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ZipNumbers

Minnesota · Census place 42362

Milroy city, MN

Quick answer

Milroy city has 213 residents, ranking #677 of 914 places in Minnesota. Median household income is $61,875, the median home is worth $103,100 and median gross rent runs $550 a month.

Population
213Milroy city residents
Median household income
$61,875Past 12 months, inflation adjusted
Median home value
$103,100Owner-occupied units
Median gross rent
$550Rent plus utilities, monthly
Median age
32.8 yrsAll residents
Homeownership rate
85.5%Owner-occupied households

What the numbers mean in Milroy city

Housing cost measured against local earnings.

A household earning the Milroy city median would spend about 10.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.6% of residents and 85.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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