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Mill

Learn about the people, housing, costs and businesses in Mill, Oregon

Median Home$392,516
Median Rent$1,157/month
Population1,740
Leading IndustriesEducation · Professional Services · Wholesale Trade5% education
Home Value Growth+7.2% over 2 years
Retirees22% of residentsnear the national average
Homeowners79% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableTransit80/100 · excellent transit access
Mill City
OR

Frequently Asked Questions

What are today's mortgage rates in Mill?

As of today, the 30-year fixed mortgage rate for Mill is approximately 6.850% (6.885% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Mill?

The median home value in Mill is $393k. The median monthly rent is $1,157. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mill?

Home values in Mill have increased 7.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Mill?

Based on a typical all-in ownership cost of $1,239/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mill is $79k/year.

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What industries drive the economy in Mill?

The largest employment sectors in Mill are public administration (24%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.