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Milroy, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
203
Population
$59,583
Median Income
$112,500
Home Value
32.8
Median Age

Demographics

Milroy has a population of 203 with a median age of 32.8. Here is the racial and ethnic breakdown of the population:

White
94.1%
Other
4.4%
Hispanic
1.5%
Demographic Value
Total Population203
Median Age32.8
White94.1%
Hispanic or Latino1.5%
Other / Two or More Races4.4%
Milroy, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 94.1%Other: 4.4%Other: 1.5%203PopulationWhiteWhite94.1%OtherOther4.4%OtherOther1.5%

Income & Economy

The median household income in Milroy is $59,583, which is 26.1% below the national median of $80,610. The per capita income is $33,830. The poverty rate is 15.8%.

$59,583
Median Household Income
$33,830
Per Capita Income
15.8%
Poverty Rate

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Education

In Milroy, 98.5% of residents age 25+ have a high school diploma or higher, and 16.1% hold a bachelor's degree or higher (1.5% with a graduate or professional degree).

HS Diploma+
98.5%
Bachelor's+
16.1%
Graduate+
1.5%
Education Level % of Adults (25+)
High School Diploma or Higher98.5%
Bachelor's Degree or Higher16.1%
Graduate or Professional Degree1.5%

Housing

The median home value in Milroy is $112,500, below the national median of $303,400. The median monthly rent is $567. The homeownership rate is 83.1%.

$112,500
Median Home Value
$567/mo
Median Rent
83.1%
Homeownership Rate
Housing Metric Value
Median Home Value$112,500
Median Monthly Rent$567
Homeownership Rate83.1%
Vacancy Rate8.8%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Milroy, Minnesota?
The population of Milroy, Minnesota is 203 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Milroy, Minnesota?
The median household income in Milroy, Minnesota is $59,583. This is 26.1% below the national median of $80,610.
What is the median home value in Milroy, Minnesota?
The median home value in Milroy, Minnesota is $112,500. The median monthly rent is $567.
What percentage of people in Milroy have a college degree?
In Milroy, Minnesota, 16.1% of adults age 25 and older hold a bachelor's degree or higher, and 98.5% have a high school diploma or higher.
Is Milroy, Minnesota an affordable place to live?
The home price-to-income ratio in Milroy, Minnesota is 1.9x (median home value $112,500 vs. median income $59,583), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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