Living in Milton, Kentucky
Cost of living, income, home prices, rent and demographics of Milton · Census data 2020–2024
Milton has 637 residents with a median age of 35.6. The median household income is $62,500 (about the same as the Kentucky median), the median home value is $156,700, the median rent is $763/month.
Milton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Milton at a glance
- Population
- 637
- Median age
- 35.6State: 39.1
- Median household income
- $62,500State: $63,726
- Median home value
- $156,700State: $205,600
- Median rent
- $763/moState: $967
- Homeowners
- 59.3%
- Bachelor's degree or higher
- 17.8%
- Average commute
- 29 min
Is Milton a good place to live?
Pros: Home values 24% lower than the state median; a poverty rate of 7.1%.
Cons: Median household income about the same as the Kentucky median; an average commute of 29 minutes; unemployment of 6.5%.
The weather is best in May and August to October.
Cost of living in Milton
Housing is the biggest part of the cost of living. In Milton the median home value is $156,700, 53% lower than the U.S. median. Renters pay a median of $763 per month, which is 19.2% of household income. Homeowners with a mortgage pay $1,263 a month in housing costs.
Milton median household income
The median household income in Milton is $62,500 and the income per person is $47,579. 7.1% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Milton: homes for sale and rent
- Housing units
- 286
- Owner-occupied
- 59.3%
- Renter-occupied
- 40.7%
- Vacant
- 17.5%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.70
Milton demographics
- Population
- 637
- Median age
- 35.6
- Under 18
- 26.7%
- 65 and older
- 19.6%
- Households
- 236
- Foreign-born
- 4.9%
- Veterans
- 6%Adults 18+
Hispanic or Latino can be of any race. Population history of Milton ›
Education in Milton
17.8% of adults 25 and older in Milton have a bachelor's degree or higher (Kentucky: 27.6%), and 8.1% have a graduate or professional degree.
Jobs and commute in Milton
- Unemployment rate
- 6.5%State: 4.9%
- Average commute
- 29 minState: 24 min
- Work from home
- 0%
- Drive alone
- 82.7%
- Public transit
- 0%
- Walk to work
- 1.5%
- Homes with broadband
- 91.1%
Milton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Milton | 637 | $62,500 | $156,700 | $763 |
| Madison | 12,223 | $61,183 | $203,100 | $820 |
| Hanover | 3,554 | $53,929 | $138,700 | $900 |
| Brooksburg | 111 | $39,167 | $179,200 | — |
| Bedford | 386 | $41,875 | $95,800 | $884 |
| Lamb | 272 | $103,426 | — | — |
| Carrollton | 3,915 | $45,871 | $113,200 | $918 |
| Dupont | 279 | $64,338 | $116,700 | $1,000 |
| New Washington | 351 | $81,705 | $187,500 | — |
More for people moving to Milton
Milton ZIP code ›Weather and climate ›Living in Milton: FAQ
What is the median household income in Milton, KY?
The median household income in Milton is $62,500, about the same as the Kentucky median of $63,726 (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 $156,700, compared with $205,600 in Kentucky.
How much is rent in Milton?
The median gross rent in Milton is $763 per month, about 19.2% of household income.
Is Milton, KY a good place to live?
Pluses: home values 24% lower than the state median; a poverty rate of 7.1%. Minuses: median household income about the same as the Kentucky median; an average commute of 29 minutes; unemployment of 6.5%.
What is the median age in Milton?
The median age in Milton is 35.6 years (Kentucky: 39.1).
How long is the commute in Milton?
The average commute to work in Milton is 29 minutes; 0% of workers work from home.
What is the unemployment rate in Milton?
The unemployment rate in Milton is 6.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Milton?
17.8% 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.
Last updated: