Milton, IL
Population 188 · Illinois
About Milton, IL
Milton is a small community located in Illinois with a population of 188 residents according to the latest US Census Bureau American Community Survey data. The median household income is $48,365 per year, which is 36% below the national median of $75,149. The median age of 35.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Milton features a median home value of $73,600, which is 70% below the national median of $244,900. This makes Milton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,350, 16% above the national average of $1,163/month. Of the 89 total housing units, 83% are owner-occupied (62 units) and 17% are renter-occupied (13 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Milton shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 31.4%, above the national average of 12.4%. Workers in Milton have an average one-way commute time of 25.3 minutes.
Education & Demographics
6.0% of Milton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 3.2% Hispanic or Latino, 4.3% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Milton, IL
Compared to national averages, Milton has a median household income of $48,365 (36% below the national median of $75,149). Home values average $73,600, which is 70% below the national median. Monthly rent at $1,350 is 16% above the US average of $1,163. Within Illinois, Milton's income is 36% below the state average of $75,072, and home values are 56% below the state median of $165,779.
Why Live in Milton, IL?
Milton offers affordable housing with a median home value of $73,600, below the US average of $244,900, and a strong job market with an unemployment rate of just 3.2%.
Potential considerations include median household income ($48,365) that falls below the national average. However, Milton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Milton has a population of 188 with a median age of 35.5 years. Compare Milton with other cities to see how it stacks up, or explore all cities in Illinois.
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Demographics
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Economy & Education
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Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Milton
What is the population of Milton, IL?
The population of Milton, IL is 188 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Milton?
The median household income in Milton, IL is $48,365 per year, which is 36% below the national median of $75,149.
What is the median home value in Milton?
The median home value in Milton, IL is $73,600, which is 70% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Milton?
The median monthly rent in Milton, IL is $1,350, which is 16% above the national average of $1,163/month.
What is the unemployment rate in Milton?
The unemployment rate in Milton, IL is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Milton, IL a good place to live?
Milton offers a moderate cost of living, affordable housing, and a strong job market. With a population of 188 and a median age of 35.5, the city appeals to a broad range of residents.
How educated is Milton, IL?
6.0% of residents in Milton aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Milton?
Key cost-of-living indicators for Milton, IL: median home value is $73,600 (70% below national), median rent is $1,350/month, and median household income is $48,365. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Milton?
The poverty rate in Milton, IL is 31.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Milton, IL?
Milton's population is 0.0% White, 3.2% Hispanic or Latino, 4.3% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.