Living in Milam, Texas
Cost of living, income, home prices, rent and demographics of Milam · Census data 2020–2024
Milam has 1,258 residents with a median age of 63.3. The median household income is $50,781 (35% lower than the Texas median), the median home value is $206,300.
Milam is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Milam at a glance
- Population
- 1,258
- Median age
- 63.3State: 35.6
- Median household income
- $50,781State: $78,476
- Median home value
- $206,300State: $283,800
- Homeowners
- 90%
- Bachelor's degree or higher
- 10.2%
- Average commute
- 27 min
Is Milam a good place to live?
Pros: Home values 27% lower than the state median.
Cons: Median household income 35% lower than the Texas median; an average commute of 27 minutes; unemployment of 10.9%; a poverty rate of 14.9%.
The weather is best in March to May and October.
Cost of living in Milam
Housing is the biggest part of the cost of living. In Milam the median home value is $206,300, 38% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $3,021 a month in housing costs.
Milam median household income
The median household income in Milam is $50,781 and the income per person is $28,580. 14.9% of residents live below the poverty line (Texas: 13.8%).
Housing in Milam: homes for sale and rent
- Housing units
- 1,110
- Owner-occupied
- 90%
- Renter-occupied
- 10%
- Vacant
- 46.8%Includes seasonal homes
- Median year built
- 2003
- Average household size
- 2.13
46.8% of homes are vacant most of the year, a sign that Milam has many vacation and second homes.
Milam demographics
- Population
- 1,258
- Median age
- 63.3
- Under 18
- 14.6%
- 65 and older
- 43.4%
- Households
- 591
- Foreign-born
- 0%
- Veterans
- 19.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Milam ›
Education in Milam
10.2% of adults 25 and older in Milam have a bachelor's degree or higher (Texas: 33.8%), and 3.4% have a graduate or professional degree.
Jobs and commute in Milam
- Unemployment rate
- 10.9%State: 5.3%
- Average commute
- 27 minState: 27 min
- Work from home
- 30.3%
- Drive alone
- 66.2%
- Public transit
- 0%
- Walk to work
- 3.5%
- Homes with broadband
- 84.6%
Milam vs nearby towns
More for people moving to Milam
Milam ZIP code ›Weather and climate ›Living in Milam: FAQ
What is the median household income in Milam, TX?
The median household income in Milam is $50,781, 35% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Milam?
The median home value in Milam is $206,300, compared with $283,800 in Texas.
Is Milam, TX a good place to live?
Pluses: home values 27% lower than the state median. Minuses: median household income 35% lower than the Texas median; an average commute of 27 minutes; unemployment of 10.9%; a poverty rate of 14.9%.
What is the median age in Milam?
The median age in Milam is 63.3 years (Texas: 35.6).
How long is the commute in Milam?
The average commute to work in Milam is 27 minutes; 30.3% of workers work from home.
What is the unemployment rate in Milam?
The unemployment rate in Milam is 10.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Milam?
10.2% of adults in Milam 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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