Living in Milo, Missouri

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

Milo has 47 residents with a median age of 30.5. The median household income is $35,500 (50% lower than the Missouri median), the median home value is $60,000.

Milo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Milo at a glance

Population
47
Median age
30.5State: 39
Median household income
$35,500State: $70,702
Median home value
$60,000State: $230,300
Homeowners
100%
Bachelor's degree or higher
25.9%

Is Milo a good place to live?

Pros: Home values 74% lower than the state median.

Cons: Median household income 50% lower than the Missouri median; a poverty rate of 46.8%.

The weather is best in May–June and September–October.

Cost of living in Milo

Housing is the biggest part of the cost of living. In Milo the median home value is $60,000, 82% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $938 a month in housing costs.

Median home value

Milo$60,000
Missouri$230,300
United States$332,700

Median monthly rent

Missouri$1,033
United States$1,413

Milo median household income

The median household income in Milo is $35,500 and the income per person is $10,943. 46.8% of residents live below the poverty line (Missouri: 12.6%).

Median household income

Milo$35,500
Missouri$70,702
United States$80,734

Housing in Milo: homes for sale and rent

Housing units
19
Owner-occupied
100%
Renter-occupied
0%
Vacant
15.8%Includes seasonal homes
Median year built
1956
Average household size
2.94

Milo demographics

Population
47
Median age
30.5
Under 18
42.6%
65 and older
21.3%
Households
16
Foreign-born
0%
Veterans
3.7%Adults 18+

Race and ethnicity

White95.7%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Milo

25.9% of adults 25 and older in Milo have a bachelor's degree or higher (Missouri: 32.4%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Milo25.9%
Missouri32.4%
United States35.7%

Jobs and commute in Milo

Unemployment rate
0%State: 4%
Average commute
—State: 24 min
Work from home
9.1%
Drive alone
90.9%
Public transit
0%
Walk to work
0%
Homes with broadband
87.5%

Milo vs nearby towns

TownPopulationMedian incomeHome valueRent
Milo47$35,500$60,000—
Nevada7,925$42,813$122,700$720
Sheldon443$41,848$67,500$617
Bronaugh163$52,917$43,600$1,000
Walker359$40,417—$663
El Dorado Springs3,586$32,128$103,900$775
Liberal747$65,250$77,000$650

More for people moving to Milo

Milo ZIP code ›Weather and climate ›

Living in Milo: FAQ

What is the median household income in Milo, MO?

The median household income in Milo is $35,500, 50% lower than the Missouri median of $70,702 (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 $60,000, compared with $230,300 in Missouri.

Is Milo, MO a good place to live?

Pluses: home values 74% lower than the state median. Minuses: median household income 50% lower than the Missouri median; a poverty rate of 46.8%.

What is the median age in Milo?

The median age in Milo is 30.5 years (Missouri: 39).

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?

25.9% 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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