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Milroy, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Milroy, Indiana had a total population of 522, the 503rd largest community in Indiana, with a median household income of $83,164, which is 16% higher than the state average. The poverty rate is 4.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Milroy Quick Facts

Population 522
Median Household Income $83,164
Median Home Value $132,100
Poverty Rate 4.5%
Unemployment Rate 0.7%
Median Age 57.3 years
Homeownership Rate 92.1%
Affordability Ratio 1.6x
Bachelor's Degree or Higher 26.9%
High School Graduation Rate 99.8%
Diversity Index 18/100
Population 522 503rd of 967
Median Income $83,164 top 30%
Poverty Rate 4.5% 64% lower than national
Median Home Value $132,100 average

How Milroy Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population629522-17.0%
Median household income$81,875$83,164+1.6%
Median home value$105,000$132,100+25.8%

How Milroy Compares

Economy & Housing

Household Income Distribution

Under $25K 7.1%
$25K-$50K 35.2%
$50K-$100K 44.2%
$100K+ 13.5%
Detailed income brackets
Under $10K
3.8%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
3.4%
$25K-$30K
18.0%
$30K-$35K
5.6%
$35K-$40K
0.0%
$40K-$45K
0.0%
$45K-$50K
11.6%
$50K-$60K
0.0%
$60K-$75K
4.5%
$75K-$100K
39.7%
$100K-$125K
9.4%
$125K-$150K
4.1%
$150K-$200K
0.0%
$200K+
0.0%

Employment

0.7% Unemployment Rate State: 4.3%|National: 5.2%
57.5% Labor Force Participation

Housing Overview

Owner 92.1%
Renter 7.9%
Affordability Index Very Affordable
1.6x home value to income ratio

People & Demographics

Diversity Index

18out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Milroy Rankings in Indiana

#503 Population of 967
#177 Median Income of 796
#205 Education of 966
#477 Home Value of 818

Other Cities in Rush County

CityPopulationMedian IncomePovertyHome Value
Rushville 6,036 $53,434 17.3% $127,300
Arlington 678 $57,841 13.1% $131,300
Carthage 675 $51,731 20.2% $89,800
Manilla 328 $51,765 7.3% $102,500

Cities Similar to Milroy

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lake Eliza545N/A$173,0005.6%10.3%
Snow Lake519$76,778$373,30045.7%2.3%
Williamsburg510$77,500$96,5001.4%22.4%
St. Bernice554N/A$92,7000.0%3.8%
Metamora491N/AN/A0.0%0.0%

A note before these figures: with a population of 522, Milroy's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Milroy is a small community located in Indiana, within Rush County. The total population is 522. It ranks as the 503rd most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Milroy is 57.3 years. This is 50% higher than the state median of 38.1 years. Only 7.1% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Milroy is $83,164. This is 16% higher than the state median of $71,957. It is also 3% higher than the national median of $80,734. The poverty rate stands at 4.5%. This is 64% lower than the state poverty rate of 12.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.7%. This is 83% lower than the state rate of 4.3%. The median home value is $132,100. Housing costs are 39% lower than the state median of $218,200. With a home-value-to-income ratio of just 1.6x, Milroy is one of the most affordable housing markets in the area. 92.1% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 70.5%.

Race & Ethnicity

Milroy has a predominantly White (non-Hispanic) population, comprising 90.4% of all residents.

Education

26.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 9% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.8%. Notably, 22.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Milroy, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Milroy, Indiana?

Milroy, Indiana has a population of 522 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Milroy, IN?

The median household income in Milroy is $83,164, which is 3% higher than the national median of $80,734.

What is the poverty rate in Milroy, IN?

The poverty rate in Milroy is 4.5%. This means approximately 23 residents live below the federal poverty line.

What is the racial makeup of Milroy, Indiana?

Milroy's population is 90.4% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Milroy, IN?

The median home value in Milroy is $132,100. The home-value-to-income ratio is 1.6x.

How educated is Milroy, Indiana?

26.9% of adults (25+) in Milroy hold a bachelor's degree or higher, and 22.4% hold a graduate or professional degree.