Millstadt, IL
Population 4,013 · Illinois
About Millstadt, IL
Millstadt is a small town located in Illinois with a population of 4,013 residents according to the latest US Census Bureau American Community Survey data. The median household income is $94,536 per year, which is 26% above the national median of $75,149. The median age of 46.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Millstadt features a median home value of $205,400, which is 16% below the national median of $244,900. This positions Millstadt in a moderately priced market relative to the rest of the country. Median monthly rent is $1,110, 5% below the national average of $1,163/month. Of the 1,713 total housing units, 83% are owner-occupied (1,375 units) and 17% are renter-occupied (289 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Millstadt shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 7.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Millstadt have an average one-way commute time of 22.5 minutes.
Education & Demographics
32.0% of Millstadt residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.0% White, 2.6% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 0.3% of the population being foreign-born.
Cost of Living in Millstadt, IL
Compared to national averages, Millstadt has a median household income of $94,536 (26% above the national median of $75,149). Home values average $205,400, which is 16% below the national median. Monthly rent at $1,110 is 5% below the US average of $1,163. Within Illinois, Millstadt's income is 26% above the state average of $75,072, and home values are 24% above the state median of $165,779.
Why Live in Millstadt, IL?
Millstadt offers a strong local economy with a median household income of $94,536, well above the national average, and affordable housing with a median home value of $205,400, below the US average of $244,900, and rent that’s lower than the national average at $1,110/month. Additionally, the city features a low poverty rate of 7.9%, better than the national average, and short commute times averaging just 22.5 minutes.
Millstadt has a population of 4,013 with a median age of 46.3 years. Compare Millstadt with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Millstadt
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Indian Head Park | 3,992 | $107,019 | $337,700 | Compare |
| Riverwoods | 3,988 | $243,036 | $796,100 | Compare |
| Marshall | 3,987 | $70,950 | $118,500 | Compare |
| Rosewood Heights | 4,047 | $80,753 | $125,900 | Compare |
| Burnham | 3,978 | $55,708 | $146,400 | Compare |
| Sparta | 4,070 | $63,401 | $120,500 | Compare |
| Marseilles | 4,071 | $56,777 | $119,100 | Compare |
| Green Oaks | 4,085 | $133,472 | $653,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Millstadt With Other Cities
Frequently Asked Questions about Millstadt
What is the population of Millstadt, IL?
The population of Millstadt, IL is 4,013 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Millstadt?
The median household income in Millstadt, IL is $94,536 per year, which is 26% above the national median of $75,149.
What is the median home value in Millstadt?
The median home value in Millstadt, IL is $205,400, which is 16% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Millstadt?
The median monthly rent in Millstadt, IL is $1,110, which is 5% below the national average of $1,163/month.
What is the unemployment rate in Millstadt?
The unemployment rate in Millstadt, IL is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Millstadt, IL a good place to live?
Millstadt offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 4,013 and a median age of 46.3, the city appeals to established professionals and retirees.
How educated is Millstadt, IL?
32.0% of residents in Millstadt aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Millstadt?
Key cost-of-living indicators for Millstadt, IL: median home value is $205,400 (16% below national), median rent is $1,110/month, and median household income is $94,536. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Millstadt?
The poverty rate in Millstadt, IL is 7.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Millstadt, IL?
Millstadt's population is 1.0% White, 2.6% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 0.0% two or more races. 0.3% of residents are foreign-born.