Living in Milo, Iowa
Cost of living, income, home prices, rent and demographics of Milo · Census data 2020–2024
Milo has 731 residents with a median age of 39.2. The median household income is $79,904 (6% higher than the Iowa median), the median home value is $153,100, the median rent is $850/month.
Milo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Milo at a glance
- Population
- 731
- Median age
- 39.2State: 38.6
- Median household income
- $79,904State: $75,059
- Median home value
- $153,100State: $208,000
- Median rent
- $850/moState: $972
- Homeowners
- 84.6%
- Bachelor's degree or higher
- 13%
- Average commute
- 32 min
Is Milo a good place to live?
Pros: Median household income 6% higher than the Iowa median; home values 26% lower than the state median; a poverty rate of 1.6%.
Cons: An average commute of 32 minutes.
The weather is best in June to September.
Cost of living in Milo
Housing is the biggest part of the cost of living. In Milo the median home value is $153,100, 54% lower than the U.S. median. Renters pay a median of $850 per month, which is 14.5% of household income. Homeowners with a mortgage pay $1,164 a month in housing costs.
Milo median household income
The median household income in Milo is $79,904 and the income per person is $40,177. 1.6% of residents live below the poverty line (Iowa: 11.1%).
Housing in Milo: homes for sale and rent
- Housing units
- 331
- Owner-occupied
- 84.6%
- Renter-occupied
- 15.4%
- Vacant
- 3.6%Includes seasonal homes
- Median year built
- 1961
- Average household size
- 2.29
Milo demographics
- Population
- 731
- Median age
- 39.2
- Under 18
- 19.8%
- 65 and older
- 14.8%
- Households
- 319
- Foreign-born
- 0%
- Veterans
- 15%Adults 18+
Hispanic or Latino can be of any race. Population history of Milo ›
Education in Milo
13% of adults 25 and older in Milo have a bachelor's degree or higher (Iowa: 31.4%), and 2.7% have a graduate or professional degree.
Jobs and commute in Milo
- Unemployment rate
- 0%State: 3.6%
- Average commute
- 32 minState: 20 min
- Work from home
- 6.8%
- Drive alone
- 82.2%
- Public transit
- 0%
- Walk to work
- 3.4%
- Homes with broadband
- 89.7%
Milo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Milo | 731 | $79,904 | $153,100 | $850 |
| Lacona | 354 | $70,100 | $97,500 | $950 |
| Indianola | 16,044 | $75,453 | $237,500 | $986 |
| Pleasantville | 1,899 | $67,614 | $168,300 | $866 |
| Melcher-Dallas | 1,176 | $58,611 | $99,800 | $789 |
| Hartford | 760 | $70,000 | $176,700 | $1,167 |
| Carlisle | 4,255 | $109,191 | $234,300 | $1,000 |
| Runnells | 440 | $101,500 | $231,600 | $444 |
| Martensdale | 569 | $57,500 | $181,400 | $858 |
More for people moving to Milo
Milo ZIP code ›Weather and climate ›Living in Milo: FAQ
What is the median household income in Milo, IA?
The median household income in Milo is $79,904, 6% higher than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Milo?
The median home value in Milo is $153,100, compared with $208,000 in Iowa.
How much is rent in Milo?
The median gross rent in Milo is $850 per month, about 14.5% of household income.
Is Milo, IA a good place to live?
Pluses: median household income 6% higher than the Iowa median; home values 26% lower than the state median; a poverty rate of 1.6%. Minuses: an average commute of 32 minutes.
What is the median age in Milo?
The median age in Milo is 39.2 years (Iowa: 38.6).
How long is the commute in Milo?
The average commute to work in Milo is 32 minutes; 6.8% of workers work from home.
What is the unemployment rate in Milo?
The unemployment rate in Milo is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Milo?
13% of adults in Milo 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.
Last updated: