Milverton

NZDep 8
Pop 2,001Median age 27Palmerston North City

Milverton is a small suburb in Manawatu-Whanganui with a population of 2,001 and a median age of 27. Median personal income is $30K per year. The main ethnic groups are European, Asian, Māori.

Median weekly rent in Milverton is $610 (610 houses, 410 units). This represents approximately 107% of median weekly personal income.

Livability indicators for Milverton: NZDep decile 8 (high deprivation); 1 school with avg EQI 409.

In 2026, Milverton recorded 0 building approvals (0 houses, 0 units), down 100% year-on-year.

INVESTMENT SIGNALS
Rent Affordability107% Stretched
School QualityEQI 409 Average
DeprivationDecile 8 High
Development-100% Slowing
RENTAL MARKET
Median Rent /wk$610
House Rent /wk$610
Unit Rent /wk$410
Rent-to-Income106.8%
Lodgements39
1/10/2025
DEMOGRAPHICS
Population2,001
Median Age27
Household Size
Personal Income$30K/yr
Household Income
ETHNICITY
European58.2%
Asian19.3%
Māori16.3%
Pacific Peoples4.3%
MELAA1.8%
TOP INDUSTRIES
Accommodation and Food132
Retail Trade123
Education and Training117
SCHOOLS (1)
Avg EQI409
Total Students539
State1
College Street Normal SchoolContributing · State · EQI 409 · 539 students
LIVABILITY (NZDep 2023)
Deprivation Decile8/10
NZDep Score1059
High deprivation — among the most deprived areas in NZ.
DEVELOPMENT
Approvals (2026)0
YoY Change-100%
Data: Stats NZ Census 2023 · MBIE · MoE · NZDep2023