Millington, TN Community Information

Millington, TN Homes for Sale

Millington, TN Community Information

Population

26,774

Median Age

35.9

Median Household Income

$60,748

Households with Children

46.61%

Median Travel Time to Work

31 minutes

Millington, TN Real Estate Market Information

Homes Owned

71.49%

Homes Rented

23.58%

Homes Vacant

4.93%

Millington, TN Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

0:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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Millington, TN School Information

Elementary Schools

Primary Schools

Middle Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 26,774
  • Total Male Population 13,422
  • Total Female Population 13,352
  • Population change since 2000 -0.51%
  • Median age 35.9
  • Percent of households with children 46.61%
  • Personal Crime risk 156

Transportation

  • Median travel time to work 31 minutes
  • Percent using Public transportation 0.02%
  • Percent Driving/Using Carpool 96.07
  • Percent Using Other transportation 1.65%
  • Percent Working From Home 2.26%

Education Levels

  • Some high school 15.14%
  • High school graduate 36.79%
  • Some college 24.57%
  • Associate degree 8.50%
  • Bachelor's degree 10.07%
  • Graduate degree 4.92%

Occupation

  • Agriculture, forestry, and fishing 0.33%
  • Construction 8.75%
  • Manufacturing 8.96%
  • Wholesale Trade 3.81%
  • Retail Trade 11.44%
  • Finance, insurance and real estate 5.24%
  • Services 6.11%
  • Public administration 8.46%
  • Information 1.90%
  • Professional 7.24%
  • Education 19.40%
  • Arts 6.30%

Income

  • Average household income $69,830
  • Income change since 2000 23.19%

Climate

  • Avg. January high/low temp 47.37 / 29.80
  • Avg. July high/low temp 91.38 / 71.01
  • Annual precipitation 52.89
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