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Affordable
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These days, finding an affordable place to live in the Mill Neck area can be challenging. Home prices in Mill Neck are now at a median cost of $1,458,991, higher than the New York average of $610,895.
The average cost of rent is $3,501/mo in Mill Neck, primarily driven by the current value of real estate in the Mill Neck area. In Mill Neck, 13.84% of households rent, and 39.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mill Neck is $17,539 per month. Households that rent pay about 19.96% of their income on rent here. Mill Neck’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bayville, NY: less expensive homes
- Oyster Bay, NY: less expensive homes
- Matinecock, NY: higher priced homes
- Locust Valley, NY: less expensive homes
- Lattingtown, NY: equally priced homes
- Centre Island, NY: less expensive homes
- East Norwich, NY: less expensive homes
- Upper Brookville, NY: higher priced homes
- Cove Neck, NY: higher priced homes
- Oyster Bay Cove, NY: higher priced homes
Cities with Similar Populations
- Fleming, CO: less expensive homes
- Terre Haute, OH: less expensive homes
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- Kingston, ID: less expensive homes
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- Gilbert Creek, WV: less expensive homes
- Gatesville, NC: less expensive homes
- Garrisonville, VA: less expensive homes
- Franklin, WV: less expensive homes
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