Mills, WY
Population 4,315 · Wyoming
About Mills, WY
Mills is a small town located in Wyoming with a population of 4,315 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,594 per year, which is 26% below the national median of $75,149. The median age of 37.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Mills features a median home value of $166,800, which is 32% below the national median of $244,900. This positions Mills in a moderately priced market relative to the rest of the country. Median monthly rent is $1,047, 10% below the national average of $1,163/month. Of the 2,011 total housing units, 74% are owner-occupied (1,372 units) and 26% are renter-occupied (473 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mills shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 10.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Mills have an average one-way commute time of 22.4 minutes.
Education & Demographics
12.1% of Mills 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 14.8% White, 2.2% Hispanic or Latino, 0.0% Black or African American, and 1.4% Asian residents, with 6.4% of the population being foreign-born.
How Mills Ranks in Wyoming
Cost of Living in Mills, WY
Compared to national averages, Mills has a median household income of $55,594 (26% below the national median of $75,149). Home values average $166,800, which is 32% below the national median. Monthly rent at $1,047 is 10% below the US average of $1,163. Within Wyoming, Mills's income is 31% below the state average of $80,049, and home values are 45% below the state median of $302,372.
Why Live in Mills, WY?
Mills offers affordable housing with a median home value of $166,800, below the US average of $244,900, and rent that’s lower than the national average at $1,047/month, and a low poverty rate of 10.0%, better than the national average. Additionally, the city features short commute times averaging just 22.4 minutes.
Potential considerations include median household income ($55,594) that falls below the national average. However, Mills’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mills has a population of 4,315 with a median age of 37.5 years. Compare Mills with other cities to see how it stacks up, or explore all cities in Wyoming.
Similar Cities Near Mills
Cities in Wyoming with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fox Farm-College | 4,224 | $45,917 | $0 | Compare |
| Buffalo | 4,516 | $61,813 | $272,300 | Compare |
| South Greeley | 4,596 | $53,625 | $77,800 | Compare |
| Worland | 4,788 | $60,603 | $176,300 | Compare |
| Wheatland | 3,570 | $55,908 | $236,400 | Compare |
| Newcastle | 3,348 | $77,014 | $173,500 | Compare |
| Bar Nunn | 2,980 | $110,598 | $287,800 | Compare |
| Glenrock | 2,806 | $65,660 | $218,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wyoming
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Mills With Other Cities
Frequently Asked Questions about Mills
What is the population of Mills, WY?
The population of Mills, WY is 4,315 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Wyoming.
What is the median household income in Mills?
The median household income in Mills, WY is $55,594 per year, which is 26% below the national median of $75,149.
What is the median home value in Mills?
The median home value in Mills, WY is $166,800, which is 32% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mills?
The median monthly rent in Mills, WY is $1,047, which is 10% below the national average of $1,163/month.
What is the unemployment rate in Mills?
The unemployment rate in Mills, WY is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mills, WY a good place to live?
Mills offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 4,315 and a median age of 37.5, the city appeals to a broad range of residents.
How educated is Mills, WY?
12.1% of residents in Mills 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 Mills?
Key cost-of-living indicators for Mills, WY: median home value is $166,800 (32% below national), median rent is $1,047/month, and median household income is $55,594. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mills?
The poverty rate in Mills, WY is 10.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Mills, WY?
Mills's population is 14.8% White, 2.2% Hispanic or Latino, 0.0% Black or African American, 1.4% Asian, and 1.1% two or more races. 6.4% of residents are foreign-born.