City

Milroy, MN

1 ZIP code  ·  Redwood County  ·  Minnesota

👥452Population
💰$73,750Median HH Income≈ Avg
🎂39.4Median Age
🏠$162,000Median Home Value▼ 42% below avg
🎓38.9%College Grads≈ Avg
📊6.0%Unemployment▲ 22% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 54.9% Female 45.1% ♀

Race & Ethnicity

White: 92.5%Hispanic: 0.7%Asian: 2.2%Other: 4.7%Race
White92.5%
Hispanic0.7%
Asian2.2%
Other4.7%

Age Breakdown

Under 5
8%
5–17
17%
18–24
8%
25–44
21%
45–64
24%
65+
10%

Key Indicators

Median Age39.4 yrs
Avg HH Size2.51
Below Poverty10.4% ≈ Avg
College Grads38.9% ≈ Avg
Unemployment6.0% ▲ 22% above avg
No HS Diploma4 (1.3%)
HS Graduate63 (21.1%)
Some College37 (12.4%)
Associates78 (26.2%)
Bachelors50 (16.8%)
Graduate Degree66 (22.1%)

Education

No HS: 1.3%HS Grad: 21.1%Some College: 12.4%Associates: 26.2%Bachelors: 16.8%Graduate: 22.1%Edu
No HS1.3%
HS Grad21.1%
Some College12.4%
Associates26.2%
Bachelors16.8%
Graduate22.1%
Housing & Income

Housing Tenure

Owner: 92.2%Renter: 7.8%Tenure
Owner92.2%
Renter7.8%

Home Value Distribution

Under $50k
2%
$50k–$100k
20%
$100k–$150k
22%
$150k–$200k
19%
$200k–$300k
19%
$300k–$500k
10%
Over $500k
9%

Financials

Median HH Income$73,750 ≈ Avg
Median Home Value$162,000 ▼ 42% below avg
Home/Income Ratio2.2x (nat avg ~3.5x)
Median Rent$550/mo
Total Housing Units215
Vacant Units35

Income Distribution

Under $25k
8%
$25k–$50k
16%
$50k–$75k
28%
$75k–$100k
14%
$100k–$150k
18%
$150k–$200k
11%
Over $200k
5%
Employment & Commute

How People Get to Work

Drove Alone
70%
Walked
4%
Work From Home
26%

Commute Time

Under 15 min
35%
15–30 min
49%
30–45 min
10%
Over 45 min
6%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
13%
1960s–1970s
16%
1980s–1990s
7%
2000+
63%
About Milroy, MN

Milroy is a city in Minnesota, located in Redwood County. The city spans 1 ZIP code and is home to approximately 452 residents. It is a middle-aged city, with a median age of 39.4 years.

Economically, Milroy is a solidly middle-class community. The median household income of $73,750 is near the national average. Approximately 10.4% of residents live below the poverty line. The unemployment rate is 6.0%, above the national average.

The real estate market in Milroy is an affordable housing market. Median home values stand at $162,000, which is below the national average. Renters typically pay around $550 per month. Homeownership is high at 92.2%, typical of suburban and family-oriented communities.

The population of Milroy is moderately educated. 38.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (92.48%).

Milroy, MN offers residents a cost-conscious lifestyle within Minnesota.

ZIP Codes in Milroy
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
56263 452 $73,750 $162,000 $550 6.0% 38.9% 92.2%