Is Mineral Springs, NC growing?
Mineral Springs, NC had an estimated 3,314 (±22) residents in 2020–2024, against 3,008 in 2015–2019.
That is a change of +10.2%, a measurable increase.
Its housing went from 1,242 to 1,322 homes (+6.4%), not a measurable change.
2.9% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 3,314 (±22)
- Amount of change
- +10.2%
- Homes change
- +6.4%
- Built 2020 or later
- 2.9%
Residents and homes in Mineral Springs, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 3,008 (±22) | 3,314 (±22) | +10.2% | Measurable increase |
| Housing units | 1,242 (±101) | 1,322 (±121) | +6.4% | Not a measurable change |
| Households that rent | 17.7% (±7.2 points) | 15.4% (±6.2 points) | −2.3 percentage points | Not a measurable change |
| Median gross rent | $1,013 (±$186) | $1,340 (±$99) | +32.3% | No measurable change after inflation |
| Median home value | $242,500 (±$26,415) | $389,900 (±$49,499) | +60.8% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Mineral Springs against Union County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Mineral Springs | +10.2% | Measurable increase | +6.4% |
| Union County | +8.6% | Measurable increase | +9.6% |
| North Carolina | +4.5% | Measurable increase | +5.8% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Mineral Springs
| Year built | Mineral Springs | Union County | North Carolina | United States |
|---|---|---|---|---|
| 2020 or later | 2.9% (±2.8 points) | 4.9% | 3.0% | 2.0% |
| 2010 to 2019 | 17.7% (±6.0 points) | 16.5% | 13.5% | 9.4% |
| 2000 to 2009 | 18.1% (±6.3 points) | 28.0% | 18.6% | 13.6% |
20.6% of the homes in Mineral Springs were built in 2010 or later.
The median age of residents is 45.5 years.
Growth in places near Mineral Springs
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Mineral Springs | — | 3,314 | +10.2% | Measurable increase |
| Waxhaw | 3.1 mi | 22,275 | +46.2% | Measurable increase |
| Wesley Chapel | 4.3 mi | 9,090 | +1.3% | Measurable increase |
| Weddington | 6.1 mi | 13,805 | +27.9% | Measurable increase |
| Monroe | 8.1 mi | 36,759 | +4.7% | Measurable increase |
| Marvin | 8.3 mi | 6,692 | +2.1% | Measurable increase |
| Indian Trail | 8.8 mi | 42,036 | +8.3% | Measurable increase |
| Lake Park | 10 mi | 3,431 | −9.7% | Measurable decrease |
| Van Wyck | 10 mi | 951 | +3.4% | Not a measurable change |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Mineral Springs
Is Mineral Springs growing?
Mineral Springs, NC had an estimated 3,314 residents in 2020–2024 and 3,008 in 2015–2019, a change of +10.2%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Mineral Springs?
The estimated number of housing units went from 1,242 in 2015–2019 to 1,322 in 2020–2024 (+6.4%), not a measurable change.
How much new construction is there in Mineral Springs?
2.9% of homes in Mineral Springs were built in 2020 or later and 17.7% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Mineral Springs town, North Carolina
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mineral Springs town, North Carolina
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Mineral Springs town, North Carolina
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Mineral Springs town, North Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Mineral Springs town, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Mineral Springs town, North Carolina
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Mineral Springs town, North Carolina
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Mineral Springs town, North Carolina (place:43360, in state:37).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Mineral Springs at a glance
- Median rent in Mineral Springs
- Renters and owners in Mineral Springs
- Income and affordability in Mineral Springs
- Home values in Mineral Springs
- Homeowner costs in Mineral Springs
- Property taxes in Mineral Springs
- Types of homes in Mineral Springs
- Age of homes in Mineral Springs
- Heating fuel in Mineral Springs
- Commute and cars in Mineral Springs
- How long people stay in Mineral Springs
- Fair Market Rent in Mineral Springs
- North Carolina landlord and tenant rules
- Housing across Union County
- Housing data for every place in North Carolina