Mills County, Texas: commercial real estate data.
Mills County, Texas had an estimated 4,563 residents on July 1, 2024, up 2.4 percent since the 2020 census base of 4,455, across 748 square miles. County output reached $350.7 m in 2024, 129 establishments operate here, and the SBA record carries 3 7(a) approvals worth $4.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Mills County
How many people live in Mills County
- Population, American Community Survey 2020-20244,511
- Households1,799
- Average household size2.51
- Median household income$67,620
- Median age47.9
- Median gross rent$708 per month
- Median owner-occupied home value$223,700
- Home value to household income3.3 times
- Annual rent as a share of median income12.6 percent
- Adults 25 and over with a bachelor degree or higher27.9 percent
- Adults 25 and over with a graduate degree9.0 percent
- Adults 25 and over3,295
- Population under 18930
- Share under 1820.6 percent
- Population 65 and over1,168
- Share 65 and over25.9 percent
- Working age population, 18 to 642,413
- Civilian labor force2,099
- Unemployment rate3.2 percent
- Labor force participation, adults 18 and over58.6 percent
- Rank by population among Texas counties206th of 254
- Rank by population among US county-equivalents, Puerto Rico included2934th of 3,222
Mills County is the 206th largest of 254 Texas counties by population. A median home costs 3.3 times median household income, which is moderately unaffordable by national standards. Residents 65 and over outnumber those under 18, at 25.9 percent against 20.6 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Mills County
Is Mills County's population growing?
- Population, July 1, 20244,563
- Census 2020 base population4,455
- Population change since the 2020 census base2.42 percent
- Population change, 2023 to 202413
- Births, 202434
- Deaths, 202493
- Natural change, 2024-59
- Net domestic migration, 202468
- Net international migration, 20246
- Total net migration, 202474
- Cumulative net domestic migration, 2021 to 2024308
- Rank by growth among US county-equivalents1029th of 3,144
The county has grown 2.42 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Mills County
Where are people moving to Mills County from?
- Tax returns filed by households arriving137
- People arriving, from those returns277
- Tax returns filed by households leaving115
- Net household movement22
- Adjusted gross income arriving$14.0 m
- Net adjusted gross income movement$5.6 m
- Average income of an arriving household$101,949
- Average income of a leaving household$72,922
- Largest single destinationBrown County (25 households)
| Origin | Households | People | Adjusted gross income |
|---|
Households arriving report $29,027 more average income than households leaving, so the migration is raising local spending power rather than just moving it around.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Mills County
What is the Mills County economy?
- County GDP, 2024$350.7 m
- County GDP, 2023$365.4 m
- GDP change, 2023 to 2024-4.0 percent
- GDP change over five years54.2 percent
- Rank by GDP among the Texas areas BEA publishes209th of 254
- Rank by GDP among the US county areas BEA publishes2627th of 3,127
- GDP per resident$77,743
Output grew -4.0 percent in the latest year and 54.2 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Mills County
Employment by industry in Mills County
- Covered employment, annual average1,289
- Establishments reporting150
- Average annual pay$43,243
- Average weekly wage$832
- Retail trade, employment204
- Retail trade, average annual pay$42,206
- Health care and social assistance, employment148
- Health care and social assistance, average annual pay$35,619
- Construction, employment85
- Construction, average annual pay$42,109
- Wholesale trade, employment57
- Wholesale trade, average annual pay$38,332
- Agriculture, forestry, fishing and hunting, employment52
- Manufacturing, employment50
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 204 | 22 | $42,206 |
| Health care and social assistance | 148 | 10 | $35,619 |
| Construction | 85 | 22 | $42,109 |
| Wholesale trade | 57 | 6 | $38,332 |
| Agriculture, forestry, fishing and hunting | 52 | 16 | $39,101 |
| Manufacturing | 50 | 7 | $52,602 |
| Finance and insurance | 47 | 3 | $77,080 |
| Professional, scientific and technical services | 24 | 6 | $36,813 |
Retail trade is the largest private sector at 204 jobs, 15.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Mills County
How many businesses are in Mills County?
- Establishments, all industries129
- Employment at those establishments1,049
- Annual payroll$41.8 m
- Establishments per 1,000 residents28.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Mills County
SBA loans in Mills County (7(a) and 504)
- 7(a) approvals recorded3
- 7(a) gross approval dollars$4.9 m
- Average 7(a) approval$1,626,667
- Median 7(a) approval$1,284,000
- Largest single approval$2,756,000
- Jobs reported supported, 7(a)65
- Jobs per approval21.7
- Distinct 7(a) lenders active3
- Distinct industries receiving approvals3
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer100.0 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter0
- Franchise loans1
- Franchise share of approvals33.3 percent
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mills County
SBA loan default and charge-off rates in Mills County
Do SBA loans in Mills County get paid back?
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Paid in full1
- Status: Exempt from disclosure2
Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mills County
SBA lending by place in Mills County
- Borrower cities with recorded lending2
- Goldthwaite, approvals2
- Brownwood, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Goldthwaite | 2 | $2,124,000 |
| Brownwood | 1 | $2,756,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mills County
How large is Mills County?
- Land area748 sq mi
- Rank by land area among Texas counties208th of 254
- Width, east to west42.8 mi
- Height, north to south34 mi
- Geographies sharing a boundary5
- Residents per square mile of land6
- Establishments per square mile0.17
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Mills County
Flood risk in Mills County
- Participation of the county's own NFIP community Mills County, unincorporated areasParticipating, community 480935
- Communities in the county in the NFIP Community Status Book2
- Of those, participating in the NFIP1
- NFIP participation rate50.0 percent
- Communities carrying a CRS class0
- Radon levels in Mills County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Mills County (community 480935), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Mills County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 50.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Mills County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Mills County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-20244,511
- Households1,799
- Average household size2.51
- Median household income$67,620
- Median age47.9
Common questions
Mills County questions, answered from the record.
How many people live in Mills County, Texas?
The Census Bureau estimates 4,563 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 4,511, in 1,799 households, ranking 206th of 254 Texas counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Mills County's population growing?
The population has grown 2.42 percent since the 2020 census base of 4,455, to 4,563 on July 1, 2024. In 2024 there were 34 births against 93 deaths, with net migration of 74. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Mills County?
$67,620. The median owner-occupied home is valued at $223,700, which is 3.3 times income, and median gross rent is $708 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Mills County?
129 establishments, employing 1,049 people with an annual payroll of $41.8 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Mills County?
Retail trade is the largest private sector at 204 jobs, 15.8 percent of covered employment. Covered employment averages 1,289 jobs at an average annual pay of $43,243, or $832 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Mills County?
3 7(a) approvals totaling $4.9 m since FY2020, across 3 lenders, with a median approval of $1,284,000. These are approvals recorded in the release, not loans disbursed.
What is the radon zone for Mills County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Are traffic counts available for Mills County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Mills County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Mills County
Cities and places in Mills.
3 Census places lie wholly or partly in Mills County. All 3 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Goldthwaite | city | 1,843 | 2 | Wholly in this county |
| Mullin | town | 220 | None recorded | Wholly in this county |
| Priddy | CDP | 92 | None recorded | Wholly in this county |
A further 1 of the county's 3 SBA 7(a) approvals are to borrowers in cities that match no Census place in Mills County, the largest being Brownwood (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby