Mineral Wells Downtown Revitalization, Informative Boards

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C ommunity A nalysis I HISTORY OF MINERAL WELLS POPULATION

AGE DISTRIBUTION

EMPLOYMENT

EDUCATION POPULATION 18 TO 24 YEARS OLD

HOUSING VALUE

GENERAL EDUCATIONAL DEMOGRAPHICS 22.7% 18.3% 21.8% 16.3% 20.9%

Service occupations

housing units in Minerals Wells:

age of Mineral Wells Population:

in comparison to their income:

6%

12%

25% 25%

23%

11%

38% 6%

Sales and office occupations Natural resources, construction and maintenance occupations

22%

32%

Production, transportation, and material moving occupations

33%

less than $50,000 $50,000 - 99,999 $100,000-199,999 $200,000-499,000 $500,000- over $1M (is less than 1%)

SMOC ranging from $1000-1,499 SMOC ranging from $700-999 SMOC ranging from $1,500-1999

<20% of Income 20%-24.9% of Income 25%-29.9% of Income 30%-34.9% of Income 35%> of Income

HOUSING/TOTAL NUMBER CHANGES DURING | 2010 _ 2014

Bachelor’s Degree 6.7%

MEDIAN AGE

:: Percentage of population having SMOC

Management, business, science, and arts occupations

Top 10 Employers

BAKER HOTEL | 1929

:: Selected Monthly Owner Costs, Percent-

Occupational Sectors of Employment

High School Graduate 36.1%

FROM 1990 TO 2010, MINERAL WELLS POPULATION GREW FROM 14,870 TO 16,788. THE POPULATION IS CURRENTLY PROJECTED TO REACH 19,161 BY 2030.

:: Home Value of 3,113 owner occupied

POPULATION PROJECTION

Graduate or Professional Degree 2.6%

POPULATION 25 YEARS OLD & OVER

28698

RACE

35675

28111 25048

18411

MINERAL WELLS IS GROWING MORE RACIALLY DIVERSE

32771 20600

16788

19161

14870

1970

1980

1990

2000

2010

2020

2030

2040

2050

Population Palo Pinto County: actual projection/status quo Mineral Wells: actual projection/status quo

INSTITUTE OF URBAN STUDIES

PALO PINTO COUNTY

Mineral Wells Aerial View |1964

MINERAL WELLS SALES TAX COLLECTIONS MINERAL WELLS

GENDER

UNEMPLOYMENT RATE 31868

28698

28111 25048

18411

32771 19029

16788 18251

14870

1970

1980

1990

2000

2010

2020

2030

2040

Palo Pinto County: low projection (no migration, Texas State Demographer) Mineral Wells: low projection (no migration, Texas State Demographer)

2050


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