Living in Mineral Springs, Arkansas

Cost of living, income, home prices, rent and demographics of Mineral Springs · Census data 2020–2024

Mineral Springs has 1,358 residents with a median age of 30.2. The median household income is $52,031 (14% lower than the Arkansas median), the median home value is $110,600, the median rent is $832/month.

Mineral Springs is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Mineral Springs at a glance

Population
1,358
Median age
30.2State: 38.5
Median household income
$52,031State: $60,773
Median home value
$110,600State: $188,000
Median rent
$832/moState: $947
Homeowners
68%
Bachelor's degree or higher
8.1%
Average commute
21 min

Is Mineral Springs a good place to live?

Pros: Home values 41% lower than the state median; an average commute of 21 minutes; unemployment of 3.4%.

Cons: Median household income 14% lower than the Arkansas median; a poverty rate of 16.1%.

The weather is best in April–May and September–October.

Cost of living in Mineral Springs

Housing is the biggest part of the cost of living. In Mineral Springs the median home value is $110,600, 67% lower than the U.S. median. Renters pay a median of $832 per month, which is 32% of household income. Homeowners with a mortgage pay $834 a month in housing costs.

Median home value

Mineral Springs$110,600
Arkansas$188,000
United States$332,700

Median monthly rent

Mineral Springs$832
Arkansas$947
United States$1,413

Mineral Springs median household income

The median household income in Mineral Springs is $52,031 and the income per person is $20,874. 16.1% of residents live below the poverty line (Arkansas: 16%).

Median household income

Mineral Springs$52,031
Arkansas$60,773
United States$80,734

Housing in Mineral Springs: homes for sale and rent

Housing units
541
Owner-occupied
68%
Renter-occupied
32%
Vacant
10%Includes seasonal homes
Median year built
1979
Average household size
2.79

Mineral Springs demographics

Population
1,358
Median age
30.2
Under 18
28.6%
65 and older
12.2%
Households
487
Foreign-born
8%
Veterans
5.6%Adults 18+

Race and ethnicity

White35.3%
Hispanic or Latino21.2%
Black47.9%
Asian0%

Hispanic or Latino can be of any race. Population history of Mineral Springs ›

Education in Mineral Springs

8.1% of adults 25 and older in Mineral Springs have a bachelor's degree or higher (Arkansas: 25.7%), and 2.2% have a graduate or professional degree.

Bachelor's degree or higher

Mineral Springs8.1%
Arkansas25.7%
United States35.7%

Jobs and commute in Mineral Springs

Unemployment rate
3.4%State: 4.9%
Average commute
21 minState: 23 min
Work from home
0%
Drive alone
80%
Public transit
0%
Walk to work
0%
Homes with broadband
85.6%

Mineral Springs vs nearby towns

TownPopulationMedian incomeHome valueRent
Mineral Springs1,358$52,031$110,600$832
Tollette204$44,167$76,800$670
Nashville4,063$41,142$167,600$690
Ben Lomond330$62,656$93,600—
Yarborough Landing380$43,750$100,900—
Wilton305$53,750$87,900—
Lockesburg873$57,083$119,400$757
Dierks728$22,188$100,200$479
Ashdown4,164$55,625$139,800$683

More for people moving to Mineral Springs

Mineral Springs ZIP code ›Weather and climate ›

Living in Mineral Springs: FAQ

What is the median household income in Mineral Springs, AR?

The median household income in Mineral Springs is $52,031, 14% lower than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Mineral Springs?

The median home value in Mineral Springs is $110,600, compared with $188,000 in Arkansas.

How much is rent in Mineral Springs?

The median gross rent in Mineral Springs is $832 per month, about 32% of household income.

Is Mineral Springs, AR a good place to live?

Pluses: home values 41% lower than the state median; an average commute of 21 minutes; unemployment of 3.4%. Minuses: median household income 14% lower than the Arkansas median; a poverty rate of 16.1%.

What is the median age in Mineral Springs?

The median age in Mineral Springs is 30.2 years (Arkansas: 38.5).

How long is the commute in Mineral Springs?

The average commute to work in Mineral Springs is 21 minutes; 0% of workers work from home.

What is the unemployment rate in Mineral Springs?

The unemployment rate in Mineral Springs is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Mineral Springs?

8.1% of adults in Mineral Springs have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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