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Milton, Kentucky Demographics & Population 2026

During the 2020–2024 ACS period, Milton, Kentucky had a total population of 637, the 310th largest city in Kentucky, with a median household income of $62,500, which is 2% lower than the state average. The poverty rate is 7.1%.

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

Milton Quick Facts

Population 637
Median Household Income $62,500
Median Home Value $156,700
Poverty Rate 7.1%
Unemployment Rate 6.5%
Median Age 35.6 years
Homeownership Rate 59.3%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 17.8%
High School Graduation Rate 95.3%
Diversity Index 40/100
Population 637 310th of 552
Median Income $62,500 above average
Poverty Rate 7.1% 43% lower than national
Median Home Value $156,700 average

How Milton 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
Population734637-13.2%
Median household income$57,188$62,500+9.3%
Median home value$160,900$156,700-2.6%

How Milton Compares

Economy & Housing

Household Income Distribution

Under $25K 17.0%
$25K-$50K 13.1%
$50K-$100K 41.5%
$100K+ 28.4%
Detailed income brackets
Under $10K
2.5%
$10K-$15K
0.4%
$15K-$20K
9.3%
$20K-$25K
4.7%
$25K-$30K
3.0%
$30K-$35K
3.8%
$35K-$40K
2.1%
$40K-$45K
3.0%
$45K-$50K
1.3%
$50K-$60K
19.1%
$60K-$75K
9.8%
$75K-$100K
12.7%
$100K-$125K
8.1%
$125K-$150K
10.6%
$150K-$200K
3.8%
$200K+
5.9%

Employment

6.5% Unemployment Rate State: 4.9%|National: 5.2%
61.9% Labor Force Participation

Housing Overview

Owner 59.3%
Renter 40.7%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $763/mo 14.6% of median household income annually

People & Demographics

Diversity Index

40out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 33 | National average: 61

Education

Milton Rankings in Kentucky

#310 Population of 552
#199 Median Income of 496
#274 Education of 550
#255 Home Value of 495

Other Cities in Trimble County

CityPopulationMedian IncomePovertyHome Value
Bedford 386 $41,875 26.4% $95,800

Cities Similar to Milton

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mortons Gap650N/A$96,8005.8%24.6%
Lynnview641$55,833$161,60020.6%12.3%
Cawood596N/A$69,80033.7%6.4%
Loretto683$61,250$183,1008.2%8.2%
Park City670$55,769$150,00012.2%8.1%

A note before these figures: with a population of 637, Milton'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

Milton is a small community located in Kentucky, within Trimble County. The total population is 637. It ranks as the 310th most populous out of 552 Census-designated places in Kentucky.

Age Demographics

The median age in Milton is 35.6 years. This is 9% lower than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Milton is $62,500. This is 2% lower than the state median of $63,726. It is also 23% lower than the national median of $80,734. The poverty rate stands at 7.1%. This is 56% lower than the state poverty rate of 16.1%. The unemployment rate is 6.5%. This is 33% higher than the state rate of 4.9%. The median home value is $156,700. Housing costs are 24% lower than the state median of $205,600. With a home-value-to-income ratio of just 2.5x, Milton is one of the most affordable housing markets in the area. 59.3% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 68.3%.

Race & Ethnicity

The largest racial or ethnic group in Milton is White (non-Hispanic), making up 76.0% of the population. Hispanic or Latino residents account for 12.7%. The Black or African American population (0.3%) is well below the state average of 7.5%. The Hispanic or Latino population is significantly higher than the state average (12.7% vs 5.0%). The Asian population (0.6%) is well below the state average of 1.6%.

Education

17.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 35% lower than the state rate of 27.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.3%.

Data Sources & Methodology

All demographic data for Milton, Kentucky 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 Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. 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 Milton, Kentucky?

Milton, Kentucky has a population of 637 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Milton, KY?

The median household income in Milton is $62,500, which is 23% lower than the national median of $80,734.

What is the poverty rate in Milton, KY?

The poverty rate in Milton is 7.1%. This means approximately 45 residents live below the federal poverty line.

What is the racial makeup of Milton, Kentucky?

Milton's population is 76.0% White, 0.3% Black, 12.7% Hispanic/Latino, and 0.6% Asian.

What is the median home value in Milton, KY?

The median home value in Milton is $156,700. The home-value-to-income ratio is 2.5x.

How educated is Milton, Kentucky?

17.8% of adults (25+) in Milton hold a bachelor's degree or higher, and 8.1% hold a graduate or professional degree.