Living in Milo, Maine

Cost of living, income, home prices, rent and demographics of Milo · Census data 2020–2024

Milo has 2,165 residents with a median age of 43.9. The median household income is $56,875 (24% lower than the Maine median), the median home value is $97,100, the median rent is $879/month.

Milo at a glance

Population
2,165
Median age
43.9State: 44.8
Median household income
$56,875State: $74,733
Median home value
$97,100State: $296,600
Median rent
$879/moState: $1,139
Homeowners
67.8%
Bachelor's degree or higher
21.8%
Average commute
42 min

Is Milo a good place to live?

Pros: Home values 67% lower than the state median; unemployment of 0.6%.

Cons: Median household income 24% lower than the Maine median; an average commute of 42 minutes; a poverty rate of 16.4%.

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 $97,100, 71% lower than the U.S. median. Renters pay a median of $879 per month, which is 29.3% of household income. Homeowners with a mortgage pay $1,090 a month in housing costs.

Median home value

Milo$97,100
Maine$296,600
United States$332,700

Median monthly rent

Milo$879
Maine$1,139
United States$1,413

Milo median household income

The median household income in Milo is $56,875 and the income per person is $30,698. 16.4% of residents live below the poverty line (Maine: 10.7%).

Median household income

Milo$56,875
Maine$74,733
United States$80,734

Housing in Milo: homes for sale and rent

Housing units
1,322
Owner-occupied
67.8%
Renter-occupied
32.2%
Vacant
19.4%Includes seasonal homes
Median year built
1978
Average household size
2.03

Milo demographics

Population
2,165
Median age
43.9
Under 18
16.8%
65 and older
18.2%
Households
1,066
Foreign-born
1.5%
Veterans
9.5%Adults 18+

Race and ethnicity

White93.1%
Hispanic or Latino0.1%
Black4.7%
Asian0.2%

Hispanic or Latino can be of any race. Population history of Milo ›

Education in Milo

21.8% of adults 25 and older in Milo have a bachelor's degree or higher (Maine: 36.2%), and 8.7% have a graduate or professional degree.

Bachelor's degree or higher

Milo21.8%
Maine36.2%
United States35.7%

Jobs and commute in Milo

Unemployment rate
0.6%State: 3.8%
Average commute
42 minState: 25 min
Work from home
3.2%
Drive alone
65.1%
Public transit
0%
Walk to work
3.6%
Homes with broadband
85.7%

Milo vs nearby towns

TownPopulationMedian incomeHome valueRent
Milo2,165$56,875$97,100$879
Medford222$65,476$88,200—
Sebec547$74,545$233,000—
Brownville983$64,063$96,700$1,057
Brownville Junction524$61,875$82,700$1,083
Lagrange709$58,417$126,000$831
Dover-Foxcroft4,506$63,344$162,600$880
Bowerbank211$93,125$199,500—
Bradford1,254$82,955$176,200$742

More for people moving to Milo

Milo ZIP code ›Weather and climate ›

Living in Milo: FAQ

What is the median household income in Milo, ME?

The median household income in Milo is $56,875, 24% lower than the Maine median of $74,733 (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 $97,100, compared with $296,600 in Maine.

How much is rent in Milo?

The median gross rent in Milo is $879 per month, about 29.3% of household income.

Is Milo, ME a good place to live?

Pluses: home values 67% lower than the state median; unemployment of 0.6%. Minuses: median household income 24% lower than the Maine median; an average commute of 42 minutes; a poverty rate of 16.4%.

What is the median age in Milo?

The median age in Milo is 43.9 years (Maine: 44.8).

How long is the commute in Milo?

The average commute to work in Milo is 42 minutes; 3.2% of workers work from home.

What is the unemployment rate in Milo?

The unemployment rate in Milo is 0.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Milo?

21.8% 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.

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