Mineral Springs, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Mineral Springs, Indiana had a total population of 742, the 420th largest community in Indiana, with a median household income of $115,685, which is 61% higher than the state average. The poverty rate is 3.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 61% above the state average — one of the wealthiest communities in Indiana.
- An exceptionally low poverty rate of 3.0% — among the lowest in Indiana.
- Housing is very affordable with a home-value-to-income ratio of just 2.0x.
Mineral Springs Quick Facts
How Mineral Springs Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 768 | 742 | -3.4% |
| Median household income | $104,886 | $115,685 | +10.3% |
| Median home value | $221,500 | $232,800 | +5.1% |
How Mineral Springs Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Mineral Springs Rankings in Indiana
Explore Indiana Rankings
Cities Similar to Mineral Springs
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| San Pierre | 727 | N/A | $193,600 | 9.3% | 1.8% |
| Rockford | 761 | $115,917 | $250,400 | 36.6% | 2.0% |
| Mount Summit | 713 | N/A | $214,100 | 17.2% | 4.9% |
| Markleville | 739 | $89,167 | $184,200 | 9.8% | 8.0% |
| Memphis | 784 | $137,560 | $235,900 | 26.4% | 0.0% |
A note before these figures: with a population of 742, Mineral Springs's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Mineral Springs is a small community located in Indiana. The total population is 742. It ranks as the 420th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Mineral Springs is 47.1 years. This is 24% higher than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Mineral Springs is $115,685. This is 61% higher than the state median of $71,957. It is also 43% higher than the national median of $80,734. The poverty rate stands at 3.0%. This is 76% lower than the state poverty rate of 12.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 7.9%. This is 84% higher than the state rate of 4.3%. The median home value is $232,800. Housing costs are 7% higher than the state median of $218,200. With a home-value-to-income ratio of just 2.0x, Mineral Springs is one of the most affordable housing markets in the area. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 42% higher than the state average of 70.5%.
Race & Ethnicity
Mineral Springs has a predominantly White (non-Hispanic) population, comprising 86.0% of all residents. Hispanic or Latino residents account for 1.9%. The Hispanic or Latino population (1.9%) is well below the state average of 8.6%.
Education
30.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 3% higher than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.3%.
Data Sources & Methodology
All demographic data for Mineral Springs, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all Indiana city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Mineral Springs, Indiana?
Mineral Springs, Indiana has a population of 742 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Mineral Springs, IN?
The median household income in Mineral Springs is $115,685, which is 43% higher than the national median of $80,734.
What is the poverty rate in Mineral Springs, IN?
The poverty rate in Mineral Springs is 3.0%. This means approximately 22 residents live below the federal poverty line.
What is the racial makeup of Mineral Springs, Indiana?
Mineral Springs's population is 86.0% White, 0.0% Black, 1.9% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Mineral Springs, IN?
The median home value in Mineral Springs is $232,800. The home-value-to-income ratio is 2.0x.
How educated is Mineral Springs, Indiana?
30.2% of adults (25+) in Mineral Springs hold a bachelor's degree or higher, and 12.1% hold a graduate or professional degree.