Millheim, Pennsylvania.
Typical home $243,844 (-1.5% in a year). State College, PA metro.
to buy the typical home at today's mortgage rate — +$650 (+103%) since Jan 2020.
- 1 year
- Down $3,740 -2%
- $247,584$243,844 since Sep 2025
- 5 years
- Up $47,342 +24%
- $196,502$243,844 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Millheim$1,280
- Pennsylvania$1,507
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Millheim, PA fell 1.5% over the past year — slower than the nation's +1.2%.
Living in Millheim, Centre County, Pennsylvania
Millheim is a borough of 831 people in Centre County. Half its households earn more than $73,125 a year and half less, against $74,291 across Centre County; 6% of its people live below the poverty line. 87% of its homes are lived in by their owners and 13% are rented. Unemployment in Centre County was 3.0% in August 2026, and the county had 1.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Millheim is a small borough in Centre County, and nearly all of its homes are lived in by their owners, a good deal more than across the county as a whole. Household incomes sit a little below the county's, and homes here are typically valued at a moderate level for the region. Winters are cold and snowy, with January the coldest month, while July brings warm summer days and the year is fairly wet.
Work. Residents work mostly in schools, hospitals and social care, followed by shops, restaurants and hotels, and professional and business services. Across Centre County, the biggest workplaces are Pennsylvania State University, Mount Nittany Medical Center and State College Area Schools. Unemployment across the county has eased compared with a year earlier, and the number of jobs there has grown slightly. The typical commute is a moderate one.
Things to do. Elk Creek and Pine Creek run in or beside town, which makes a walk by the water easy to come by. A short drive away are Poe Valley State Park and Bald Eagle State Forest, both protected areas for time outdoors. Beaver Stadium, a stadium, is a longer drive away.
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- 317households
- 6%below the poverty line
- 26 mintypical commute
What residents work in
Employed residents by industry, from the Census survey. Centre County had 69,346 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 32° and lows near 15°; warmest in July, with highs near 84° and lows near 58°. About 35 inches of snow and 42 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Millheim weather station, under a mile away (NOAA).
Largest workplaces in Centre County
- Pennsylvania State UniversityUniversity or college17,378
- Mount Nittany Medical CenterGeneral hospital1,612FTE
- State College Area SDSchool district1,296FTE
- Bellefonte Area SDSchool district406FTE
- Restek Corporation BellefonteGas chromatographic instruments, industrial process-type, manufacturing387
- Wegmans Food MarketsRetail supermarkets379
- Pennsylvania State University-World CampusUniversity or college366
- WalmartWarehouse clubs and supercenters344
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 117 workplaces with 20 or more staff, 13,157 people in all across the county; Millheim has none of its own. Colleges come from IPEDS (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- Inland floodingRelatively high
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Millheim’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Centre County and the State College, PA metro.
Millheim home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Millheim$243,844
- Pennsylvania$287,078
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
Not enough data to draw this yet.
Zip codes with a Millheim address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Millheim — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.