Millsboro is a city in Delaware state in USA with a population of 4342 residents.. The poverty rate of Millsboro is 22.4%, which is 60% higher than national average. The typical household in Millsboro earns $49737 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 19 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 50.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Millsboro, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Millsboro remained 4.3%, which is 9% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Millsboro, only 32% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Millsboro is 0, which is 100% lower than national average. Median home value in Millsboro is $215200 , which is 6% lower than national average. While median income in Millsboro remained $49737, which is 26% lower than national average.