Living in Mineral Point, Missouri
Cost of living, income, home prices, rent and demographics of Mineral Point · Census data 2020–2024
Mineral Point has 324 residents with a median age of 46.1. The median household income is $41,394 (41% lower than the Missouri median), the median home value is $47,500, the median rent is $1,094/month.
Mineral Point is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Mineral Point at a glance
- Population
- 324
- Median age
- 46.1State: 39
- Median household income
- $41,394State: $70,702
- Median home value
- $47,500State: $230,300
- Median rent
- $1,094/moState: $1,033
- Homeowners
- 74.4%
- Bachelor's degree or higher
- 3.3%
- Average commute
- 26 min
Is Mineral Point a good place to live?
Pros: Home values 79% lower than the state median; unemployment of 2.7%.
Cons: Median household income 41% lower than the Missouri median; an average commute of 26 minutes; a poverty rate of 21.4%.
The weather is best in May–June and September–October.
Cost of living in Mineral Point
Housing is the biggest part of the cost of living. In Mineral Point the median home value is $47,500, 86% lower than the U.S. median. Renters pay a median of $1,094 per month, which is 51% of household income. Homeowners with a mortgage pay $1,097 a month in housing costs.
Mineral Point median household income
The median household income in Mineral Point is $41,394 and the income per person is $17,061. 21.4% of residents live below the poverty line (Missouri: 12.6%).
Housing in Mineral Point: homes for sale and rent
- Housing units
- 157
- Owner-occupied
- 74.4%
- Renter-occupied
- 25.6%
- Vacant
- 20.4%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.59
Mineral Point demographics
- Population
- 324
- Median age
- 46.1
- Under 18
- 18.2%
- 65 and older
- 22.8%
- Households
- 125
- Foreign-born
- 0%
- Veterans
- 10.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Mineral Point ›
Education in Mineral Point
3.3% of adults 25 and older in Mineral Point have a bachelor's degree or higher (Missouri: 32.4%), and 3.3% have a graduate or professional degree.
Jobs and commute in Mineral Point
- Unemployment rate
- 2.7%State: 4%
- Average commute
- 26 minState: 24 min
- Work from home
- 9%
- Drive alone
- 57.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 84.8%
Mineral Point vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mineral Point | 324 | $41,394 | $47,500 | $1,094 |
| Potosi | 2,544 | $39,846 | $110,100 | $788 |
| Terre du Lac | 2,516 | $86,019 | $199,300 | — |
| Irondale | 622 | $37,368 | $99,300 | $1,025 |
| Leadwood | 1,354 | $44,783 | $63,200 | $896 |
| Bonne Terre | 6,683 | $46,179 | $153,000 | $641 |
| Lake Timberline | 810 | $23,125 | $117,300 | $937 |
| Desloge | 4,863 | $60,820 | $127,500 | $636 |
| Summer Set | 1,236 | $98,167 | $238,400 | — |
More for people moving to Mineral Point
Mineral Point ZIP code ›Weather and climate ›Living in Mineral Point: FAQ
What is the median household income in Mineral Point, MO?
The median household income in Mineral Point is $41,394, 41% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Mineral Point?
The median home value in Mineral Point is $47,500, compared with $230,300 in Missouri.
How much is rent in Mineral Point?
The median gross rent in Mineral Point is $1,094 per month, about 51% of household income.
Is Mineral Point, MO a good place to live?
Pluses: home values 79% lower than the state median; unemployment of 2.7%. Minuses: median household income 41% lower than the Missouri median; an average commute of 26 minutes; a poverty rate of 21.4%.
What is the median age in Mineral Point?
The median age in Mineral Point is 46.1 years (Missouri: 39).
How long is the commute in Mineral Point?
The average commute to work in Mineral Point is 26 minutes; 9% of workers work from home.
What is the unemployment rate in Mineral Point?
The unemployment rate in Mineral Point is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mineral Point?
3.3% of adults in Mineral Point 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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