Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.0 yrs |
|---|---|
| Avg HH Size | 2.52 |
| Below Poverty | 6.0% ▼ 40% below avg |
| College Grads | 30.4% ▼ 22% below avg |
| Unemployment | 0.3% ▼ 94% below avg |
| No HS Diploma | 2 (0.3%) |
| HS Graduate | 329 (43.7%) |
| Some College | 83 (11%) |
| Associates | 110 (14.6%) |
| Bachelors | 106 (14.1%) |
| Graduate Degree | 123 (16.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $97,544 ▲ 28% above avg |
|---|---|
| Median Home Value | $131,300 ▼ 53% below avg |
| Home/Income Ratio | 1.3x (nat avg ~3.5x) |
| Median Rent | $761/mo |
| Total Housing Units | 501 |
| Vacant Units | 31 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Milton is a city in Indiana, located in Wayne County. The city spans 1 ZIP code and is home to approximately 1,184 residents. It is a middle-aged city, with a median age of 40 years.
Economically, Milton is a middle-income community. The median household income of $97,544 is above the national average. Approximately 6.0% of residents live below the poverty line. The unemployment rate is 0.3%, well below the national average.
The real estate market in Milton is one of the more affordable housing markets in the country. Median home values stand at $131,300, which is well below the national average. Renters typically pay around $761 per month. Homeownership is high at 91.3%, typical of suburban and family-oriented communities.
The population of Milton is moderately educated. 30.4% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (98.23%).
Milton, IN offers residents above-average earning potential within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47357 | 1,184 | $97,544 | $131,300 | $761 | 0.3% | 30.4% | 91.3% |