Mineral Springs, AR
Population 1,169 · Arkansas
About Mineral Springs, AR
Mineral Springs is a small town located in Arkansas with a population of 1,169 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,931 per year, which is 27% below the national median of $75,149. The median age of 34.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Mineral Springs features a median home value of $132,500, which is 46% below the national median of $244,900. This makes Mineral Springs one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $831, 29% below the national average of $1,163/month. Of the 548 total housing units, 69% are owner-occupied (320 units) and 31% are renter-occupied (145 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mineral Springs shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 11.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Mineral Springs have an average one-way commute time of 17.6 minutes, one of the shorter commutes in the region.
Education & Demographics
15.3% of Mineral Springs residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 19.8% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 1.3% Asian residents, with 10.3% of the population being foreign-born.
Cost of Living in Mineral Springs, AR
Compared to national averages, Mineral Springs has a median household income of $54,931 (27% below the national median of $75,149). Home values average $132,500, which is 46% below the national median. Monthly rent at $831 is 29% below the US average of $1,163. Within Arkansas, Mineral Springs's income is 5% above the state average of $52,241, and home values are 6% above the state median of $125,457.
Why Live in Mineral Springs, AR?
Mineral Springs offers affordable housing with a median home value of $132,500, below the US average of $244,900, and rent that’s lower than the national average at $831/month, and a low poverty rate of 11.8%, better than the national average. Additionally, the city features short commute times averaging just 17.6 minutes.
Potential considerations include median household income ($54,931) that falls below the national average. However, Mineral Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mineral Springs has a population of 1,169 with a median age of 34.9 years. Compare Mineral Springs with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Mineral Springs
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| London | 1,179 | $49,000 | $96,700 | Compare |
| Waldo | 1,159 | $43,958 | $91,000 | Compare |
| Hampton | 1,185 | $48,182 | $86,300 | Compare |
| Hackett | 1,195 | $50,365 | $125,400 | Compare |
| Wooster | 1,135 | $107,813 | $292,900 | Compare |
| Sweet Home | 1,206 | $0 | $160,300 | Compare |
| Highland | 1,124 | $51,250 | $103,400 | Compare |
| West Crossett | 1,214 | $58,500 | $94,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Mineral Springs With Other Cities
Frequently Asked Questions about Mineral Springs
What is the population of Mineral Springs, AR?
The population of Mineral Springs, AR is 1,169 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Arkansas.
What is the median household income in Mineral Springs?
The median household income in Mineral Springs, AR is $54,931 per year, which is 27% below the national median of $75,149.
What is the median home value in Mineral Springs?
The median home value in Mineral Springs, AR is $132,500, which is 46% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mineral Springs?
The median monthly rent in Mineral Springs, AR is $831, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Mineral Springs?
The unemployment rate in Mineral Springs, AR is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mineral Springs, AR a good place to live?
Mineral Springs offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,169 and a median age of 34.9, the city appeals to young professionals and families.
How educated is Mineral Springs, AR?
15.3% of residents in Mineral Springs aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Mineral Springs?
Key cost-of-living indicators for Mineral Springs, AR: median home value is $132,500 (46% below national), median rent is $831/month, and median household income is $54,931. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mineral Springs?
The poverty rate in Mineral Springs, AR is 11.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Mineral Springs, AR?
Mineral Springs's population is 19.8% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 1.3% Asian, and 39.3% two or more races. 10.3% of residents are foreign-born.