Mineral Wells, WV Profile: Facts & Data

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Mineral Wells, West Virginia - Basic Facts

The Mineralwells Census Designated Place had a population of 1,870 as of July 1, 2019.

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 elevation is 663 feet.

The Mineralwells Census Designated Place (GNIS ID: 2389489) 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.

Alternate Unofficial Names for Mineral Wells: Mineralwells.

Jump to... (On This Page!)
  1. Mineral Wells 2019 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 - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Mineral Wells, WV Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Mineral Wells, WV Housing Affordability Index is 226
State of West Virginia Housing Affordability Index is 182
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.

WEALTH INDEX

Mineral Wells, WV Wealth Index is 78
State of West Virginia Wealth Index is 64
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 1,870
Population in Households 1,870
Population in Familes 1,587
Population in Group Qrtrs 0
Population Density 1,217
Diversity Index1 8
 

INCOME

Median Household Income $63,777
Average Household Income $75,925
Per Capita Income $30,236
Wealth Index3 78

HOUSING

Total Housing Units 776 (100%)
Owner Occupied HU 551 (71.0%)
Renter Occupied HU 183 (23.6%)
Vacant Housing Units 42 ( 5.4%)
Median Home Value $148,308
Housing Affordability Index2 226
 

HOUSEHOLDS

Total Households 734
Average Household Size 2.55
Family Households 540
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.45% -0.46%
Households -0.43% -0.52%
Families -0.47% -0.6%
Median Household Income   2.05%
Per Capita Income   2.76%

Mineral Wells, WV - Peer Comparisons by Rank and Percentile

The table below compares Mineral Wells to the other 404 incorporated cities, towns and CDPs in West Virginia by rank and percentile using July 1, 2019 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 # 86 79th
Population Density # 125 69th
Diversity Index # 209 48th
Median Household Income # 22 95th
Per Capita Income # 47 89th

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

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