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City · 5,068 residents · Wood County, Texas

Mineola , Texas

In Mineola, a typical home is worth $215,700 and typical rent is $931 a month. Compared with all of Wood County, typical household income is 12% lower, typical rent is 8% higher, and the share of households that own their home is 24 points lower.

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  • Typical home value

    $215,700

    About the same as the county

    24% below Texas

    • Mineola
    • Wood
    • Texas

  • Typical rent

    $931a month

    8% above the county

    34% below Texas

    • Mineola
    • Wood
    • Texas

  • Typical household income

    $53,000a year

    12% below the county

    32% below Texas

    • Mineola
    • Wood
    • Texas

  • Households that own their home

    56%

    24 points below the county

    6 points below Texas

    • Mineola
    • Wood
    • Texas

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$262,793
2.1% less than 12 months ago
Typical rent
$1,275 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Mineola is in Wood County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Wood County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Mineola apart

What this place has that others do not, from public data, most unusual first.

  1. 56% of households in Mineola own their home, against 80% in Wood County.

  2. 27% of households in Mineola have no internet at home (10% in Wood County).

  3. Nearby, in Gilmer, the typical home value is $166,700: 23% less than in Mineola ($215,700).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Mineola

What homes there are in Mineola, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is still the most common home in Mineola, but it weighs less than in Wood County: 69% against 74%.

Year built

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,168 a month

Wood County: $1,560 a month

Without a mortgage

$621 a month

Wood County: $548 a month

Owners with a mortgage

30%

Wood County: 40%

The typical cost for an owner with a mortgage in Mineola is $1,168 a month, less than in Wood County ($1,560); without one, $621.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Since 2015–2019, homes in Mineola gained value faster than in Wood County: 138% against 58%.

The typical rent in Mineola stayed about the same over that time: the difference is within the Census margin of error.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureMineolaWood CountyTexasUnited States
Rental vacancy Unreliable estimateUnreliable estimate7.7%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.1%0.9%
More than one person per room Unreliable estimate3.6%4.8%3.4%
People per household 2.362.422.692.53
Drive alone 66%73%71%69%
Carpool 16%13%10%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate2%2%3%
Work from home Unreliable estimate11%14%15%
Other means Unreliable estimateUnreliable estimate2%2%
Typical commute Unreliable estimateUnreliable estimate20 to 29 minutes20 to 29 minutes

Much as in Wood County, a household in Mineola has 2.36 people on average.

To get to work, 66% of workers in Mineola drive alone; in Wood County, 73%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Mineola?

A typical home costs more than the typical income allows

We start with a typical home in Mineola, worth $215,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 40% of the typical household income in Mineola, which is $53,000 a year. For that payment to be 28% of income, a household would need to earn about $75,747 a year.

The calculator's FHA and conventional loan limits are those of all of Wood County.

Your numbers

Local data
$

Starts at the typical home value in Mineola. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $7,550 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,767

at 7.18% · 30 years

Loan amount
$211,793
Total interest
$304,720
Paid off in
November 2056

Includes $3,643 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,237 a month

  • Tight

    $1,237 to $1,590 a month

  • Hard

    more than $1,590 a month

    Your payment · 40%

Compared with the typical household income in Mineola ($53,000 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,767
Principal & interest$1,435
Property tax$147
Home insurance$90
FHA mortgage insurance (MIP)$95

You need at least $7,550 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Mineola and Wood County

Mineola is in Wood County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Mineola's own numbers

Typical home value
$215,700
Typical monthly rent
$931
Typical yearly household income
$53,000
Households that own their home
56%
Effective property tax rate
0.82%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Wood County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,019
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
1.2%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Wood County.

Everything about Wood County

Buying

Buying a home in Mineola

A typical home in Mineola is worth $215,700: about the same as the county and 24% below Texas. With the typical household income in Mineola ($53,000 a year), a typical home costs 4.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Mineola 4.1 years
  • Wood 3.6 years
  • Texas 3.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Wood County

According to FHFA’s house price index, home prices in Wood County rose 99% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Wood County.

Period County Texas U.S.
Last year (2025) −0.4% +0.8% +2.9%
5 years (2020–2025) +51% +44% +47%
10 years (2015–2025) +99% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Mineola next to Wood County, Texas and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Mineola $215,700
  • Wood $216,500
  • Texas $283,800
  • United States $332,700
Typical monthly rent
  • Mineola $931
  • Wood $862
  • Texas $1,403
  • United States $1,413
Typical yearly household income
  • Mineola $53,000
  • Wood $60,300
  • Texas $78,476
  • United States $80,734
See the full table
Mineola next to Wood County and Texas
Measure Mineola Wood County Texas U.S.
Typical home value $215,700 $216,500 $283,800 $332,700
Typical monthly rent $931 $862 $1,403 $1,413
Typical yearly household income $53,000 $60,300 $78,476 $80,734
Households that own their home 56% 80% 63% 65%
Typical yearly property tax $1,766 $1,900 $4,232 $3,119
Effective property tax rate 0.82% 0.88% 1.49% 0.94%
Renters with high rent for their income 56% 52% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Wood County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Mineola

For a typical $215,700 home in Mineola, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Mineola's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,767a month

    Least cash to close
    Down payment
    $7,550
    Cash to close
    $14,021
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $95

  • Conventional, 5% down $1,728a month

    Down payment
    $10,785
    Cash to close
    $17,256
    Rate
    7.18%
    Mortgage insurance
    PMI · $102

  • Conventional, 20% down, no PMI $1,406a month

    Down payment
    $43,140
    Cash to close
    $49,611
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,606a month

    Down payment
    $32,355
    Cash to close
    $38,826
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Mineola and for Wood County.

Property tax

Effective rate in Mineola

0.82%of the home’s value each year

$1,766 a year for the typical owner in Mineola.

  • Mineola 0.82%
  • Wood 0.88%
  • Texas 1.49%

What Texas publishes School-district homestead exemption (Texas Comptroller of Public Accounts)

Exemptions and deadlines in Texas

Flood risk in Wood County

FEMA does not publish these numbers by city: they are for all of Wood County.

Homes in the high-risk zone
1.2%
215
Of those, with NFIP insurance
15%
County Texas U.S.
Homes in the high-risk zone 1.2% 4.1% 3.5%
Of those, with NFIP insurance 15% 48% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Mineola

Typical rent in Mineola is $931 a month: 8% above the county. In Mineola, 56% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Wood County, by unit size. To pay the 2-bedroom one ($1,019 a month) without spending more than 30% of your income, you would need to earn $19.60 an hour working full time.

HUD fair market rent for all of Wood County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $710 $13.65 $28,400
1 bedroom $862 $16.58 $34,480
2 bedrooms $1,019 $19.60 $40,760
3 bedrooms $1,294 $24.88 $51,760
4 bedrooms $1,439 $27.67 $57,560

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Mineola

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Mineola is in ZIP code 75773.

For 2 bedrooms it is $1,210: $191 more than the fair market rent for Wood County ($1,019).

  • 75773 $1,210$1,620

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Mineola when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Mineola

HUD lists 2 buildings with rents for lower incomes in Mineola. These are the largest.

  • Village West Mineola 75773 60 low-income homes · Run by Housing Authority of the City of Mineola · Average payment: $447 a month · Average wait: 3 months (903) 569-3519
  • Mineola Seniors Community 1136 N Newsom St, Mineola 75773 48 low-income homes · 1 bd: 44 · 2 bd: 4 · In service since 1993

See all 7 buildings in Wood County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Mineola

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Wood County. The nearest ones are below; many serve by phone or online.

A pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Mineola

No down payment, repair or rent-help program on our list is for Mineola or Wood County. The ones below are statewide in Texas: they work in Mineola the same as in the rest of the state.

Which programs do I qualify for? All programs in Texas

  • My First Texas Home

    Statewide in Texas

    Texas state program for first-time buyers: a 30-year mortgage with down payment assistance. Offered by Texas Department of Housing and Community Affairs (TDHCA).

    DeferredForgivable

    See the program Official page

  • My Choice Texas Home

    Statewide in Texas

    Texas state program with down payment assistance for any buyer, not only first-time buyers. Offered by Texas Department of Housing and Community Affairs (TDHCA).

    DeferredForgivable

    See the program Official page

  • Texas Mortgage Credit Certificate (MCC)

    Statewide in Texas

    Limited funds remain, per the source

    Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return. Offered by Texas Department of Housing and Community Affairs (TDHCA).

    Tax credit

    See the program Official page

Housing counselors near Mineola

The HUD-approved agencies closest to the center of Mineola, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Balance - Dallas

    8330 Lbj Fwy, Dallas · 77 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (800) 777-7526

  • Builders of Hope

    603 Munger Ave, Dallas · 78 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 2 more
    (214) 920-9850

  • BCL of Texas (business and Community Lenders)

    400 S Zang Blvd Ste 1220, Dallas · 79 miles away · Spanish

    Also serves in other languages.

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (214) 688-7456

All counseling agencies in Texas

Help in Spanish near Mineola

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Mineola

HUD’s record names them for Mineola or Wood County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the City of Mineola Public housing (903) 569-3519

2 other authorities have an office in Wood County: see the list Source: HUD

Cities

Nearby cities

The cities closest to Mineola, with the typical home value.

Everything about Wood County Housing in Texas

Neighboring counties

If Wood County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Mineola.

All guides
A man and two girls read a book together on the sofa.

Questions

Housing questions about Mineola

Short answers with the numbers for Mineola and all of Wood County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Mineola?

The typical home value in Mineola is $215,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Wood County it is $216,500.

How much does it cost to rent in Mineola?

Typical rent in Mineola is $931 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Wood County is $1,019.

What is the FHA loan limit in Mineola?

Mineola uses the FHA limit for all of Wood County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Mineola?

The typical homeowner in Mineola pays $1,766 a year, according to the U.S. Census Bureau. That is 0.82% of the home’s value; in Wood County, the rate is 0.88%.

Where can I find free help to buy or rent in Mineola?

We found no HUD-approved counseling agencies with an office in Wood County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).