Cost of Living in Mineola, TX

Population 4,956 · Texas · Data vintage 2023

67
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Mineola's median household income of $42,231 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (14% here). At 9.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Mineola is about 25 miles northwest of Tyler, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Tyler's $216,000 median.

Cost Overview

Housing 67
Rent 66

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Mineola

The median home value in Mineola is $205,600 — 33% below the national median of $305,000. Median rent runs $868/month, 34% lower than the national median of $1,314/month. The median household income of $42,231/year is 43% lower than the US median of $74,580. The local unemployment rate is 9.8%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 77.0°F and lows of 56.2°F. Overall, Mineola has a cost of living index of 67 versus the US average of 100, meaning it is 33% less expensive.

🏠 Housing

Median Home Value
$205,600
33% below avg
Zillow Home Value
$261,017
Zillow ZHVI
Median Rent
$868/mo
34% below avg
Price-to-Rent Ratio
19.7x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$766
1 BR
$811
2 BR
$981
3 BR
$1,307
4 BR
$1,509
Owner-occupied 49.3%
Renter-occupied 50.7%

💰 Estimated Monthly Budget

Rent median rent
$868
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,482/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
31.7 min
17% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.1%

Commute Mode

Drove alone
68.6%
Carpooled
14.3%
Work from home
17.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 8.2%
State rate 6.3%
Avg local rate 1.9%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$42,231
43% below avg
Per Capita Income
$40,749
Unemployment Rate
9.8%
104% above avg
Poverty Rate
13.7%
Labor Force Participation
57.9%

🎓 Education

Bachelor's degree+ 17.3%
Graduate degree 11.4%

👥 Demographics

Median Age 40.9
Male median age 35.5
Female median age 45.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
77.0°F
Avg Low
56.2°F
Annual Precip
42.1"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 586270778390949589796859
Low °F 374148556471747467574739
Precip" 3.393.683.723.484.074.382.102.613.074.313.264.03

Frequently Asked Questions

What is the cost of living in Mineola, TX?

Mineola has a cost index of 67 (100 = national average). It is 33% below the national average.

What is average rent in Mineola, TX?

The median gross rent in Mineola is $868 per month based on 2023 Census data.

What is the average home price in Mineola?

The median home value in Mineola is $205,600 according to Zillow and Census data.

What is the median income in Mineola?

The median household income in Mineola is $42,231 per year (2023 ACS 5-year estimates).

What is the sales tax in Mineola, TX?

The combined state and local sales tax rate in Mineola is 8.2%. Texas has no state income tax.

Is Mineola, TX affordable?

Yes, Mineola is generally considered affordable, with a cost of living index of 67 — about 33% below the US national average of 100.

What is the weather like in Mineola?

Mineola has average high temperatures of 77.0°F and average lows of 56.2°F. Annual precipitation is 42.1". Data from NOAA 1991–2020 Climate Normals.

Mineola at a Glance

Population
4,956
Median Income
$42,231
Home Value
$205,600
Median Rent
$868/mo
Unemployment
9.8%
Avg High Temp
77.0°F
Sales Tax
8.2%
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Explore county-level cost of living data

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