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Millport

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

Median Home$171,800
Median Rent$827/month
Population296
Leading IndustriesRetail · Public Administration · Manufacturing21% retail
Home Value Growth+6.2% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners87% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Millport
NY

Frequently Asked Questions

What are today's mortgage rates in Millport?

As of today, the 30-year fixed mortgage rate for Millport is approximately 6.881% (6.917% 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 Millport?

The median home value in Millport is $172k. The median monthly rent is $827. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Millport?

Home values in Millport have increased 6.2% 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 Millport?

Based on a typical all-in ownership cost of $1,013/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Millport is $74k/year.

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What industries drive the economy in Millport?

The largest employment sectors in Millport are public administration (29%) and retail (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.