Millgrove, IN
Population 27 · Indiana
About Millgrove, IN
Millgrove is a small community located in Indiana with a population of 27 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,750 per year, which is 9% below the national median of $75,149. The median age of 58.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Millgrove features a median home value of $92,900, which is 62% below the national median of $244,900. This makes Millgrove one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 18 total housing units, 100% are owner-occupied (18 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Millgrove shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Millgrove have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Millgrove 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Millgrove, IN
Compared to national averages, Millgrove has a median household income of $68,750 (9% below the national median of $75,149). Home values average $92,900, which is 62% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Millgrove's income is 1% below the state average of $69,330, and home values are 43% below the state median of $163,409.
Why Live in Millgrove, IN?
Millgrove offers affordable housing with a median home value of $92,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($68,750) that falls below the national average. However, Millgrove’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Millgrove has a population of 27 with a median age of 58.6 years. Compare Millgrove with other cities to see how it stacks up, or explore all cities in Indiana.
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Demographics
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Economy & Education
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Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Millgrove
What is the population of Millgrove, IN?
The population of Millgrove, IN is 27 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Millgrove?
The median household income in Millgrove, IN is $68,750 per year, which is 9% below the national median of $75,149.
What is the median home value in Millgrove?
The median home value in Millgrove, IN is $92,900, which is 62% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Millgrove?
The median monthly rent in Millgrove, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Millgrove?
The unemployment rate in Millgrove, IN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Millgrove, IN a good place to live?
Millgrove offers a moderate cost of living, affordable housing, and a strong job market. With a population of 27 and a median age of 58.6, the city appeals to established professionals and retirees.
How educated is Millgrove, IN?
0.0% of residents in Millgrove 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 Millgrove?
Key cost-of-living indicators for Millgrove, IN: median home value is $92,900 (62% below national), median rent is $0/month, and median household income is $68,750. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Millgrove?
The poverty rate in Millgrove, IN is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Millgrove, IN?
Millgrove's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.