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Mineral Wells, TX Housing

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As of 2010-2014, median price of a house in Mineral Wells is $70,800, which is much lower than the state average of $131,400 and is much lower than the national average of $175,700. The Mineral Wells median house value has grown by 69.78% since 2000. The growth rate for the price of a house in Mineral Wells is higher than the state average rate of 59.27% and is higher than the national average rate of 46.91%. The median year that a house in Mineral Wells was built is 1963, which is older than the median year for a house built in the state which is 1984 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 3,050 Owner Occupied Houses in Mineral Wells, TX, #973

Mineral Wells, TX	70,800 USD
Texas	131,400 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #411

Mineral Wells, TX	69.78%
Texas	59.27%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Mineral Wells, TX	Texas	U.S.
Total Housing Units	6,249, see rank, 100%	10,187,189	132,741,033
Occupied Housing Units	5,234, 83.76%, see rank	88.48%	87.55%
Owner Occupied	3,050, 48.81%, see rank	55.49%	56.34%
Renter Occupied	2,184, 34.95%, see rank	32.99%	31.21%
Vacant Housing Units	1,015, 16.24%, see rank	11.52%	12.45%
For Rent	412, 6.59%, see rank	3.13%	2.34%
For Sale Only	29, 0.46%, see rank	1.05%	1.20%
Rented or Sold, Not Occupied	51, 0.82%, see rank	0.97%	0.92%
For Seasonal, Recreational, or Occasional Use	27, 0.43%, see rank	2.37%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	496, 7.94%, see rank	3.97%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #1417

