Living in Mineral Point, Wisconsin

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

Mineral Point has 2,559 residents with a median age of 42.4. The median household income is $81,000 (5% higher than the Wisconsin median), the median home value is $212,200, the median rent is $877/month.

Mineral Point at a glance

Population
2,559
Median age
42.4State: 40.2
Median household income
$81,000State: $77,485
Median home value
$212,200State: $266,500
Median rent
$877/moState: $1,087
Homeowners
69.2%
Bachelor's degree or higher
30.4%
Average commute
22 min

Is Mineral Point a good place to live?

Pros: Median household income 5% higher than the Wisconsin median; home values 20% lower than the state median; unemployment of 0.8%; a poverty rate of 3.5%.

Cons: An average commute of 22 minutes.

The weather is best in June to September.

Cost of living in Mineral Point

Housing is the biggest part of the cost of living. In Mineral Point the median home value is $212,200, 36% lower than the U.S. median. Renters pay a median of $877 per month, which is 22.2% of household income. Homeowners with a mortgage pay $1,583 a month in housing costs.

Median home value

Mineral Point$212,200
Wisconsin$266,500
United States$332,700

Median monthly rent

Mineral Point$877
Wisconsin$1,087
United States$1,413

Mineral Point median household income

The median household income in Mineral Point is $81,000 and the income per person is $39,705. 3.5% of residents live below the poverty line (Wisconsin: 10.6%).

Median household income

Mineral Point$81,000
Wisconsin$77,485
United States$80,734

Housing in Mineral Point: homes for sale and rent

Housing units
1,143
Owner-occupied
69.2%
Renter-occupied
30.8%
Vacant
1.7%Includes seasonal homes
Median year built
1950
Average household size
2.23

Mineral Point demographics

Population
2,559
Median age
42.4
Under 18
25.3%
65 and older
18.7%
Households
1,124
Foreign-born
0.4%
Veterans
8.8%Adults 18+

Race and ethnicity

White91.2%
Hispanic or Latino2.2%
Black0%
Asian0%

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

Education in Mineral Point

30.4% of adults 25 and older in Mineral Point have a bachelor's degree or higher (Wisconsin: 33.4%), and 8.4% have a graduate or professional degree.

Bachelor's degree or higher

Mineral Point30.4%
Wisconsin33.4%
United States35.7%

Jobs and commute in Mineral Point

Unemployment rate
0.8%State: 3.2%
Average commute
22 minState: 22 min
Work from home
9.7%
Drive alone
76.5%
Public transit
0%
Walk to work
7.7%
Homes with broadband
86.5%

Mineral Point vs nearby towns

TownPopulationMedian incomeHome valueRent
Mineral Point2,559$81,000$212,200$877
Linden553$62,273$167,500$500
Dodgeville5,042$72,288$242,600$999
Edmund187$54,773$157,500$953
Cobb403$79,196$176,300$1,063
Rewey238$55,000$114,800$900
Belmont949$61,875$191,200$733
Hollandale327$71,250$174,000$743
Livingston555$66,875$166,000$788

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, WI?

The median household income in Mineral Point is $81,000, 5% higher than the Wisconsin median of $77,485 (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 $212,200, compared with $266,500 in Wisconsin.

How much is rent in Mineral Point?

The median gross rent in Mineral Point is $877 per month, about 22.2% of household income.

Is Mineral Point, WI a good place to live?

Pluses: median household income 5% higher than the Wisconsin median; home values 20% lower than the state median; unemployment of 0.8%; a poverty rate of 3.5%. Minuses: an average commute of 22 minutes.

What is the median age in Mineral Point?

The median age in Mineral Point is 42.4 years (Wisconsin: 40.2).

How long is the commute in Mineral Point?

The average commute to work in Mineral Point is 22 minutes; 9.7% of workers work from home.

What is the unemployment rate in Mineral Point?

The unemployment rate in Mineral Point is 0.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Mineral Point?

30.4% 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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