Milo, IA
Population 773 · Iowa
About Milo, IA
Milo is a small community in Iowa with a population of 773 residents. The median household income is $76,250 per year, which is above the national average. The median age in Milo is 36.7 years.
Housing in Milo has a median home value of $145,400 and median monthly rent of $860. Of the 324 total housing units, the majority are owner-occupied, with 270 owner-occupied and 44 renter-occupied units.
The unemployment rate in Milo is 0.0% and the poverty rate is 8.5%. 18.0% of residents hold a bachelor's degree or higher. The average commute time is 34.7 minutes.
Cost of Living in Milo, IA
Compared to national averages, Milo has a median household income of $76,250 (1% above the national median of $75,149). Home values average $145,400, which is 41% below the national median. Monthly rent at $860 is 26% below the US average of $1,163. Within Iowa, Milo's income is 12% above the state average of $67,947, and home values are 10% above the state median of $132,237.
Why Live in Milo, IA?
Milo offers a strong local economy with a median household income of $76,250, well above the national average, and affordable housing with a median home value of $145,400, below the US average of $244,900, and rent that’s lower than the national average at $860/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 8.5%, better than the national average.
Milo has a population of 773 with a median age of 36.7 years. Compare Milo with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Milo
What is the population of Milo, IA?
The population of Milo, IA is 773 according to the latest Census data.
What is the median household income in Milo?
The median household income in Milo, IA is $76,250 per year.
What is the median home value in Milo?
The median home value in Milo, IA is $145,400.
What is the average rent in Milo?
The median monthly rent in Milo, IA is $860.
What is the unemployment rate in Milo?
The unemployment rate in Milo, IA is 0.0%.