Living in South Milford, Indiana
Cost of living, income, home prices, rent and demographics of South Milford · Census data 2020–2024
South Milford has 284 residents with a median age of 46.7. The median household income is $117,250 (63% higher than the Indiana median), the median home value is $184,700.
South Milford is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
South Milford at a glance
- Population
- 284
- Median age
- 46.7State: 38.1
- Median household income
- $117,250State: $71,957
- Median home value
- $184,700State: $218,200
- Homeowners
- 100%
- Bachelor's degree or higher
- 15%
- Average commute
- 27 min
Is South Milford a good place to live?
Pros: Median household income 63% higher than the Indiana median; home values 15% lower than the state median.
Cons: An average commute of 27 minutes.
The weather is best in June to September.
Cost of living in South Milford
Housing is the biggest part of the cost of living. In South Milford the median home value is $184,700, 44% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,781 a month in housing costs.
South Milford median household income
The median household income in South Milford is $117,250 and the income per person is $53,711. 0% of residents live below the poverty line (Indiana: 12.3%).
Housing in South Milford: homes for sale and rent
- Housing units
- 99
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1946
- Average household size
- 2.87
South Milford demographics
- Population
- 284
- Median age
- 46.7
- Under 18
- 12.7%
- 65 and older
- 19%
- Households
- 99
- Foreign-born
- 0%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of South Milford ›
Education in South Milford
15% of adults 25 and older in South Milford have a bachelor's degree or higher (Indiana: 29.5%), and 10% have a graduate or professional degree.
Jobs and commute in South Milford
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 27 minState: 24 min
- Work from home
- 0%
- Drive alone
- 46.2%
- Public transit
- 41.3%
- Walk to work
- 0%
- Homes with broadband
- 100%
South Milford vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| South Milford | 284 | $117,250 | $184,700 | — |
| Adams Lake | 286 | $94,098 | — | — |
| Stroh | 238 | $76,290 | — | — |
| Wolcottville | 1,143 | $53,625 | $95,800 | $867 |
| Rome City | 1,182 | $71,016 | $265,900 | $869 |
| Wildwood | 116 | $65,179 | $192,300 | — |
| Kendallville | 10,556 | $58,939 | $133,200 | $821 |
| Otter Lake | 216 | $158,603 | $232,000 | — |
| Corunna | 128 | $57,500 | $85,000 | — |
More for people moving to South Milford
South Milford ZIP code ›Weather and climate ›Living in South Milford: FAQ
What is the median household income in South Milford, IN?
The median household income in South Milford is $117,250, 63% 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 South Milford?
The median home value in South Milford is $184,700, compared with $218,200 in Indiana.
Is South Milford, IN a good place to live?
Pluses: median household income 63% higher than the Indiana median; home values 15% lower than the state median. Minuses: an average commute of 27 minutes.
What is the median age in South Milford?
The median age in South Milford is 46.7 years (Indiana: 38.1).
How long is the commute in South Milford?
The average commute to work in South Milford is 27 minutes; 0% of workers work from home.
What is the unemployment rate in South Milford?
The unemployment rate in South Milford is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is South Milford?
15% of adults in South Milford 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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