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Millington, TN
Full City Profile · Tennessee · Shelby County County
2.9
/5.0
C+
Fair
11,117
Population
496/sq mi density
$51,695
Median Income
$30,520 per capita
$172,800
Home Value
$234,282 Zillow
$1,059
Median Rent
25.3% income on rent
61°F
Avg Temperature
301 sunny days/yr
984
Violent Crime/100K
5,174 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$51,695 median income, 4.6% unemployment
A+
Affordability
4.8 / 5.0
$172,800 home value, $1,059/mo rent
F
Safety
1.0 / 5.0
984 violent crimes/100K (159% above avg)
C+
Education
2.6 / 5.0
20.0% bachelor's degree or higher
Housing Overview
Median Home Value
$172,800
39% below
US avg: $281,900
Median Rent
$1,059/mo
9% below
US avg: $1,163/mo
Homeownership Rate
60.4%
8% below US avg (65.4%)
Total Housing Units
4,713
Median year built: 1974
Home Value by Source
Census Median
$172,800
Zillow (ZHVI)
$234,282
Median Sale Price
$290,000
Median List Price
$317,990
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.4%
Owner-Occupied
39.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent:
$1,059/mo
· Zillow rent:
$1,584/mo
Market Indicators (Redfin)
Median Days on Market
82 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
11.4%
of listings with price reduction
Price Per Sq Ft
$173
Active Inventory
35
homes for sale
Affordability & Housing Stock
Rent Burden
25.3%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1974
Average age of housing stock: 52 years
Homeownership Rate
60.4%
Complete Housing Data
Home Values
| Census Median Value | $172,800 |
| Zillow Home Value (ZHVI) | $234,282 |
| Median Sale Price | $290,000 |
| Median List Price | $317,990 |
| Price Per Sq Ft | $173 |
Rent
| Census Median Rent | $1,059 |
| Zillow Rent (ZORI) | $1,584 |
| FMR Studio | $882 |
| FMR 1-Bedroom | $924 |
| FMR 2-Bedroom | $1,118 |
| FMR 3-Bedroom | $1,445 |
| FMR 4-Bedroom | $1,644 |
Market
| Days on Market | 82 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 11.4% |
| Homes Sold | 9 |
| Active Inventory | 35 |
| Price Per Sq Ft | $173 |
Ownership & Stock
| Owner-Occupied | 60.4% |
| Renter-Occupied | 39.6% |
| Homeownership Rate | 60.4% |
| Total Housing Units | 4,713 |
| Median Year Built | 1974 |
| Rent Burden | 25.3% |