Mineral Wells, TX
Full City Profile · Texas · Palo Pinto County County
Mineral Wells, TX
At a Glance
How Mineral Wells Compares to the U.S. Average
Each bar shows Mineral Wells's value as a percentage of the national average (100% = U.S. avg)
Is Mineral Wells a Good Place to Live?
Economy & Jobs
Mineral Wells residents earn a median household income of $54,210 , which is 28% below the national average of $75,149. Per capita income is $25,047. The unemployment rate stands at 9.2% (156% above the U.S. rate of 3.6%). 15.3% of residents live below the poverty line. The area is home to 731 business establishments, including 72 restaurants.
Housing & Cost of Living
The median home value in Mineral Wells is $146,100 , 48% below the national median of $281,900. Zillow estimates the typical home at $206,958. Median rent is $1,004/month, with 31.3% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1967.
Safety & Crime
Mineral Wells reports 306 violent crimes per 100,000 residents , which is 19% below the national average of 380/100K. Property crime is 2,725/100K.
Education
13.3% of adults in Mineral Wells hold a bachelor's degree or higher (61% below the national average). 80.6% have completed high school. Local schools score 4.7/10 in standardized testing.
Climate & Weather
Mineral Wells has an average annual temperature of 65°F (18°C). Winters average 45°F in January while summers reach 84°F in July. Annual precipitation totals 31.8 inches.