Mineral Wells, TX Real Estate
According to census data in the year 2000 there were 6,390 housing units in Mineral Wells.
This represents a 2.1% growth from 6,256 in 1990.
Of those housing units, 6,067 were located in either urbanized areas or urban clusters, and 323 were located in what is classified as a rural area.
Homeownership rate in Mineral Wells is about 61.9%.
Mineral Wells's vacancy rate, including seasonal lodging, is about 10.2%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Mineral Wells were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.80% |
| One Bedroom | 12.50% |
| Two Bedrooms | 31.40% |
| Three Bedrooms | 45.20% |
| Four Bedrooms | 6.80% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $41,700 |
| Median Price asked for vacant units | $56,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $391 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.80% |
| Home Equity Loan | 1.90% |
| Simple Mortgage | 42.50% |
| Debt Free | 53.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
