Millerton, IA
Population 40 · Iowa
About Millerton, IA
Millerton is a small community located in Iowa with a population of 40 residents according to the latest US Census Bureau American Community Survey data. The median household income is $95,000 per year, which is 26% above the national median of $75,149. The median age of 44 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 Millerton features a median home value of $125,000, which is 49% below the national median of $244,900. This makes Millerton 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 21 total housing units, 100% are owner-occupied (16 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Millerton 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 7.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Millerton have an average one-way commute time of 14.6 minutes, one of the shorter commutes in the region.
Education & Demographics
21.4% of Millerton 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 Millerton, IA
Compared to national averages, Millerton has a median household income of $95,000 (26% above the national median of $75,149). Home values average $125,000, which is 49% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Millerton's income is 40% above the state average of $67,947, and home values are 5% below the state median of $132,237.
Why Live in Millerton, IA?
Millerton offers a strong local economy with a median household income of $95,000, well above the national average, and affordable housing with a median home value of $125,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 7.5%, better than the national average, and short commute times averaging just 14.6 minutes.
Millerton has a population of 40 with a median age of 44 years. Compare Millerton with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Millerton
Cities in Iowa with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Millerton With Other Cities
Frequently Asked Questions about Millerton
What is the population of Millerton, IA?
The population of Millerton, IA is 40 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Millerton?
The median household income in Millerton, IA is $95,000 per year, which is 26% above the national median of $75,149.
What is the median home value in Millerton?
The median home value in Millerton, IA is $125,000, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Millerton?
The median monthly rent in Millerton, IA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Millerton?
The unemployment rate in Millerton, IA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Millerton, IA a good place to live?
Millerton offers above-average incomes, affordable housing, and a strong job market. With a population of 40 and a median age of 44, the city appeals to a broad range of residents.
How educated is Millerton, IA?
21.4% of residents in Millerton 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 Millerton?
Key cost-of-living indicators for Millerton, IA: median home value is $125,000 (49% below national), median rent is $0/month, and median household income is $95,000. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Millerton?
The poverty rate in Millerton, IA is 7.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Millerton, IA?
Millerton'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.