Living in Mineral Springs, Indiana
Cost of living, income, home prices, rent and demographics of Mineral Springs · Census data 2020–2024
Mineral Springs has 742 residents with a median age of 47.1. The median household income is $115,685 (61% higher than the Indiana median), the median home value is $232,800.
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
- 742
- Median age
- 47.1State: 38.1
- Median household income
- $115,685State: $71,957
- Median home value
- $232,800State: $218,200
- Homeowners
- 100%
- Bachelor's degree or higher
- 30.2%
- Average commute
- 18 min
Is Mineral Springs a good place to live?
Pros: Median household income 61% higher than the Indiana median; an average commute of 18 minutes; a poverty rate of 3%.
Cons: Home values 7% higher than the state median; unemployment of 7.9%.
The weather is best in May and August to 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 $232,800, 30% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,221 a month in housing costs.
Mineral Springs median household income
The median household income in Mineral Springs is $115,685 and the income per person is $40,763. 3% of residents live below the poverty line (Indiana: 12.3%).
Housing in Mineral Springs: homes for sale and rent
- Housing units
- 259
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.86
Mineral Springs demographics
- Population
- 742
- Median age
- 47.1
- Under 18
- 24.8%
- 65 and older
- 16.6%
- Households
- 259
- Foreign-born
- 1.9%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Mineral Springs ›
Education in Mineral Springs
30.2% of adults 25 and older in Mineral Springs have a bachelor's degree or higher (Indiana: 29.5%), and 12.1% have a graduate or professional degree.
Jobs and commute in Mineral Springs
- Unemployment rate
- 7.9%State: 4.3%
- Average commute
- 18 minState: 24 min
- Work from home
- 6.9%
- Drive alone
- 91.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Mineral Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mineral Springs | 742 | $115,685 | $232,800 | — |
| Waynesville | 116 | $48,625 | $143,300 | — |
| Elizabethtown | 372 | $53,750 | $153,000 | $875 |
| Walesboro | 331 | $122,632 | $202,600 | — |
| Bethel Village | 393 | $78,750 | $170,700 | — |
| Jonesville | 129 | $55,179 | $123,400 | — |
| Columbus | 51,824 | $77,456 | $244,200 | $1,157 |
| Petersville | 134 | $75,208 | $155,400 | — |
| Newbern | 210 | $165,486 | $287,500 | — |
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, IN?
The median household income in Mineral Springs is $115,685, 61% higher than the Indiana median of $71,957 (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 $232,800, compared with $218,200 in Indiana.
Is Mineral Springs, IN a good place to live?
Pluses: median household income 61% higher than the Indiana median; an average commute of 18 minutes; a poverty rate of 3%. Minuses: home values 7% higher than the state median; unemployment of 7.9%.
What is the median age in Mineral Springs?
The median age in Mineral Springs is 47.1 years (Indiana: 38.1).
How long is the commute in Mineral Springs?
The average commute to work in Mineral Springs is 18 minutes; 6.9% of workers work from home.
What is the unemployment rate in Mineral Springs?
The unemployment rate in Mineral Springs is 7.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mineral Springs?
30.2% 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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