Living in Milroy, Indiana
Cost of living, income, home prices, rent and demographics of Milroy · Census data 2020–2024
Milroy has 522 residents with a median age of 57.3. The median household income is $83,164 (16% higher than the Indiana median), the median home value is $132,100.
Milroy is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Milroy at a glance
- Population
- 522
- Median age
- 57.3State: 38.1
- Median household income
- $83,164State: $71,957
- Median home value
- $132,100State: $218,200
- Homeowners
- 92.1%
- Bachelor's degree or higher
- 26.9%
- Average commute
- 32 min
Is Milroy a good place to live?
Pros: Median household income 16% higher than the Indiana median; home values 39% lower than the state median; unemployment of 0.7%; a poverty rate of 4.5%.
Cons: An average commute of 32 minutes.
The weather is best in June to September.
Cost of living in Milroy
Housing is the biggest part of the cost of living. In Milroy the median home value is $132,100, 60% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,159 a month in housing costs.
Milroy median household income
The median household income in Milroy is $83,164 and the income per person is $34,840. 4.5% of residents live below the poverty line (Indiana: 12.3%).
Housing in Milroy: homes for sale and rent
- Housing units
- 347
- Owner-occupied
- 92.1%
- Renter-occupied
- 7.9%
- Vacant
- 23.1%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 1.94
Milroy demographics
- Population
- 522
- Median age
- 57.3
- Under 18
- 7.1%
- 65 and older
- 34.9%
- Households
- 267
- Foreign-born
- 0%
- Veterans
- 8.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Milroy ›
Education in Milroy
26.9% of adults 25 and older in Milroy have a bachelor's degree or higher (Indiana: 29.5%), and 22.4% have a graduate or professional degree.
Jobs and commute in Milroy
- Unemployment rate
- 0.7%State: 4.3%
- Average commute
- 32 minState: 24 min
- Work from home
- 0%
- Drive alone
- 80.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 80.9%
Milroy vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Milroy | 522 | $83,164 | $132,100 | — |
| Homer | 233 | $147,679 | $85,900 | — |
| Rushville | 6,036 | $53,434 | $127,300 | $911 |
| Blue Ridge | 215 | $139,048 | — | — |
| Adams | 121 | $65,652 | $81,100 | — |
| Andersonville | 238 | $50,655 | — | — |
| Manilla | 328 | $51,765 | $102,500 | — |
| St. Paul | 887 | $60,938 | $112,200 | $938 |
| Greensburg | 12,229 | $62,655 | $191,400 | $859 |
More for people moving to Milroy
Milroy ZIP code ›Weather and climate ›Living in Milroy: FAQ
What is the median household income in Milroy, IN?
The median household income in Milroy is $83,164, 16% higher than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Milroy?
The median home value in Milroy is $132,100, compared with $218,200 in Indiana.
Is Milroy, IN a good place to live?
Pluses: median household income 16% higher than the Indiana median; home values 39% lower than the state median; unemployment of 0.7%; a poverty rate of 4.5%. Minuses: an average commute of 32 minutes.
What is the median age in Milroy?
The median age in Milroy is 57.3 years (Indiana: 38.1).
How long is the commute in Milroy?
The average commute to work in Milroy is 32 minutes; 0% of workers work from home.
What is the unemployment rate in Milroy?
The unemployment rate in Milroy is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Milroy?
26.9% of adults in Milroy have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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