The typical owner-occupied home in Millston is worth about $133,900, 50% below the Wisconsin median of $266,500 and 60% below the national median of $332,700. Owners pay a median $1,365 a year in property taxes, about 1.02% of their home's value, lower than the Wisconsin rate of 1.42%. The median household earns $51,250 a year, so the median home costs 2.6 times the median income (3.4 times for Wisconsin). 88% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.
Millston at a glance
| Millston | Wisconsin | U.S. | |
|---|---|---|---|
| Median home value | $133,900 | $266,500 | $332,700 |
| Median property tax paid per year | $1,365 | $3,792 | $3,119 |
| Property tax as a share of value | 1.02% | 1.42% | 0.94% |
| Median household income | $51,250 | $77,485 | $80,734 |
| Homes lived in by their owners | 88% | 68% | 65% |
| Owner homes with a mortgage | 43% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $843 | $1,689 | $1,963 |
| Those costs as a share of the owners' income | 17.5% | 19.5% | 21.0% |
| Median rent | – | $1,087 | $1,413 |
| Median year homes were built | 1970 | 1975 | 1980 |
| Vacant homes | 6.5% | 10.8% | 10.1% |
| Population | 114 | 5,914,872 | 334,922,499 |
What a typical home costs per month in Millston
At this week's average 30-year rate of 7.11%, buying the median Millston home of $133,900 with 20% down costs about $890 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,113, 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 $38,152 for the 20%-down payment. That payment is 21% of the median Millston household income of $51,250; at that income and 20% down, the 28% guideline points to a home of about $180,000.
| Down payment | $26,780 |
|---|---|
| Loan amount | $107,120 |
| Principal and interest | $721 |
| Property taxes (1.02% a year) | $114 |
| Homeowners insurance (our estimate, 0.5% a year) | $56 |
| PMI | $0 |
| Total per month | $890 |
Change the numbers in the calculator
| Down payment | $4,686 |
|---|---|
| Loan amount | $131,475 |
| Principal and interest | $884 |
| Property taxes (1.02% a year) | $114 |
| Homeowners insurance (our estimate, 0.5% a year) | $56 |
| FHA mortgage insurance | $59 |
| Total per month | $1,113 |
Change the numbers in the calculator
Questions about home buying in Millston
What is the median home value in Millston?
About $133,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Millston?
Homeowners pay a median $1,365 a year, which is about 1.02% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Millston?
For the median home with 20% down at 7.11%, the payment is about $890 a month. Keeping that under 28% of gross income takes about $38,152 a year.
More about Millston
- Mortgage Refinance in Millston
- Debt Relief in Millston
- Home Equity Loans in Millston
- 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