Millheim, PA
Full City Profile · Pennsylvania · Centre County County
4.2
/5.0
A
Great
693
Population
521/sq mi density
$65,833
Median Income
$38,145 per capita
$219,200
Home Value
$230,948 Zillow
$929
Median Rent
17.9% income on rent
48°F
Avg Temperature
275 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A
Economy
4.1 / 5.0
$65,833 median income, 3.6% unemployment
A+
Affordability
4.8 / 5.0
$219,200 home value, $929/mo rent
B+
Education
3.6 / 5.0
32.8% bachelor's degree or higher
Housing Overview
Median Home Value
$219,200
22% below
US avg: $281,900
Median Rent
$929/mo
20% below
US avg: $1,163/mo
Homeownership Rate
83.2%
27% above US avg (65.4%)
Total Housing Units
350
Median year built: 1952
Home Value by Source
Census Median
$219,200
Zillow (ZHVI)
$230,948
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.2%
Owner-Occupied
16.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent:
$929/mo
Affordability & Housing Stock
Rent Burden
17.9%
of renters spending 30%+ of income on housing
42% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
83.2%
Complete Housing Data
Home Values
| Census Median Value | $219,200 |
| Zillow Home Value (ZHVI) | $230,948 |
Rent
| Census Median Rent | $929 |
| FMR Studio | $900 |
| FMR 1-Bedroom | $996 |
| FMR 2-Bedroom | $1,225 |
| FMR 3-Bedroom | $1,570 |
| FMR 4-Bedroom | $1,744 |
Market
Ownership & Stock
| Owner-Occupied | 83.2% |
| Renter-Occupied | 16.8% |
| Homeownership Rate | 83.2% |
| Total Housing Units | 350 |
| Median Year Built | 1952 |
| Rent Burden | 17.9% |
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