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Milltown, Wisconsin Demographics & Population 2026

During the 2020–2024 ACS period, Milltown, Wisconsin had a total population of 861, the 428th largest village in Wisconsin, with a median household income of $42,083, which is 46% lower than the state average. The poverty rate is 17.6%.

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

Key Takeaways

Milltown Quick Facts

Population 861
Median Household Income $42,083
Median Home Value $123,100
Poverty Rate 17.6%
Unemployment Rate 4.8%
Median Age 54.4 years
Homeownership Rate 61.6%
Affordability Ratio 2.9x
Bachelor's Degree or Higher 8.8%
High School Graduation Rate 91.1%
Diversity Index 18/100
Population 861 428th of 808
Median Income $42,083 bottom 10%
Poverty Rate 17.6% 42% higher than national
Median Home Value $123,100 bottom 20%

How Milltown 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
Population817861+5.4%
Median household income$37,500$42,083+12.2%
Median home value$114,200$123,100+7.8%

How Milltown Compares

Economy & Housing

Household Income Distribution

Under $25K 28.6%
$25K-$50K 26.1%
$50K-$100K 27.5%
$100K+ 17.9%
Detailed income brackets
Under $10K
9.8%
$10K-$15K
6.7%
$15K-$20K
5.1%
$20K-$25K
6.9%
$25K-$30K
8.7%
$30K-$35K
5.8%
$35K-$40K
5.8%
$40K-$45K
3.1%
$45K-$50K
2.7%
$50K-$60K
7.6%
$60K-$75K
8.7%
$75K-$100K
11.2%
$100K-$125K
11.6%
$125K-$150K
2.9%
$150K-$200K
1.6%
$200K+
1.8%

Employment

4.8% Unemployment Rate State: 3.3%|National: 5.2%
54.1% Labor Force Participation

Housing Overview

Owner 61.6%
Renter 38.4%
Affordability Index Very Affordable
2.9x home value to income ratio
Median gross rent $715/mo 20.4% of median household income annually

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: 37 | National average: 61

Education

Milltown Rankings in Wisconsin

#428 Population of 808
#752 Median Income of 788
#716 Education of 808
#681 Home Value of 799

Other Cities in Polk County

CityPopulationMedian IncomePovertyHome Value
Amery 2,959 $59,219 5.9% $183,000
Osceola 2,849 $53,361 14.1% $230,600
St. Croix Falls 2,423 $65,300 3.4% $249,400
Frederic 1,140 $52,800 16.0% $153,500
Luck 1,124 $68,606 9.9% $167,500
Dresser 1,028 $80,114 8.1% $196,100
Clear Lake 957 $74,000 17.3% $198,700
Centuria 806 $49,821 23.2% $145,600
Balsam Lake 754 $52,011 11.2% $210,200
Clayton 370 $58,750 16.2% $135,700

Cities Similar to Milltown

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wild Rose903$48,750$110,90022.4%14.2%
Friendship813$48,631$115,10010.3%34.9%
Iron River826$50,536$171,10021.0%14.4%
Fountain City835$51,750$169,00028.3%11.3%
Centuria806$49,821$145,6007.1%23.2%

A note before these figures: with a population of 861, Milltown'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

Milltown is a small community located in Wisconsin, within Polk County. The total population is 861. It ranks as the 428th most populous out of 808 Census-designated places in Wisconsin.

Age Demographics

The median age in Milltown is 54.4 years. This is 35% higher than the state median of 40.2 years. Only 13.2% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Milltown is $42,083. This is 46% lower than the state median of $77,485. It is also 48% lower than the national median of $80,734. The poverty rate stands at 17.6%. This is 67% higher than the state poverty rate of 10.5%. The unemployment rate is 4.8%. This is 49% higher than the state rate of 3.3%. The median home value is $123,100. Housing costs are 54% lower than the state median of $266,500. With a home-value-to-income ratio of just 2.9x, Milltown is one of the most affordable housing markets in the area. 61.6% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 67.8%.

Race & Ethnicity

Milltown has a predominantly White (non-Hispanic) population, comprising 90.4% of all residents. Hispanic or Latino residents account for 3.4%. The Hispanic or Latino population (3.4%) is well below the state average of 8.0%.

Education

8.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 74% lower than the state rate of 33.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.1%.

Data Sources & Methodology

All demographic data for Milltown, Wisconsin 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 Wisconsin state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 808 Census-designated places in Wisconsin. 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 Milltown, Wisconsin?

Milltown, Wisconsin has a population of 861 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Milltown, WI?

The median household income in Milltown is $42,083, which is 48% lower than the national median of $80,734.

What is the poverty rate in Milltown, WI?

The poverty rate in Milltown is 17.6%. This means approximately 152 residents live below the federal poverty line.

What is the racial makeup of Milltown, Wisconsin?

Milltown's population is 90.4% White, 0.0% Black, 3.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Milltown, WI?

The median home value in Milltown is $123,100. The home-value-to-income ratio is 2.9x.

How educated is Milltown, Wisconsin?

8.8% of adults (25+) in Milltown hold a bachelor's degree or higher, and 3.0% hold a graduate or professional degree.