Median Income
$108,246
household / year
Median Home Value
$197,500
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
90
national avg = 100

Is Mineral Springs, IN a Good Place to Live?

Mineral Springs is a small town of 806 in Indiana, with a median household income of $108,246 and a 10.3% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.

Strengths: Mineral Springs stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Mineral Springs is right for you depends on your priorities — the full breakdown is below.

All Mineral Springs city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 90.3

Mineral Springs's overall cost of living index is 90.3, where 100 represents the US national average. Living in Mineral Springs costs roughly 10% less than the average American city.

Metric Mineral Springs, IN National Avg
Median Home Value $197,500 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 97.4% 65.9%
Median Household Income $108,246 $74,755

Crime & Safety

Very Safe

Mineral Springs's violent crime rate is 8.4 per 100,000 residents — 98% lower than the national average of ~380 per 100,000.

Violent Crime
8.4 /100k
Property Crime
87.1 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Mineral Springs, IN National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 25.6% 35.4%
High School Diploma or Higher 96.2% 91.1%

Weather & Climate

Mineral Springs sees average highs of 38.6°F in January and 86.1°F in July, with 47.3 inches of annual precipitation and 16.3 inches of snow per year.

MetricMineral Springs, IN
Average High — January38.6°F
Average High — July86.1°F
Annual Precipitation47.3"
Annual Snowfall16.3"

Demographics

MetricMineral Springs, INNational Avg
Population806
Median Age44.038.9
Unemployment Rate10.3%3.7%
Avg Commute Time16.7 min26 min
White (non-Hispanic)88.8%59.3%
Black or African American0.0%13.6%
Hispanic or Latino4.7%18.9%
Asian0.0%6.3%
Under 1822.0%22.2%
65 and over13.0%16.8%

Nearby Cities

Mineral Springs vs Other Cities

Frequently Asked Questions

Mineral Springs's cost of living index is 90, where 100 is the national average. That makes Mineral Springs roughly 10% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $197,500 and median rent is N/A/month.
Mineral Springs's violent crime rate is 8.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 87.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Mineral Springs, IN has a population of 806, a median household income of $108,246, and an unemployment rate of 10.3%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Mineral Springs averages 38.6°F in January and 86.1°F in July. Annual rainfall is 47.3 inches with about 16.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Mineral Springs, Indiana is 806 with a median age of 44.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Mineral Springs: cost of living index 90 (100 = US average), median home $197,500, median household income $108,246, crime index 3 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Mineral Springs side by side with your current city to see the trade-offs.