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Millerville

Learn about the people, housing, costs and businesses in Millerville, Minnesota

Median Home$354,200
Median Rent$859/month
Population103
Leading IndustriesWholesale Trade · Transportation · Construction13% wholesale trade
Home Value Growth+6.9% over 2 years
Retirees24% of residentsslightly above average
Homeowners88% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableHigh Incomes$86k/year · top 29% nationally
Millerville
MN

Frequently Asked Questions

What are today's mortgage rates in Millerville?

As of today, the 30-year fixed mortgage rate for Millerville is approximately 6.965% (7.004% 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 Millerville?

The median home value in Millerville is $354k. The median monthly rent is $859. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Millerville?

Home values in Millerville have increased 6.9% 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 Millerville?

Based on a typical all-in ownership cost of $1,085/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Millerville is $86k/year.

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What industries drive the economy in Millerville?

The largest employment sectors in Millerville are public administration (22%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.