HomeTexasPalo Pinto CountyMineral Wells city
Mineral Wells city, Texas: commercial real estate data.
Mineral Wells city is a Census city of 15,244 people across 20.40 square miles of land, lying across Palo Pinto County and Parker County. Median household income is $55,929, 59.0 percent of occupied homes are owned, and the SBA record carries 19 7(a) approvals to borrowers here worth $29.4 m.
81 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Mineral Wells
What Mineral Wells is
- Census place typecity
- Land area20.4 sq mi
- Water area0.76 sq mi
- Population per square mile of land747
- County holding the largest share of its areaPalo Pinto County, 64.3 percent
- Counties this place lies inPalo Pinto County 64.3 percent, Parker County 35.7 percent
Mineral Wells city crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mineral Wells
How many people live in Mineral Wells
- Population15,244
- Median age38.0
- Population under 183,499
- Share under 1823.0 percent
- Population 65 and over2,474
- Share 65 and over16.2 percent
- Households5,757
- Family households3,800
- Share of households that are families66.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mineral Wells
Income and work in Mineral Wells
- Median household income$55,929
- Per capita income$26,124
- Civilian labor force6,867
- Employed6,421
- Unemployed446 plus or minus 159
- Unemployment rate6.5 percent plus or minus 2.3
- Adults 25 and over10,118
- Adults 25 and over with a high school diploma or higher80.6 percent
- Adults 25 and over with a bachelor degree or higher11.6 percent plus or minus 2.5
- Adults 25 and over with a graduate degree2.8 percent plus or minus 1.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mineral Wells
Housing in Mineral Wells
- Housing units6,448
- Occupied units5,757
- Vacant units691 plus or minus 178
- Vacancy rate10.7 percent plus or minus 2.7
- Owner occupied3,394
- Renter occupied2,363
- Ownership rate59.0 percent
- Median owner-occupied home value$161,300
- Median gross rent, monthly$1,077
- Annual rent as a share of median income23.1 percent
- Single family units4,595
- Share single family71.3 percent
- Units in buildings of two or more1,367 plus or minus 282
- Share in buildings of two or more21.2 percent plus or minus 4.3
- Mobile homes481 plus or minus 150
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mineral Wells
How Mineral Wells gets to work
- Workers 16 and over who commute5,889
- Commuting under 15 minutes2,886
- Share commuting under 15 minutes49.0 percent
- Commuting 30 minutes or more2,066
- Share commuting 30 minutes or more35.1 percent
- Drove alone76.6 percent
- Carpooled15.1 percent plus or minus 3.7
- Public transport0.0 percent
- Walked0.8 percent plus or minus 0.7
- Worked from home5.8 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Mineral Wells
SBA loans in Mineral Wells (7(a))
- Approvals19
- Gross approval$29,429,000
- Average approval$1,548,895
- Median approval$1,456,000
- Ninetieth percentile approval$3,500,000
- Largest approval$3,780,000
- Jobs supported155
- Jobs per approval8.2
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more78.9 percent
- Share to franchises31.6 percent
- Distinct lenders15
- Distinct industries by NAICS9
A charge-off rate is not published here. only 5 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mineral Wells
SBA loans in Mineral Wells (504)
- Approvals1
- Gross approval$377,000
- Average approval$377,000
- Median approval$377,000
- Largest approval$377,000
- Jobs supported1
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Mineral Wells
Flood risk in Mineral Wells
- Listed NFIP communities1
- Of those, participating1
- NFIP community number480517
- Currently effective map date04/05/19
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Palo Pinto County, not Mineral Wells
Palo Pinto County context, not Mineral Wells figures
These are Palo Pinto County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Mineral Wells measurements.
- Establishments in Palo Pinto County644
- Employment at those establishments, Palo Pinto County6,372
- Covered employment, Palo Pinto County8,331
- Average annual pay, Palo Pinto County$49,166
- Average weekly wage, Palo Pinto County$945
- Housing units permitted, Palo Pinto County24
- Of those, single family, Palo Pinto County22
- County product, 2024, Palo Pinto County$1,287,075,000
- County product change over the prior year, Palo Pinto County2.0 percent
- Average income of an arriving household, Palo Pinto County$82,122
Every figure in this section is published for Palo Pinto County as a whole and is not a measurement of Mineral Wells. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Mineral Wells questions, answered from the record.
How many people live in Mineral Wells, Texas?
15,244, in 5,757 households. Mineral Wells city covers 20.40 square miles of land, which is 747 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Mineral Wells in?
Mineral Wells lies in more than one. By area it is 64.3 percent in Palo Pinto County, 35.7 percent in Parker County. This page sits under Palo Pinto County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Mineral Wells?
$55,929. The median owner-occupied home is valued at $161,300. Median gross rent is $1,077 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Mineral Wells businesses?
19 7(a) approvals totalling $29.4 m, across 15 lenders, median approval $1,456,000, plus 1 504 approvals worth $377,000. These count approvals to borrowers whose address is in Mineral Wells, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Mineral Wells borrowers get paid back?
No rate is published for Mineral Wells. only 5 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Mineral Wells in the National Flood Insurance Program?
Yes. Mineral Wells appears in the FEMA Community Status Book as community 480517, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Mineral Wells figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Palo Pinto County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Mineral Wells.
Is zoning published for Mineral Wells?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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