Lake Milton, Ohio Demographics & Population 2026
During the 2020–2024 ACS period, Lake Milton, Ohio had a total population of 548, the 859th largest community in Ohio, with a median household income of $109,688, which is 54% higher than the state average. The poverty rate is 7.7%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 54% above the state average — one of the wealthiest communities in Ohio.
Lake Milton Quick Facts
How Lake Milton Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 533 | 548 | +2.8% |
| Median household income | $94,000 | $109,688 | +16.7% |
| Median home value | $391,200 | $493,800 | +26.2% |
How Lake Milton Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Lake Milton Rankings in Ohio
Explore Ohio Rankings
Other Cities in Mahoning County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Youngstown | 59,331 | $34,408 | 37.3% | $63,300 |
| Austintown | 30,164 | $52,978 | 16.9% | $144,300 |
| Salem | 11,758 | $47,073 | 21.3% | $119,400 |
| Struthers | 9,923 | $53,447 | 15.0% | $100,100 |
| Campbell | 7,784 | $42,909 | 31.1% | $82,300 |
| Canfield | 7,649 | $97,439 | 4.1% | $254,800 |
| Sebring | 4,146 | $49,541 | 20.3% | $90,300 |
| Mineral Ridge | 3,657 | $59,161 | 6.0% | $154,600 |
| Poland | 2,357 | $92,417 | 3.5% | $199,700 |
| Woodworth | 1,824 | $60,417 | 11.8% | $146,300 |
Cities Similar to Lake Milton
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Beaver | 534 | N/A | $165,800 | 6.0% | 28.6% |
| Alexandria | 539 | $115,682 | $253,300 | 37.5% | 0.6% |
| Bourneville | 509 | N/A | $84,300 | 12.3% | 4.9% |
| Westminster | 526 | $118,583 | $190,100 | 23.3% | 0.0% |
| Peninsula | 576 | $117,708 | $432,700 | 56.0% | 4.7% |
A note before these figures: with a population of 548, Lake 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
Lake Milton is a small community located in Ohio, within Mahoning County. The total population is 548. It ranks as the 859th most populous out of 1,264 Census-designated places in Ohio.
Age Demographics
The median age in Lake Milton is 50.7 years. This is 28% higher than the state median of 39.7 years.
Economy, Income & Housing
The median household income in Lake Milton is $109,688. This is 54% higher than the state median of $71,389. It is also 36% higher than the national median of $80,734. The poverty rate stands at 7.7%. This is 42% lower than the state poverty rate of 13.3%. The unemployment rate is 3.1%. This is 36% lower than the state rate of 4.8%. The median home value is $493,800. Housing costs are 130% higher than the state median of $214,800. The home-value-to-income ratio is 4.5x. 88.2% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 67.2%.
Race & Ethnicity
Every resident counted in Lake Milton was recorded as White (non-Hispanic). A figure of exactly 99.1% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.
Education
32.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% higher than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.8%.
Data Sources & Methodology
All demographic data for Lake Milton, Ohio 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 Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. 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 Lake Milton, Ohio?
Lake Milton, Ohio has a population of 548 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Milton, OH?
The median household income in Lake Milton is $109,688, which is 36% higher than the national median of $80,734.
What is the poverty rate in Lake Milton, OH?
The poverty rate in Lake Milton is 7.7%. This means approximately 42 residents live below the federal poverty line.
What is the racial makeup of Lake Milton, Ohio?
Lake Milton's population is 99.1% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Lake Milton, OH?
The median home value in Lake Milton is $493,800. The home-value-to-income ratio is 4.5x.
How educated is Lake Milton, Ohio?
32.9% of adults (25+) in Lake Milton hold a bachelor's degree or higher, and 10.4% hold a graduate or professional degree.