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CITY

Mineral Springs

Indiana · 742 residents · 0.4 sq mi
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The short version

Mineral Springs is significantly wealthier than the US average, with a median household income of $115,685. Population has declined 3% since 2023. Median home value is $232,800. With a median age of 47.1, the population is older than the US median of 38.9. Poverty is rare here, at 3.0% of residents. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 47.1
US median: 38.9
Less educated
30% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

742
−3%since 2023
from 768 in 2023
2022 – 2024
1,855 / sq mi
−3%since 2023
from 1,920 / sq mi in 2023
US average: 281
47.1
−1%since 2023
from 47.5 in 2023
US average: 38.9
Population, 20222024
73675577479381220222024Mineral Springs
2024742
20222024
Section 02

Income & economy

$115,685
+7%inflation adjusted, since 2023
from $104,886 in 2023
US average: $82,259
2022 – 2024
$40,763
+9%since 2023
from $37,521 in 2023
US average: $44,673
Households earning $100K+
74.9%
+9.4 ptssince 2023
from 65.6% in 2023
US average: 53.3%
3.0%
−2.6 ptssince 2023
from 5.5% in 2023
US average: 12.5%
0.277
−2%since 2023
from 0.284 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade48.8%
US avg: 9.9%
Information8.5%
US avg: 10.8%
Other services8.5%
US avg: 6.7%
Public administration6.7%
US avg: 4.8%
Transportation & warehousing5.6%
US avg: 2.2%
Wholesale trade2.7%
US avg: 6.9%
Arts, entertainment, food2.7%
US avg: 1.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$232,800
+2%inflation adjusted, since 2023
from $221,500 in 2023
US average: $376,019
2022 – 2024
100.0%
+2.3 ptssince 2023
from 97.7% in 2023
0.0% rent
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
3.9%
−10.9 ptssince 2023
from 14.7% in 2023
US average: 22.9%
2.0
−5%since 2023
from 2.1 in 2023
2022 – 2024
RELATED:See current rent listings in Mineral Springs on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic86.1%(661)
Black0%(0)
Hispanic / Latino5.7%(44)
Asian0%(0)
Other8.2%(63)
Diversity Score31.2%(239)
2024
White, non-Hispanic86%(638)
Black0%(0)
Hispanic / Latino1.9%(14)
Asian0%(0)
Other12.1%(90)
Diversity Score30.7%(228)
31
−1%since 2023
from 31 in 2023
2022 – 2024
Section 05

Education

30.2%
+3.3 ptssince 2023
from 27.0% in 2023
US average: 35.6%
High school or higher
98.2%
+2.1 ptssince 2023
from 96.2% in 2023
US average: 89.6%
12.1%
−1.8 ptssince 2023
from 13.9% in 2023
US average: 14.0%
Section 06

Commute & transportation

17.8 min
+6%since 2023
from 16.8 min in 2023
US average: 26.5
91.5%
+6.8 ptssince 2023
from 84.7% in 2023
US average: 68.9%
1.6%
−4.1 ptssince 2023
from 5.7% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
6.9%
−0.7 ptssince 2023
from 7.7% in 2023
US average: 15.0%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
3.1%
−0.3 ptssince 2023
from 3.3% in 2023
US average: 8.3%
Section 07

Work & employment

7.9%
−2.8 ptssince 2023
from 10.6% in 2023
US average: 5.2%
66.2%
−0.1 ptssince 2023
from 66.3% in 2023
US average: 63.5%
7.7%
+0.6 ptssince 2023
from 7.2% in 2023
US average: 13.1%
34.1%
+6.4 ptssince 2023
from 27.7% in 2023
US average: 42.5%
Section 08

People & community

53.4%
+3.4 ptssince 2023
from 50.0% in 2023
46.6%
−3.4 ptssince 2023
from 50.0% in 2023
1.9%
+0.6 ptssince 2023
from 1.3% in 2023
US average: 14.1%
5.7%
−3.1 ptssince 2023
from 8.8% in 2023
US average: 6.2%
14.7%
+2.1 ptssince 2023
from 12.6% in 2023
US average: 13.3%
1.6%
−1.3 ptssince 2023
from 2.9% in 2023
US average: 8.4%
100.0%
+2.7 ptssince 2023
from 97.3% in 2023
US average: 91.0%
98.1%
−0.6 ptssince 2023
from 98.7% in 2023
US average: 77.7%
1.9%
+0.6 ptssince 2023
from 1.3% in 2023
US average: 13.6%
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Frequently asked

How many people live in Mineral Springs, Indiana?

Mineral Springs, Indiana has about 742 residents according to the 2024 American Community Survey.

What is the median household income in Mineral Springs, Indiana?

The typical household in Mineral Springs, Indiana earns about $115,685 a year. Half of households make more than that, and half make less.

Is Mineral Springs, Indiana expensive?

In Mineral Springs, Indiana, the median home is worth about $232,800.

How educated are people in Mineral Springs, Indiana?

About 30.2% of adults age 25 and over in Mineral Springs, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Mineral Springs, Indiana?

About 3.0% of people in Mineral Springs, Indiana live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Mineral Springs, Indiana: demographics, income & housing data · CensusEasy