According to statistics, the population in Mineral Wells, TX amounts to 15,341, which shows decline -2% compared to the previous year. The median age of the city’s residents is 33. The average household income is $39,292, shifting growth 11% from the past year, and the average property value in Mineral Wells, TX growth 5% to $81,300 throughout the year.
|Number Of Employees||6,174|
|Median Property Value||$81,300|
The average household income in Mineral Wells, TX grew from $35,500 to $39,292 in the past year. This data is an estimate based upon 5,160 households in Mineral Wells, TX . The chart below presents how household income is distributed in Mineral Wells, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Mineral Wells, TX shifted from $77,600 to $81,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Mineral Wells, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Mineral Wells, TX properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Mineral Wells, TX compared to median property taxes around the country. The prevalent amount of property taxes in Mineral Wells, TX equals $800, which is less than the national average.
|Apartment Size||Sep||vs Last Month|
|1 bed apartments||$53,500||N/A|
|2 bed apartments||$149,900||-38.8%|
|3 bed apartments||$215,483||+68.8%|
|4+ bed apartments||$503,986||+21.4%|
During Sep 2021, the average price for an apartment in/near Mineral Wells, TX increased by 61.9% to $282,241.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $53,500 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $149,900. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $215,483. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $503,986 for a big-family home.
|Listing Type||Sep||vs Last Month|
|Houses for sale||$282,241||+61.9%|
According to statistics, average house is still $282,241 with no significant changes this month.
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