Living in Milton, Indiana
Cost of living, income, home prices, rent and demographics of Milton · Census data 2020–2024
Milton has 323 residents with a median age of 39.7. The median household income is $47,083 (35% lower than the Indiana median), the median home value is $83,900, the median rent is $686/month.
Milton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Milton at a glance
- Population
- 323
- Median age
- 39.7State: 38.1
- Median household income
- $47,083State: $71,957
- Median home value
- $83,900State: $218,200
- Median rent
- $686/moState: $1,062
- Homeowners
- 79.9%
- Bachelor's degree or higher
- 17.1%
- Average commute
- 30 min
Is Milton a good place to live?
Pros: Home values 62% lower than the state median; unemployment of 2.6%.
Cons: Median household income 35% lower than the Indiana median; an average commute of 30 minutes; a poverty rate of 13.6%.
The weather is best in June to September.
Cost of living in Milton
Housing is the biggest part of the cost of living. In Milton the median home value is $83,900, 75% lower than the U.S. median. Renters pay a median of $686 per month, which is 27.7% of household income. Homeowners with a mortgage pay $938 a month in housing costs.
Milton median household income
The median household income in Milton is $47,083 and the income per person is $26,000. 13.6% of residents live below the poverty line (Indiana: 12.3%).
Housing in Milton: homes for sale and rent
- Housing units
- 159
- Owner-occupied
- 79.9%
- Renter-occupied
- 20.1%
- Vacant
- 9.4%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.24
Milton demographics
- Population
- 323
- Median age
- 39.7
- Under 18
- 27.2%
- 65 and older
- 16.4%
- Households
- 144
- Foreign-born
- 0%
- Veterans
- 5.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Milton ›
Education in Milton
17.1% of adults 25 and older in Milton have a bachelor's degree or higher (Indiana: 29.5%), and 3.7% have a graduate or professional degree.
Jobs and commute in Milton
- Unemployment rate
- 2.6%State: 4.3%
- Average commute
- 30 minState: 24 min
- Work from home
- 5.5%
- Drive alone
- 91.8%
- Public transit
- 0%
- Walk to work
- 1.4%
- Homes with broadband
- 91%
Milton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Milton | 323 | $47,083 | $83,900 | $686 |
| Cambridge City | 1,657 | $51,071 | $103,100 | $788 |
| East Germantown | 229 | $45,179 | $95,400 | $940 |
| Dublin | 870 | $51,406 | $97,700 | $714 |
| Straughn | 229 | $73,125 | $112,000 | $1,708 |
| Centerville | 2,772 | $49,688 | $149,200 | $839 |
| Hagerstown | 1,642 | $56,484 | $119,600 | $661 |
| Connersville | 13,109 | $48,854 | $106,300 | $787 |
| Greens Fork | 436 | $74,875 | $96,300 | $1,063 |
More for people moving to Milton
Milton ZIP code ›Weather and climate ›Living in Milton: FAQ
What is the median household income in Milton, IN?
The median household income in Milton is $47,083, 35% lower 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 Milton?
The median home value in Milton is $83,900, compared with $218,200 in Indiana.
How much is rent in Milton?
The median gross rent in Milton is $686 per month, about 27.7% of household income.
Is Milton, IN a good place to live?
Pluses: home values 62% lower than the state median; unemployment of 2.6%. Minuses: median household income 35% lower than the Indiana median; an average commute of 30 minutes; a poverty rate of 13.6%.
What is the median age in Milton?
The median age in Milton is 39.7 years (Indiana: 38.1).
How long is the commute in Milton?
The average commute to work in Milton is 30 minutes; 5.5% of workers work from home.
What is the unemployment rate in Milton?
The unemployment rate in Milton is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Milton?
17.1% of adults in Milton 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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