%
93% below US avg

Social Characteristics

Mineral Springs vs U.S. Average

The median household income in Mineral Springs is $104,886, which is 40% above the national average of $75,149. The unemployment rate is 7.0% (above the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 17 minutes.

Income: Mineral Springs vs U.S.

Commute Mode

Income

Median HH Income$104,886
40% above US avg
Per Capita Income$37,521
Avg Weekly Wage$1,411
IRS Avg AGI$81,767

Employment & Poverty

Unemployment7.0%
94% above US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)2,119
County GDP$9,284M

Business (County)

Restaurants168
Healthcare242
Retail293
Manufacturing136

Tax & Cost of Living

Property Tax (IRS)$4,448
27% above US avg
Effective Tax Rate2.01%

Commute & Transportation

Commute Time16.8 min
Work from Home7.7%

Walkability

The median home value in Mineral Springs is $221,500, 21% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$221,500
21% below US avg

Real Estate Market (Redfin)

Rental Costs

HUD Fair Market Rent

Studio$816
1 Bedroom$882
2 Bedrooms$1,096
3 Bedrooms$1,391
4 Bedrooms$1,590

Ownership & Property

Owner-Occupied97.7%

Property Tax

Avg Tax (IRS)$4,448
27% above US avg
Effective Rate2.01%

Health Metrics: Mineral Springs vs U.S. Average (%)

Chronic Conditions

Behaviors & Mental Health

Healthcare Access

Insurance Rate91.9%
Premature Death9,281/100K

Food & Exercise

Food Environment7.4/10
Exercise Access70.6%
Healthcare Facilities242

Crime Rates: Mineral Springs vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)8

Safety Score

Mineral Springs has an average annual temperature of 54°F (12°C). Winters average 30°F in January while summers reach 76°F in July. Annual precipitation is 47.3 inches. Air quality is rated Good with a median AQI of 41.

Temperature

30°F Jan (-1°C) 76°F Jul (24°C)
Annual Average54.1°F
0% below US avg
January Average30°F (-1°C)
July Average76°F (24°C)

Precipitation & Snow

Annual Rainfall47.3 inches
25% above US avg
Snowfall16.3 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation609 ft (186 m)
Area0.4 sq mi (1.0 km²)
Population Density1,920/sq mi
Coordinates39.1322°N, 85.8609°W
County FIPS18005
It is classified as Metro — under 250K. 27.0% of residents hold a bachelor's degree or higher (20% below US avg). In the 2024 election, the county voted Republican by a 27.3-point margin.

2024 Presidential Election (County)

R 62.7%
D 35.3%

Winner: Republican by 27.3 points

Education

Bachelor's Degree+27.0%
20% below US avg
High School+96.2%
School Test Score6.01
B Education Grade (3.2/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density1,920/sq mi
Total Area0.4 sq mi

Infrastructure & Services

Public Libraries3
Healthcare Facilities242
Restaurants168
Retail Stores293

Safety & Disasters

Fatal Crashes (County/yr)8

Commute & Transportation

Avg Commute16.8 min
Work from Home7.7%

Nearby Cities

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