Milaca, Minnesota Housing

Milaca, Minnesota has a population of 2,900, with a median household income of $48,400.

Current housing data for Milaca.

$195,000

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Population

2,900

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Median Income

$48,400

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Unemployment

4.80%

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Housing Price

$195,000

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Crime Rate

15.40

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Internet Speed

400.00 Mbps

Milaca is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Minnesota, Milaca provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Milaca has a population of 2,900, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Milaca is $48,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Milaca is about $195,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Milaca is 4.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Milaca are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Milaca shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Minnesota, Milaca contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Milaca

What is the population of Milaca?

The population of Milaca is approximately 2,900.

Is Milaca a good place to live?

Milaca offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Milaca?

The median household income in Milaca is around $48,400.

How expensive is housing in Milaca?

The average housing price in Milaca is approximately $195,000.