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Miller Place

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

Median Home$633,894
Median Rent$1,423/month
Population11,775
Leading IndustriesPublic Administration · Finance & Insurance · Information & Media28% public administration
Home Value Growth+11.0% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners86% of occupied units
NotableHigh Incomes$159k/year · top 3% nationally
NotableAmenity Score70/100 · highly walkable area
Miller Place
NY

Frequently Asked Questions

What are today's mortgage rates in Miller Place?

As of today, the 30-year fixed mortgage rate for Miller Place is approximately 6.940% (6.978% 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 Miller Place?

The median home value in Miller Place is $634k. The median monthly rent is $1,423. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Miller Place?

Home values in Miller Place have increased 11.0% 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 Miller Place?

Based on a typical all-in ownership cost of $2,950/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $126k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Miller Place is $159k/year.

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What industries drive the economy in Miller Place?

The largest employment sectors in Miller Place are public administration (28%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.