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ZipNumbers

Minnesota · Census place 46060

New York Mills city, MN

Quick answer

New York Mills city has 1,319 residents, ranking #314 of 914 places in Minnesota. Median household income is $51,696, the median home is worth $144,900 and median gross rent runs $712 a month.

Population
1,319New York Mills city residents
Median household income
$51,696Past 12 months, inflation adjusted
Median home value
$144,900Owner-occupied units
Median gross rent
$712Rent plus utilities, monthly
Median age
35.4 yrsAll residents
Homeownership rate
57.7%Owner-occupied households

What the numbers mean in New York Mills city

Housing cost measured against local earnings.

A household earning the New York Mills city median would spend about 16.5% 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 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.4% of residents and 57.7% 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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