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Milton town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

As of 2026, Milton town, Indiana has a total population of 345, the 580th largest city in Indiana, with a median household income of $45,375, which is 35% lower than the state average. The poverty rate is 15.7%.

Key Takeaways

Milton town Quick Facts

Population 345
Median Household Income $45,375
Median Home Value $81,700
Poverty Rate 15.7%
Unemployment Rate 1.1%
Median Age 39.8 years
Homeownership Rate 80.5%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 16.6%
High School Graduation Rate 92.6%
Diversity Index 11/100
Population 345 580th of 967
Median Income $45,375 bottom 20%
Poverty Rate 15.7% 26% higher national
Median Home Value $81,700 bottom 20%

How Milton town Compares

Economy & Housing

Employment

1.1% Unemployment Rate State: 4.3% | National: 5.2%
66.7% Labor Force Participation

Housing Overview

Owner 80.5%
Renter 19.5%
Affordability Index Very Affordable
1.8x home value to income ratio

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Milton town Rankings in Indiana

#580 Population of 967
#720 Median Income of 967
#406 Education of 967
#727 Home Value of 967

Other Cities in Sullivan County

CityPopulationMedian IncomePovertyHome Value
Hamilton town 1,849 $66,884 8.2% $265,600

Cities Similar to Milton town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Amity CDP338N/A$172,1000.0%19.2%
Johnson CDP337N/AN/A7.4%2.7%
Wheatland town352$47,500$58,6004.1%8.2%
Herbst CDP323N/AN/A11.7%17.0%
West Harrison town327$44,125$127,9003.3%13.5%

Population Overview

Milton town is a small community located in Indiana, within Sullivan County. The total population is 345. It ranks as the 580th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Milton town is 39.8 years. This is 5% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Milton town is $45,375. This is 35% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 42% lower. The poverty rate stands at 15.7%. This is 28% higher than the state poverty rate of 12.2%. The unemployment rate is 1.1%. This is 73% lower than the state rate of 4.3%. The median home value is $81,700. Housing costs are 59% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.8x, Milton town is one of the most affordable housing markets in the area. 80.5% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 70.3%.

Race & Ethnicity

Milton town has a predominantly White (non-Hispanic) population, comprising 94.2% of all residents.

Education

16.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 42% 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 92.6%.

Data Sources & Methodology

All demographic data for Milton town, 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.

Free data download: Get all Indiana city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Milton town, Indiana?

Milton town, Indiana has a population of 345 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Milton town, IN?

The median household income in Milton town is $45,375, which is 42% lower the national median of $78,538.

What is the poverty rate in Milton town, IN?

The poverty rate in Milton town is 15.7%. This means approximately 54 residents live below the federal poverty line.

What is the racial makeup of Milton town, Indiana?

Milton town's population is 94.2% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Milton town, IN?

The median home value in Milton town is $81,700. The home-value-to-income ratio is 1.8x.

How educated is Milton town, Indiana?

16.6% of adults (25+) in Milton town hold a bachelor's degree or higher, and 4.8% hold a graduate or professional degree.