This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Mineral Wells page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 15,130, so Mineral Wells should be compared with similar-size places before using broader Texas averages. Median household income is $54,210, so the best affordability read for Mineral Wells is income versus housing, taxes, utilities, and insurance together.
Median home value is $146,100, so ownership costs in Mineral Wells should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $1,004/mo, so renters can compare Mineral Wells against ownership costs and nearby rental markets.
Housing and Income Context
For Mineral Wells, income is more constrained, so utilities, rent, and taxes deserve extra attention. Home values are comparatively low, but maintenance, taxes, and utilities still matter.
Use the home value, rent, and income fields together before deciding whether Mineral Wells looks more favorable for renting, buying, or comparing with Weatherford, TX.
Utility Cost Context
The residential electricity benchmark is $0.164/kWh, so Mineral Wells households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Mineral Wells is a Texas state-level EIA benchmark, so it should not be read as a local provider tariff.
For Mineral Wells, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $2,266, so Mineral Wells buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Mineral Wells address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Mineral Wells depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Mineral Wells, especially when comparing with Weatherford, TX.
Population and Demographics
Median age is 36.7, so Mineral Wells may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 13.3%, so Mineral Wells education context can be useful when reading labor-market and school sections.
Unemployment is 4.3%, so Mineral Wells wage and job-market context should be compared with commute options and regional employment centers.