Millington—60537
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Millington
Home Price Trends — Millington
Millington lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $280,000 | 5.0% |
| Single Family | $280,000 | 4.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Millington
Millington lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Millington
Millington lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $192,000 | N/A |
Listing Count | 1 | N/A |
| Listings as % of Homes | 0.7% | N/A |
Days on Market | 34 | N/A |
Demographics — Millington
As of the latest ACS Survey released in 2023, Millington has a population of 671, which has increased by 3.7% over the past 5 years. Millington is a popular place for families, as children make up 27.7% of the population. The area has a poorly educated workforce, with 18.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 671 | 3.7% |
% Under 18 | 27.7% | 12.1% |
% Seniors | 15.2% | 83.1% |
% WFH | 6.8% | 142.9% |
% w/ College Degree | 18.1% | -12.1% |
As of the latest ACS Survey released in 2023, Millington is a predominantly white area, with 87.9% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Millington is hispanic, making up 7.3% of the population. Foreign-born residents account for 0.4% of the population in Millington, and this percentage has decreased by 20.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.9% | -7.2% |
% Black | 2.7% | ∞% |
% Hispanic | 7.3% | 37.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | -20.0% |
Mortgage and Risk — Millington
Millington lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Millington
Millington lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,200 |
| 2 Bedroom | N/A | N/A | $1,570 |
| 3 Bedroom | N/A | N/A | $2,210 |
| 4 Bedroom | N/A | N/A | $2,310 |
Affordability — Millington
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $280,000 |
| Median Household Income | $79,800 |