The typical owner-occupied home in Milton Mills is worth about $366,000, 9% below the New Hampshire median of $402,500 and 10% above the national median of $332,700. The median household earns $250,001 a year, so the median home costs 1.5 times the median income (4.1 times for New Hampshire). 100% of occupied homes here are lived in by their owners, and 24% of those owners still have a mortgage.
Milton Mills at a glance
| Milton Mills | New Hampshire | U.S. | |
|---|---|---|---|
| Median home value | $366,000 | $402,500 | $332,700 |
| Median property tax paid per year | – | $6,667 | $3,119 |
| Median household income | $250,001 | $99,031 | $80,734 |
| Homes lived in by their owners | 100% | 73% | 65% |
| Owner homes with a mortgage | 24% | 62% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,367 | $1,963 |
| Median rent | – | $1,491 | $1,413 |
| Median year homes were built | 1938 | 1979 | 1980 |
| Vacant homes | 0.0% | 14.3% | 10.1% |
| Population | 72 | 1,394,868 | 334,922,499 |
What a typical home costs per month in Milton Mills
At this week's average 30-year rate of 7.11%, buying the median Milton Mills home of $366,000 with 20% down costs about $2,458 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,067, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $105,329 for the 20%-down payment. That payment is 12% of the median Milton Mills household income of $250,001; at that income and 20% down, the 28% guideline points to a home of about $869,000.
| Down payment | $73,200 |
|---|---|
| Loan amount | $292,800 |
| Principal and interest | $1,970 |
| Property taxes (1.10% a year) | $336 |
| Homeowners insurance (our estimate, 0.5% a year) | $152 |
| PMI | $0 |
| Total per month | $2,458 |
Change the numbers in the calculator
| Down payment | $12,810 |
|---|---|
| Loan amount | $359,371 |
| Principal and interest | $2,418 |
| Property taxes (1.10% a year) | $336 |
| Homeowners insurance (our estimate, 0.5% a year) | $152 |
| FHA mortgage insurance | $162 |
| Total per month | $3,067 |
Change the numbers in the calculator
Questions about home buying in Milton Mills
What is the median home value in Milton Mills?
About $366,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Milton Mills?
For the median home with 20% down at 7.11%, the payment is about $2,458 a month. Keeping that under 28% of gross income takes about $105,329 a year.
More about Milton Mills
- Mortgage Refinance in Milton Mills
- Debt Relief in Milton Mills
- Home Equity Loans in Milton Mills
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data