Millwood, NY

Full City Profile · New York · Westchester County County

4.9 /5.0
A+ Excellent
854 Population 1,423/sq mi density
$209,063 Median Income $81,160 per capita
$769,800 Home Value $1,400,422 Zillow
$3,501 Median Rent 25.2% income on rent
49°F Avg Temperature
A+
Overall
4.9 / 5.0
Strong
A+
Economy
5.0 / 5.0
$209,063 median income, 0.0% unemployment
A+
Affordability
4.6 / 5.0
$769,800 home value, $3,501/mo rent
A+
Education
5.0 / 5.0
86.8% bachelor's degree or higher

Millwood, NY

At a Glance

Median Income
$209,063
178% above
$81,160 per capita
Home Value
$769,800
173% above
Zillow: $1,400,422
Median Rent
$3,501/mo
201% above
25.2% of income on rent
Bachelor's Degree+
86.8%
158% above
100.0% high school+
Unemployment
0.0%
100% below
0.0% poverty rate
Obesity Rate
20.2%
37% below
6.2% smoking rate
Avg Temperature
49°F

How Millwood Compares to the U.S. Average

Each bar shows Millwood's value as a percentage of the national average (100% = U.S. avg)

Income
278%
Home Value
273%
Rent
301%
Poverty
0%
Bachelor's
258%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Millwood a Good Place to Live?

A+
4.9 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Millwood residents earn a median household income of $209,063 , which is 178% above the national average of $75,149. Per capita income is $81,160. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 37,722 business establishments, including 2,631 restaurants.

Housing & Cost of Living

The median home value in Millwood is $769,800 , 173% above the national median of $281,900. Zillow estimates the typical home at $1,400,422. Median rent is $3,501/month, with 25.2% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1971.

Education

86.8% of adults in Millwood hold a bachelor's degree or higher (158% above the national average). 100.0% have completed high school. Local schools score 6.4/10 in standardized testing.

Climate & Weather

Millwood has an average annual temperature of 49°F (10°C). Winters average 26°F in January while summers reach 72°F in July. Annual precipitation totals 50.3 inches. Air quality is rated Good with a median AQI of 36.

Data Overview

People

Population854
Median Age48.1 yrs
Density1,423/mi²
Male / Female35% / 65%
Foreign Born18.6%
Veterans0.1%

Economy

A+
Median Income$209,063
Per Capita$81,160
Unemployment0.0%
Poverty0.0%
County GDP$120,154M
Avg Weekly Wage$1,814

Housing

A+
Home Value$769,800
Rent$3,501
Ownership85.2%
Zillow$1,400,422
Housing Units334
Rent Burden25.2%

Health

Obesity20.2%
Diabetes6.4%
Smoking6.2%
Heart Disease3.6%
Premature Death4,881/100K

Climate

Avg Temp49°F
Rain50.3 in/yr
AQI36 (Good)
Elevation328 ft

Education

A+
Bachelor's+86.8%
High School+100.0%
Graduate+51.3%
School Score6.4/10

Community

2024 VoteR 37% / D 63%
Commute38 min
Broadband100.0%
Internet Speed160 Mbps
EV Stations1
Libraries45

Did You Know?

The median home in Millwood was built in 1971.
19.0% work from home.
The nearest airport is New York Stewart International (26 miles).
The Gini coefficient (income inequality) is 0.535 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
6.4% of the population has a disability.
18.6% of residents are foreign-born.
Average internet download speed is 160 Mbps.
There are 2,631 restaurants in the area.
The county recorded 36 fatal vehicle crashes.