Living in Mill Neck, New York

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

Mill Neck has 1,136 residents with a median age of 54.1. The median household income is $196,359 (128% higher than the New York median), the median home value is $1,368,800, the median rent is $3,501/month.

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

Mill Neck at a glance

Population
1,136
Median age
54.1State: 39.8
Median household income
$196,359State: $85,974
Median home value
$1,368,800State: $423,800
Median rent
$3,501/moState: $1,621
Homeowners
85.5%
Bachelor's degree or higher
72.3%
Average commute
38 min

Is Mill Neck a good place to live?

Pros: Median household income 128% higher than the New York median; unemployment of 6.4%; a poverty rate of 5.7%.

Cons: Home values 223% higher than the state median; an average commute of 38 minutes.

The weather is best in June to September.

Cost of living in Mill Neck

Housing is the biggest part of the cost of living. In Mill Neck the median home value is $1,368,800, 311% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 41.7% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

Mill Neck$1,368,800
New York$423,800
United States$332,700

Median monthly rent

Mill Neck$3,501
New York$1,621
United States$1,413

Mill Neck median household income

The median household income in Mill Neck is $196,359 and the income per person is $120,275. 5.7% of residents live below the poverty line (New York: 14%).

Median household income

Mill Neck$196,359
New York$85,974
United States$80,734

Housing in Mill Neck: homes for sale and rent

Housing units
446
Owner-occupied
85.5%
Renter-occupied
14.5%
Vacant
7.4%Includes seasonal homes
Median year built
1959
Average household size
2.75

Mill Neck demographics

Population
1,136
Median age
54.1
Under 18
19.8%
65 and older
31.2%
Households
413
Foreign-born
13.7%
Veterans
4.8%Adults 18+

Race and ethnicity

White81.5%
Hispanic or Latino8.8%
Black0%
Asian10.2%

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

Education in Mill Neck

72.3% of adults 25 and older in Mill Neck have a bachelor's degree or higher (New York: 40.2%), and 37.8% have a graduate or professional degree.

Bachelor's degree or higher

Mill Neck72.3%
New York40.2%
United States35.7%

Jobs and commute in Mill Neck

Unemployment rate
6.4%State: 6.4%
Average commute
38 minState: 33 min
Work from home
16%
Drive alone
70.2%
Public transit
8.9%
Walk to work
0.4%
Homes with broadband
94.2%

Mill Neck vs nearby towns

TownPopulationMedian incomeHome valueRent
Mill Neck1,136$196,359$1,368,800$3,501
Locust Valley4,153$152,472$846,500$2,324
Bayville6,744$149,191$710,000$2,127
Oyster Bay7,308$111,264$695,500$2,225
Lattingtown1,962$250,001$1,633,900$3,501
Centre Island264$218,036$2,000,000—
Upper Brookville2,004$250,001$2,000,001$1,750
East Norwich2,697$204,071$828,100—
Oyster Bay Cove2,075$250,001$1,714,700$2,500

More for people moving to Mill Neck

Mill Neck ZIP code ›Weather and climate ›

Living in Mill Neck: FAQ

What is the median household income in Mill Neck, NY?

The median household income in Mill Neck is $196,359, 128% higher than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Mill Neck?

The median home value in Mill Neck is $1,368,800, compared with $423,800 in New York.

How much is rent in Mill Neck?

The median gross rent in Mill Neck is $3,501 per month, about 41.7% of household income.

Is Mill Neck, NY a good place to live?

Pluses: median household income 128% higher than the New York median; unemployment of 6.4%; a poverty rate of 5.7%. Minuses: home values 223% higher than the state median; an average commute of 38 minutes.

What is the median age in Mill Neck?

The median age in Mill Neck is 54.1 years (New York: 39.8).

How long is the commute in Mill Neck?

The average commute to work in Mill Neck is 38 minutes; 16% of workers work from home.

What is the unemployment rate in Mill Neck?

The unemployment rate in Mill Neck is 6.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Mill Neck?

72.3% of adults in Mill Neck 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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