Milroy CDP, Indiana Demographics & Population 2026

Population Overview

Milroy CDP is a small community located in Indiana. The total population is 629. It ranks as the 460th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Milroy CDP is 52.7 years. This is 39% higher than the state median of 38.0 years. Only 9.7% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Milroy CDP is $81,875. This is 17% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 4% higher. The poverty rate stands at 3.1%. This is 75% lower than the state poverty rate of 12.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.9%. This is 80% lower than the state rate of 4.3%. The median home value is $105,000. Housing costs are 48% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.3x, Milroy CDP is one of the most affordable housing markets in the area. 96.0% of occupied housing units are owner-occupied. This homeownership rate is 36% higher than the state average of 70.3%.

Race & Ethnicity

Milroy CDP has a predominantly White (non-Hispanic) population, comprising 91.7% of all residents. Hispanic or Latino residents account for 0.5%. The Hispanic or Latino population (0.5%) is well below the state average of 8.4%.

Education

21.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 24% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.6%. Notably, 19.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Milroy CDP, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.