Below Average CostNear National AverageMINERAL WELLS ISD
Downtown Mineral Wells 2022 Wiki (1 of 1) · Renelibrary / CC BY-SA 4.0Texas - Mineral Wells - NARA - 68149604 (cropped) · Unknown authorUnknown author or not provided / Public domainHistoric Post Office in Mineral Wells, Texas · Kairos14 / CC BY-SA 4.0Mineral Wells, TX, sign Picture 2222 · Billy Hathorn at en.wikipedia / CC BY-SA 3.0
Mineral Wells is a small city of 15,049 in Texas, with a median household income of $58,529
and a 8.2% unemployment rate.
Its cost of living index is 93 (US average = 100), which is
7% below the national average.
Strengths:
Mineral Wells stands out for an affordable cost of living, below-average home prices.
Trade-offs:
Potential downsides include an elevated unemployment rate. Whether Mineral Wells is right for you depends on your priorities — the full breakdown is below.
All Mineral Wells 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: 92.6
Mineral Wells's overall cost of living index is 92.6,
where 100 represents the US national average.
Living in Mineral Wells costs roughly 7% less than the average American city.
Metric
Mineral Wells, TX
National Avg
Median Home Value
$131,100
$244,900
Median Monthly Rent
$961
$1,163
Homeownership Rate
58.6%
65.9%
Median Household Income
$58,529
$74,755
Crime & Safety
Near National Average
Mineral Wells's violent crime rate is 306.3 per 100,000 residents
— 19% lower than the national average of ~380 per 100,000.
Violent Crime
306.3 /100k
Property Crime
2712.4 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Mineral Wells is served primarily by MINERAL WELLS ISD.
The student-to-teacher ratio is 15.3:1
(better than the national average of ~16:1).
Metric
Mineral Wells, TX
National Avg
School District
MINERAL WELLS ISD
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
1
—
Student/Teacher Ratio
15.3:1
16:1
Bachelor's Degree or Higher
12.7%
35.4%
High School Diploma or Higher
82.8%
91.1%
Weather & Climate
Mineral Wells sees average highs of 58.0°F in January
and 96.1°F in July,
with 31.8 inches of annual precipitation
and 0.7 inches of snow per year.
Mineral Wells's cost of living index is 93, where 100 is the national average.
That makes Mineral Wells roughly 7% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $131,100 and median rent is $961/month.
Mineral Wells's violent crime rate is 306.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2712.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Mineral Wells are operated by MINERAL WELLS ISD.
The district has several elementary, several middle, and 1 high schools.
The student-to-teacher ratio is 15.3:1. 12.7% of adults 25+ hold a bachelor's degree or higher.
Mineral Wells, TX has a population of 15,049, a median household income of $58,529, and an unemployment rate of 8.2%.
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 Wells averages 58.0°F in January and 96.1°F in July. Annual rainfall is 31.8 inches
with about 0.7 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Mineral Wells, TX is covered by 1 ZIP code: 76067.
The population of Mineral Wells, Texas is 15,049 with a median age of 34.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Mineral Wells: cost of living index 93 (100 = US average), median home $131,100, median household income $58,529, crime index 100 (100 = US average, lower is safer), schools rated C. Whether these are benefits or drawbacks depends on where you're coming from — compare Mineral Wells side by side with your current city to see the trade-offs.
.jpg)
.jpg)
