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Millersville

Learn about the people, housing, costs and businesses in Millersville, Missouri

Median Home$192,600
Median Rent$1,076/month
Population242
Leading IndustriesManufacturing · Education1% manufacturing
Home Value Growth⬆⬆+13.6% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners89% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Millersville
MO

Frequently Asked Questions

What are today's mortgage rates in Millersville?

As of today, the 30-year fixed mortgage rate for Millersville is approximately 6.995% (7.038% 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 Millersville?

The median home value in Millersville is $193k. The median monthly rent is $1,076. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Millersville?

Home values in Millersville have increased 13.6% 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 Millersville?

Based on a typical all-in ownership cost of $949/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Millersville is $69k/year.

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What industries drive the economy in Millersville?

The largest employment sectors in Millersville are public administration (23%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.