Millard, MO
Population 75 · Missouri
About Millard, MO
Millard is a small community located in Missouri with a population of 75 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,625 per year, which is 13% below the national median of $75,149. The median age of 50.7 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 Millard features a median home value of $58,300, which is 76% below the national median of $244,900. This makes Millard one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 37 total housing units, 94% are owner-occupied (29 units) and 6% are renter-occupied (2 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Millard shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Millard have an average one-way commute time of 13.6 minutes, one of the shorter commutes in the region.
Education & Demographics
1.9% of Millard 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 16.0% White, 2.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Millard, MO
Compared to national averages, Millard has a median household income of $65,625 (13% below the national median of $75,149). Home values average $58,300, which is 76% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Missouri, Millard's income is 7% above the state average of $61,047, and home values are 61% below the state median of $150,786.
Why Live in Millard, MO?
Millard offers affordable housing with a median home value of $58,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 10.7%, better than the national average, and short commute times averaging just 13.6 minutes.
Potential considerations include median household income ($65,625) that falls below the national average. However, Millard’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Millard has a population of 75 with a median age of 50.7 years. Compare Millard with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Millard
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Arrow Point | 75 | $35,625 | $0 | Compare |
| Glen Allen | 75 | $37,917 | $115,000 | Compare |
| Purdin | 75 | $21,250 | $48,300 | Compare |
| Whitewater | 75 | $48,558 | $101,900 | Compare |
| Clifton Hill | 76 | $45,875 | $20,400 | Compare |
| Moundville | 76 | $50,000 | $0 | Compare |
| Whiting | 76 | $21,161 | $13,200 | Compare |
| Avilla | 73 | $67,500 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Millard
What is the population of Millard, MO?
The population of Millard, MO is 75 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Missouri.
What is the median household income in Millard?
The median household income in Millard, MO is $65,625 per year, which is 13% below the national median of $75,149.
What is the median home value in Millard?
The median home value in Millard, MO is $58,300, which is 76% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Millard?
The median monthly rent in Millard, MO is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Millard?
The unemployment rate in Millard, MO is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Millard, MO a good place to live?
Millard offers a moderate cost of living, affordable housing, and a strong job market. With a population of 75 and a median age of 50.7, the city appeals to established professionals and retirees.
How educated is Millard, MO?
1.9% of residents in Millard 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 Millard?
Key cost-of-living indicators for Millard, MO: median home value is $58,300 (76% below national), median rent is $0/month, and median household income is $65,625. The home-value-to-income ratio is 0.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Millard?
The poverty rate in Millard, MO is 10.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Millard, MO?
Millard's population is 16.0% White, 2.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.7% two or more races. 0.0% of residents are foreign-born.