Living in Mill Spring, Missouri
Cost of living, income, home prices, rent and demographics of Mill Spring · Census data 2020–2024
Mill Spring has 145 residents with a median age of 48.5. The median household income is $24,250 (66% lower than the Missouri median), the median home value is $21,700, the median rent is $363/month.
Mill Spring is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Mill Spring at a glance
- Population
- 145
- Median age
- 48.5State: 39
- Median household income
- $24,250State: $70,702
- Median home value
- $21,700State: $230,300
- Median rent
- $363/moState: $1,033
- Homeowners
- 85.2%
- Bachelor's degree or higher
- 8.7%
- Average commute
- 34 min
Is Mill Spring a good place to live?
Pros: Home values 91% lower than the state median; unemployment of 2.4%.
Cons: Median household income 66% lower than the Missouri median; an average commute of 34 minutes; a poverty rate of 44.4%.
The weather is best in April–May and September–October.
Cost of living in Mill Spring
Housing is the biggest part of the cost of living. In Mill Spring the median home value is $21,700, 93% lower than the U.S. median. Renters pay a median of $363 per month, which is 27.5% of household income. Homeowners with a mortgage pay $825 a month in housing costs.
Mill Spring median household income
The median household income in Mill Spring is $24,250 and the income per person is $12,714. 44.4% of residents live below the poverty line (Missouri: 12.6%).
Housing in Mill Spring: homes for sale and rent
- Housing units
- 82
- Owner-occupied
- 85.2%
- Renter-occupied
- 14.8%
- Vacant
- 25.6%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.38
Mill Spring demographics
- Population
- 145
- Median age
- 48.5
- Under 18
- 18.6%
- 65 and older
- 20%
- Households
- 61
- Foreign-born
- 0%
- Veterans
- 13.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Mill Spring ›
Education in Mill Spring
8.7% of adults 25 and older in Mill Spring have a bachelor's degree or higher (Missouri: 32.4%), and 6.8% have a graduate or professional degree.
Jobs and commute in Mill Spring
- Unemployment rate
- 2.4%State: 4%
- Average commute
- 34 minState: 24 min
- Work from home
- 0%
- Drive alone
- 92.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 85.2%
Mill Spring vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mill Spring | 145 | $24,250 | $21,700 | $363 |
| Piedmont | 2,911 | $40,019 | $97,700 | $663 |
| Williamsville | 284 | $30,625 | $56,400 | $715 |
| Ellsinore | 678 | $52,010 | $150,800 | $688 |
| Greenville | 418 | $41,400 | $97,700 | $484 |
| Des Arc | 181 | $80,938 | $80,400 | $432 |
| Grandin | 352 | $29,250 | $32,900 | $541 |
| Van Buren | 1,161 | $20,560 | $103,400 | $313 |
| Ellington | 1,057 | $36,205 | $71,300 | $674 |
More for people moving to Mill Spring
Mill Spring ZIP code ›Weather and climate ›Living in Mill Spring: FAQ
What is the median household income in Mill Spring, MO?
The median household income in Mill Spring is $24,250, 66% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Mill Spring?
The median home value in Mill Spring is $21,700, compared with $230,300 in Missouri.
How much is rent in Mill Spring?
The median gross rent in Mill Spring is $363 per month, about 27.5% of household income.
Is Mill Spring, MO a good place to live?
Pluses: home values 91% lower than the state median; unemployment of 2.4%. Minuses: median household income 66% lower than the Missouri median; an average commute of 34 minutes; a poverty rate of 44.4%.
What is the median age in Mill Spring?
The median age in Mill Spring is 48.5 years (Missouri: 39).
How long is the commute in Mill Spring?
The average commute to work in Mill Spring is 34 minutes; 0% of workers work from home.
What is the unemployment rate in Mill Spring?
The unemployment rate in Mill Spring is 2.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mill Spring?
8.7% of adults in Mill Spring 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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