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Millbrook

Learn about the people, housing, costs and businesses in Millbrook, New York

Median Home$485,200
Median Rent$1,093/month
Population1,346
Leading IndustriesFinance & Insurance · Information & Media · Construction11% finance & insurance
Home Value Growth⬆⬆⬆+27.1% over 2 years
Retirees34% of residentstop 4% nationally
Homeowners55% of occupied units
NotableAmenity Score77/100 · highly walkable area
Millbrook
NY

Frequently Asked Questions

What are today's mortgage rates in Millbrook?

As of today, the 30-year fixed mortgage rate for Millbrook is approximately 6.838% (6.872% 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 Millbrook?

The median home value in Millbrook is $485k. The median monthly rent is $1,093. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Millbrook?

Home values in Millbrook have increased 27.1% over the past two years. This indicates a strong appreciation trend. 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 Millbrook?

Based on a typical all-in ownership cost of $1,412/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Millbrook is $74k/year.

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What industries drive the economy in Millbrook?

The largest employment sectors in Millbrook are public administration (29%) and agriculture and mining (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.