Mineral Wells, TX	Texas	U.S.
1963	1984	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Mineral Wells, TX	%	Texas	U.S.
Owner-Occupied Units	3,050	100%	5,652,542	74,787,460
With a Mortgage	1,189	38.98%, see rank	60.56%	65.58%
Without a Mortgage	1,861	61.02%, see rank	39.44%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Mineral Wells, TX	1,105 USD
Texas	1,443 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Mineral Wells, TX	%	Texas	U.S.
$299 or Less	0	0.00%, see rank	0.15%	0.20%
$300 to $499	20	1.68%, see rank	1.18%	1.59%
$500 to $699	99	8.33%, see rank	4.49%	5.01%
$700 to $999	368	30.95%, see rank	14.70%	14.32%
$1,000 to $1,499	393	33.05%, see rank	33.20%	27.90%
$1,500 to $1,999	228	19.18%, see rank	22.54%	20.35%
$2,000 to $2,999	42	3.53%, see rank	16.45%	19.52%
$3,000 or More	39	3.28%, see rank	7.30%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Mineral Wells, TX	19.80% of the Total Income
Texas	22.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Mineral Wells, TX	%	Texas	U.S.
10% or Less	102	8.58%, see rank	6.26%	5.86%
10% to 20%	504	42.39%, see rank	36.09%	31.95%
20% to 30%	270	22.71%, see rank	27.65%	27.64%
30% to 40%	147	12.36%, see rank	12.28%	13.74%
40% or More	159	13.37%, see rank	17.16%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Mineral Wells, TX	362 USD
Texas	459 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Mineral Wells, TX	%	Texas	U.S.
$199 or Less	175	9.40%, see rank	7.97%	7.76%
$200 to $299	424	22.78%, see rank	14.81%	14.70%
$300 to $499	787	42.29%, see rank	33.97%	34.63%
$500 to $699	305	16.39%, see rank	22.08%	21.16%
$700 or More	170	9.13%, see rank	21.17%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Mineral Wells, TX	13.10% of the Total Income
Texas	11.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Mineral Wells, TX	%	Texas	U.S.
10% or Less	649	34.87%, see rank	41.43%	40.19%
10% to 20%	667	35.84%, see rank	32.37%	31.47%
20% to 30%	252	13.54%, see rank	11.78%	12.24%
30% to 40%	103	5.53%, see rank	5.09%	5.64%
40% or More	150	8.06%, see rank	8.03%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Mineral Wells, TX	Texas	U.S.
Total Housing Units	6,249, 100%	10,187,189	132,741,033
1-unit, Detached	4,330, 69.29%, see rank	65.34%	61.65%
1-unit, Attached	266, 4.26%, see rank	2.68%	5.82%
2 Units	320, 5.12%, see rank	1.94%	3.75%
3 or 4 Units	304, 4.86%, see rank	3.20%	4.43%
5 to 9 Units	138, 2.21%, see rank	4.85%	4.78%
10 or More Units	350, 5.60%, see rank	14.35%	13.08%
Mobile Home, Boat, RV, Van, etc.	541, 8.66%, see rank	7.63%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Mineral Wells, TX	Texas	U.S.
Total Housing Units	6,249, 100%	10,187,189	132,741,033
1 Room	218, 3.49%, see rank	1.69%	1.95%
2 Rooms	163, 2.61%, see rank	2.86%	2.48%
3 Rooms	477, 7.63%, see rank	10.61%	9.13%
4 Rooms	1,352, 21.64%, see rank	16.68%	16.60%
5 Rooms	1,677, 26.84%, see rank	21.74%	20.41%
6 Rooms	1,243, 19.89%, see rank	18.39%	18.06%
7 Rooms	637, 10.19%, see rank	11.53%	12.27%
8 Rooms	307, 4.91%, see rank	7.50%	8.48%
9 Rooms or More	175, 2.80%, see rank	8.98%	10.60%
Median Rooms	5.00, see rank	5.30	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Mineral Wells, TX	Texas	U.S.
Total Housing Units	6,249, 100%	10,187,189	132,741,033
No Bedroom	234, 3.74%, see rank	1.85%	2.17%
1 Bedroom	481, 7.70%, see rank	12.69%	11.16%
2 Bedrooms	1,999, 31.99%, see rank	23.33%	26.69%
3 Bedrooms	2,968, 47.50%, see rank	41.71%	39.70%
4 Bedrooms	478, 7.65%, see rank	17.12%	16.05%
5 or More Bedrooms	89, 1.42%, see rank	3.30%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Mineral Wells, TX	Texas	U.S.
Total Housing Units	5,234, 100%	9,013,582	116,211,092
Utility Gas	2,892, 55.25%, see rank	37.22%	48.85%
Bottled, Tank, or LP Gas	53, 1.01%, see rank	3.42%	4.86%
Electricity	2,245, 42.89%, see rank	58.19%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.12%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	17, 0.32%, see rank	0.43%	2.12%
Solar Energy	0, 0.00%, see rank	0.01%	0.05%
Other Fuel	5, 0.10%, see rank	0.16%	0.47%
No Fuel Used	22, 0.42%, see rank	0.44%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Mineral Wells, TX	Texas	U.S.
Occupied Units Paying Rent	1,903, 100%	3,174,412	39,201,928
$199 or Less	23, 1.21%, see rank	1.28%	1.50%
$200 to $299	33, 1.73%, see rank	2.20%	3.18%
$300 to $499	232, 12.19%, see rank	6.35%	7.37%
$500 to $699	663, 34.84%, see rank	19.10%	16.01%
$700 to $999	723, 37.99%, see rank	35.25%	29.17%
$1,000 to $1,499	200, 10.51%, see rank	26.13%	26.88%
$1,500 to $1,999	29, 1.52%, see rank	6.97%	9.79%
$2,000 or More	0, 0.00%, see rank	2.73%	6.10%
Median	$700, see rank	$870	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Mineral Wells, TX	Texas	U.S.
Occupied Housing Units	5,234, 100%	9,013,582	116,211,092
No Vehicles Available	501, 9.57%, see rank	5.88%	9.12%
1 Vehicles Available	2,169, 41.44%, see rank	34.31%	33.80%
2 Vehicles Available	1,894, 36.19%, see rank	40.44%	37.48%
3 or More Vehicles Available	670, 12.80%, see rank	19.37%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.