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Mineral

Learn about the people, housing, costs and businesses in Mineral, Washington

Median Home$412,400
Median Rent$873/month
Population204
Leading IndustriesFinance & Insurance · Information & Media · Education17% finance & insurance
Home Value Growth⬆⬆+14.1% over 2 years
Retirees24% of residentsslightly above average
Homeowners78% of occupied units
Mineral
WA

Frequently Asked Questions

What are today's mortgage rates in Mineral?

As of today, the 30-year fixed mortgage rate for Mineral is approximately 6.852% (6.887% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Mineral?

The median home value in Mineral is $412k. The median monthly rent is $873. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mineral?

Home values in Mineral have increased 14.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Mineral?

Based on a typical all-in ownership cost of $1,108/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mineral is $76k/year.

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What industries drive the economy in Mineral?

The largest employment sectors in Mineral are information and media (18%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.