What is the median home price in Milaca?

The median home price in Milaca, Milaca city, Minnesota is $164,600, which is 42% below the national average of 281,900 ($281,900).

Milaca, Milaca city, Minnesota has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.7 per 1,000 residents.

What is the median household income in Milaca?

The median household income in Milaca, Milaca city, Minnesota is $46,218, which is 38% below the national average of 74,580 ($74,580).

What is the average rent in Milaca?

The median rent in Milaca, Milaca city, Minnesota is $811 per month. The national average median rent is $1,163/month.

What is the population of Milaca?

The population of Milaca, Milaca city, Minnesota is approximately 3,031. The homeownership rate is 57.7% (national average: 65.9%).

What is the unemployment rate in Milaca?

The unemployment rate in Milaca, Milaca city, Minnesota is 0.9%. The national average unemployment rate is 3.7%. The poverty rate is 17.8% (national average: 12.4%).

Milaca

Milaca city, Minnesota

Affordable

About Milaca

Alright, let me paint you a picture of Milaca, a charming town in the heart of Minnesota. With a population just over 3,000, Milaca offers a tight-knit community feel that's increasingly rare. The real draw? Affordability. You're looking at a median home value of around $164,600, a stark contrast to the national average. That means you can get a lot of house for your money, making it an excellent option for first-time homebuyers or those looking to downsize without sacrificing quality of life. The pace here is relaxed, and the focus is on enjoying the simple things – friendly neighbors, local events, and the beauty of the surrounding Minnesota landscape.

From an investment perspective, Milaca presents a compelling case. While the median household income sits around $46,218, the lower cost of living makes it manageable. The town offers a safe environment, perfect for families and anyone seeking peace of mind. While I don't have walkability scores available, this area is best suited for those who appreciate a slower pace, value affordability, and enjoy the outdoors. Whether you are looking for a starter home, a place to retire, or a smart investment, Milaca provides a solid foundation for a comfortable and budget-friendly lifestyle.

Milaca, Minnesota at a Glance

Milaca is a city in Milaca city, Minnesota with a population of approximately 3,031. The median home value is $164,600 and the median household income is $46,218.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $811 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.