Living in Milroy, Minnesota

Cost of living, income, home prices, rent and demographics of Milroy · Census data 2020–2024

Milroy has 203 residents with a median age of 32.8. The median household income is $59,583 (33% lower than the Minnesota median), the median home value is $112,500, the median rent is $567/month.

Milroy is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Milroy at a glance

Population
203
Median age
32.8State: 38.8
Median household income
$59,583State: $89,062
Median home value
$112,500State: $329,300
Median rent
$567/moState: $1,280
Homeowners
83.1%
Bachelor's degree or higher
16.1%
Average commute
20 min

Is Milroy a good place to live?

Pros: Home values 66% lower than the state median; an average commute of 20 minutes.

Cons: Median household income 33% lower than the Minnesota median; unemployment of 12.5%; a poverty rate of 15.8%.

The weather is best in June to September.

Cost of living in Milroy

Housing is the biggest part of the cost of living. In Milroy the median home value is $112,500, 66% lower than the U.S. median. Renters pay a median of $567 per month, which is 42.5% of household income. Homeowners with a mortgage pay $1,219 a month in housing costs.

Median home value

Milroy$112,500
Minnesota$329,300
United States$332,700

Median monthly rent

Milroy$567
Minnesota$1,280
United States$1,413

Milroy median household income

The median household income in Milroy is $59,583 and the income per person is $33,830. 15.8% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Milroy$59,583
Minnesota$89,062
United States$80,734

Housing in Milroy: homes for sale and rent

Housing units
91
Owner-occupied
83.1%
Renter-occupied
16.9%
Vacant
8.8%Includes seasonal homes
Median year built
1970
Average household size
2.45

Milroy demographics

Population
203
Median age
32.8
Under 18
24.6%
65 and older
20.2%
Households
83
Foreign-born
0%
Veterans
7.2%Adults 18+

Race and ethnicity

White94.1%
Hispanic or Latino1.5%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Milroy ›

Education in Milroy

16.1% of adults 25 and older in Milroy have a bachelor's degree or higher (Minnesota: 39.4%), and 1.5% have a graduate or professional degree.

Bachelor's degree or higher

Milroy16.1%
Minnesota39.4%
United States35.7%

Jobs and commute in Milroy

Unemployment rate
12.5%State: 4.1%
Average commute
20 minState: 23 min
Work from home
7.4%
Drive alone
76.8%
Public transit
0%
Walk to work
6.3%
Homes with broadband
85.5%

Milroy vs nearby towns

TownPopulationMedian incomeHome valueRent
Milroy203$59,583$112,500$567
Lucan220$40,000$137,500$663
Vesta311$66,875$105,600—
Seaforth100$80,000——
Marshall13,896$68,566$210,300$779
Tracy2,057$67,788$113,400$697
Walnut Grove808$58,125$90,000$621
Wabasso603$63,750$109,600$637
Cottonwood1,061$97,500$176,200$683

More for people moving to Milroy

Milroy ZIP code ›Weather and climate ›

Living in Milroy: FAQ

What is the median household income in Milroy, MN?

The median household income in Milroy is $59,583, 33% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Milroy?

The median home value in Milroy is $112,500, compared with $329,300 in Minnesota.

How much is rent in Milroy?

The median gross rent in Milroy is $567 per month, about 42.5% of household income.

Is Milroy, MN a good place to live?

Pluses: home values 66% lower than the state median; an average commute of 20 minutes. Minuses: median household income 33% lower than the Minnesota median; unemployment of 12.5%; a poverty rate of 15.8%.

What is the median age in Milroy?

The median age in Milroy is 32.8 years (Minnesota: 38.8).

How long is the commute in Milroy?

The average commute to work in Milroy is 20 minutes; 7.4% of workers work from home.

What is the unemployment rate in Milroy?

The unemployment rate in Milroy is 12.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Milroy?

16.1% of adults in Milroy have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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