Millsboro, Delaware Median Income

Millsboro, Delaware has a population of 7,261, with a median household income of $62,000.

Current median income data for Millsboro.

$62,000

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Population

7,261

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Median Income

$62,000

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Unemployment

6.80%

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Housing Price

$320,000

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Crime Rate

30.00

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Internet Speed

160.00 Mbps

Millsboro is a small local community located in Delaware. The city has a population that is above the average city population in Delaware, 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.

Millsboro is a notable city in Delaware, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Millsboro has a population of 7,261, which is higher than the state average. This indicates a relatively larger urban presence within Delaware.

Income and Economy

The median household income in Millsboro is $62,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Millsboro is about $320,000, making it relatively affordable compared to many cities in Delaware.

Employment and Safety

The unemployment rate in Millsboro is 6.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Millsboro are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

Overall, Millsboro offers a balanced mix of economic conditions, population trends, and housing opportunities within Delaware.

Frequently Asked Questions about Millsboro

What is the population of Millsboro?

The population of Millsboro is approximately 7,261.

Is Millsboro a good place to live?

Millsboro 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 Millsboro?

The median household income in Millsboro is around $62,000.

How expensive is housing in Millsboro?

The average housing price in Millsboro is approximately $320,000.