Living in Milltown, Wisconsin
Cost of living, income, home prices, rent and demographics of Milltown · Census data 2020–2024
Milltown has 861 residents with a median age of 54.4. The median household income is $42,083 (46% lower than the Wisconsin median), the median home value is $123,100, the median rent is $715/month.
Milltown is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Milltown at a glance
- Population
- 861
- Median age
- 54.4State: 40.2
- Median household income
- $42,083State: $77,485
- Median home value
- $123,100State: $266,500
- Median rent
- $715/moState: $1,087
- Homeowners
- 61.6%
- Bachelor's degree or higher
- 8.8%
- Average commute
- 25 min
Is Milltown a good place to live?
Pros: Home values 54% lower than the state median.
Cons: Median household income 46% lower than the Wisconsin median; an average commute of 25 minutes; unemployment of 4.8%; a poverty rate of 17.7%.
The weather is best in June to September.
Cost of living in Milltown
Housing is the biggest part of the cost of living. In Milltown the median home value is $123,100, 63% lower than the U.S. median. Renters pay a median of $715 per month, which is 28.1% of household income. Homeowners with a mortgage pay $1,104 a month in housing costs.
Milltown median household income
The median household income in Milltown is $42,083 and the income per person is $30,634. 17.7% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Milltown: homes for sale and rent
- Housing units
- 494
- Owner-occupied
- 61.6%
- Renter-occupied
- 38.4%
- Vacant
- 9.3%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 1.91
Milltown demographics
- Population
- 861
- Median age
- 54.4
- Under 18
- 13.2%
- 65 and older
- 24.5%
- Households
- 448
- Foreign-born
- 1.4%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of Milltown ›
Education in Milltown
8.8% of adults 25 and older in Milltown have a bachelor's degree or higher (Wisconsin: 33.4%), and 3% have a graduate or professional degree.
Jobs and commute in Milltown
- Unemployment rate
- 4.8%State: 3.2%
- Average commute
- 25 minState: 22 min
- Work from home
- 6.6%
- Drive alone
- 86.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 75.4%
Milltown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Milltown | 861 | $42,083 | $123,100 | $715 |
| Balsam Lake | 754 | $52,011 | $210,200 | $975 |
| Luck | 1,124 | $68,606 | $167,500 | $931 |
| Centuria | 806 | $49,821 | $145,600 | $860 |
| Frederic | 1,140 | $52,800 | $153,500 | $766 |
| St. Croix Falls | 2,423 | $65,300 | $249,400 | $914 |
| Taylors Falls | 1,167 | $67,885 | $275,200 | $1,074 |
| Dresser | 1,028 | $80,114 | $196,100 | $1,068 |
| Lewis | 170 | $111,667 | $210,000 | — |
More for people moving to Milltown
Milltown ZIP code ›Weather and climate ›Living in Milltown: FAQ
What is the median household income in Milltown, WI?
The median household income in Milltown is $42,083, 46% lower than the Wisconsin median of $77,485 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Milltown?
The median home value in Milltown is $123,100, compared with $266,500 in Wisconsin.
How much is rent in Milltown?
The median gross rent in Milltown is $715 per month, about 28.1% of household income.
Is Milltown, WI a good place to live?
Pluses: home values 54% lower than the state median. Minuses: median household income 46% lower than the Wisconsin median; an average commute of 25 minutes; unemployment of 4.8%; a poverty rate of 17.7%.
What is the median age in Milltown?
The median age in Milltown is 54.4 years (Wisconsin: 40.2).
How long is the commute in Milltown?
The average commute to work in Milltown is 25 minutes; 6.6% of workers work from home.
What is the unemployment rate in Milltown?
The unemployment rate in Milltown is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Milltown?
8.8% of adults in Milltown 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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