Mineral Wells, TX
Full City Profile · Texas · Palo Pinto County County
2.8
/5.0
C+
Fair
15,130
Population
742/sq mi density
$54,210
Median Income
$25,047 per capita
$146,100
Home Value
$198,821 Zillow
$1,004
Median Rent
31.3% income on rent
65°F
Avg Temperature
330 sunny days/yr
148
Violent Crime/100K
3,073 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$54,210 median income, 5.4% unemployment
A+
Affordability
5.0 / 5.0
$146,100 home value, $1,004/mo rent
F
Safety
1.0 / 5.0
148 violent crimes/100K
C
Education
2.1 / 5.0
13.3% bachelor's degree or higher
Income Overview
Median Household Income
$54,210
28% below
US avg: $75,149
Per Capita Income
$25,047
36% below
US avg: $39,052
Unemployment Rate
5.4%
50% above
US avg: 3.6%
Poverty Rate
15.3%
23% above
US avg: 12.4%
Income Comparison: Mineral Wells vs. U.S. Average
Each bar shows Mineral Wells’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$54,210
72%
Per Capita
US: $39,052
$25,047
64%
IRS Avg AGI
US: $72,000
$71,950
100%
Avg Weekly Wage
US: $1,432
$945
66%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$945
34% below US avg ($1,432)
Mean Commute Time
28 min
0% below US avg (28 min)
Work From Home
3.7%
76% below US avg (15.2%)
Drive Alone
80.4%
10% above US avg (73.2%)
Public Transit
0.4%
93% below US avg (5.0%)
County GDP
$1,287M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
80.4%
Public Transit
0.4%
Work From Home
3.7%
Other
15.5%
Average commute time
28 minutes
US avg: 28 min
Business Landscape
Total Establishments
731
Restaurants
72
Healthcare
46
Retail
96
Manufacturing
34
Tax & Financial
IRS Avg Adjusted Gross Income
$71,950
0% below US avg ($72,000)
Avg Property Tax
$8,808
152% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $54,210 |
| Per Capita Income | $25,047 |
| IRS Avg Adjusted Gross Income | $71,950 |
| Avg Weekly Wage | $945 |
| County GDP | $1,287M |
Hardship Indicators
| Unemployment Rate | 5.4% |
| Poverty Rate | 15.3% |
| Gini Coefficient | 0.452 |
| Cost of Living Index | 97.1 |
Commute
| Mean Commute | 28 minutes |
| Drive Alone | 80.4% |
| Public Transit | 0.4% |
| Work From Home | 3.7% |
Businesses
| Total Establishments | 731 |
| Restaurants | 72 |
| Healthcare | 46 |
| Retail | 96 |
| Manufacturing | 34 |
Tax
| IRS Avg AGI | $71,950 |
| Avg Property Tax | $8,808 |
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