Mineral Wells, WV Profile: Facts & Data

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Mineral Wells, West Virginia - Basic Facts

The Mineralwells CDP(1) had a population of 1,853 as of July 1, 2023.

The primary coordinate point for Mineral Wells is located at latitude 39.1904 and longitude -81.5321 in Wood County. The formal boundaries for the Mineralwells Census Designated Place encompass a land area of 1.53 sq. miles and a water area of 0.01 sq. miles. Wood County is in the Eastern time zone (GMT -5).

The Mineralwells Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Mineralwells Census Designated Place is located within Tygart District, a minor civil division (MCD) of Wood County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Mineral Wells 2023 Demographic Data
  2. Growth Rates for Mineral Wells (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. West Virginia Research Tools (Easy Tools & Current Data)
  3. West Virginia Data Comparison Tool - 2023 Demographics
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Mineral Wells, WV Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 1,853 (100%)
Population in Households 1,853 (100.0%)
Population in Families 1,604 (86.6%)
Population in Group Quarters1 0
Population Density 1,206
Diversity Index2 13
 
 

INCOME

Median Household Income $100,619
Average Household Income $106,905
% of Income for Mortgage4 12%
Per Capita Income $43,096
Wealth Index5 88
Socioeconomic Status Index6 High (72.8)
 

HOUSING

Total HU (Housing Units) 799 (100%)
Owner Occupied HU 685 (85.7%)
Renter Occupied HU 62 ( 7.8%)
Vacant Housing Units 52 ( 6.5%)
Median Home Value $193,121
Average Home Value $203,029
Housing Affordability Index3 220
 

HOUSEHOLDS

Total Households 747
Average Household Size 2.48
Family Households 562
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.81% 0.26%
Households 0.12% 0.21%
Families   0.25%
Median Household Income   1.30%
Per Capita Income   2.64%
Owner Occupied HU   0.49%

Mineral Wells, WV - Peer Comparisons by Rank and Percentile

The table below compares Mineral Wells to the other 439 incorporated cities, towns and CDPs in West Virginia by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 78 82nd
Population Density # 113 74th
Median Household Income # 6 99th
Housing Affordability Index # 357 81st
Per Capita Income # 32 93rd
Diversity Index # 269 39th

Additional comparisons and rankings can be made with a VERY EASY TO USE West Virginia Census Data Comparison Tool.

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