Millville, MN
Population 267 · Minnesota
About Millville, MN
Millville is a small community located in Minnesota with a population of 267 residents according to the latest US Census Bureau American Community Survey data. The median household income is $90,938 per year, which is 21% above the national median of $75,149. The median age of 26.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Millville features a median home value of $144,300, which is 41% below the national median of $244,900. This makes Millville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $763, 34% below the national average of $1,163/month. Of the 81 total housing units, 73% are owner-occupied (53 units) and 27% are renter-occupied (20 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Millville shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Millville have an average one-way commute time of 31.1 minutes.
Education & Demographics
16.4% of Millville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.4% Hispanic or Latino, 28.1% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Millville, MN
Compared to national averages, Millville has a median household income of $90,938 (21% above the national median of $75,149). Home values average $144,300, which is 41% below the national median. Monthly rent at $763 is 34% below the US average of $1,163. Within Minnesota, Millville's income is 23% above the state average of $74,221, and home values are 29% below the state median of $204,472.
Why Live in Millville, MN?
Millville offers a strong local economy with a median household income of $90,938, well above the national average, and affordable housing with a median home value of $144,300, below the US average of $244,900, and rent that’s lower than the national average at $763/month. Additionally, the city features a strong job market with an unemployment rate of just 2.2%, and a low poverty rate of 3.0%, better than the national average.
Millville has a population of 267 with a median age of 26.7 years. Compare Millville with other cities to see how it stacks up, or explore all cities in Minnesota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Millville
What is the population of Millville, MN?
The population of Millville, MN is 267 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Millville?
The median household income in Millville, MN is $90,938 per year, which is 21% above the national median of $75,149.
What is the median home value in Millville?
The median home value in Millville, MN is $144,300, which is 41% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Millville?
The median monthly rent in Millville, MN is $763, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Millville?
The unemployment rate in Millville, MN is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Millville, MN a good place to live?
Millville offers above-average incomes, affordable housing, and a strong job market. With a population of 267 and a median age of 26.7, the city appeals to young professionals and families.
How educated is Millville, MN?
16.4% of residents in Millville 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 Millville?
Key cost-of-living indicators for Millville, MN: median home value is $144,300 (41% below national), median rent is $763/month, and median household income is $90,938. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Millville?
The poverty rate in Millville, MN is 3.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Millville, MN?
Millville's population is 0.0% White, 0.4% Hispanic or Latino, 28.1% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.