Millis, MA
Maps & Population Facts
Population
8,144
Population Density
677
Labor Participaton
64.3%
Bachelor's or Higher
53.3%
Median Household Income
$100,230
Median Individual Income
$50,676
Median Individual Income(Full-time Workers Only)
$74,297
Housing Estimates
Median House Value
$387,100
Median Gross Rent
$1,557
Median Mortgage Payment
$2,315
Housing Units
3,228
People who reside in Millis live in:
Detached - Single Family Homes
72%
Apt, Condo, Other
28%
Analysis
Income
Households in Millis earn significantly more money than the national median income, averaging 66% higher per household.
Housing
Millis has a median house price of $387,100. The cost of homeownership is higher than most areas. The cost of renting in Millis is 54% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 7% |
Demographics
The median age in Millis is 45. Millis has a population that is significantly older than in comparison to the US median age.
Millis ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Millis | Massachusetts | USA | |
Median Property Value | 387,100 | 385,400 | 217,600 |
Median Mortgage Payment | 2,315 | 2,108 | 1,513 |
Median Gross Rent | 1,557 | 1,208 | 1,012 |
Property Vacancy | 4.0% | 10.0% | 12.6% |
% Renters | 16% | 38% | 36% |
Residents per Sq. Mi. | 677 | 885 | 93 |
Personal Comparison
Millis | Massachusetts | USA | |
Median Household Income | 100,230 | 77,385 | 60,336 |
Median Individual Income | 50,676 | 41,700 | 33,646 |
Median Income (Full-Time) | 74,297 | 60,923 | 46,881 |
Median Age | 45.3 | 39.5 | 38.1 |
Labor Participation | 64.3% | 67.8% | 62.8% |
Attained College Degree | 53.3% | 43.4% | 32.0% |
Population Density Analysis
Millis, MA
677
Residents per Sq. Mile
The population density of Millis is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +