Milton, IA
Population 451 · Iowa
About Milton, IA
Milton is a small community in Iowa with a population of 451 residents. The median household income is $41,875 per year, which is below the national average. The median age in Milton is 33.3 years.
Housing in Milton has a median home value of $54,400 and median monthly rent of $550. Of the 201 total housing units, the majority are owner-occupied, with 135 owner-occupied and 40 renter-occupied units.
The unemployment rate in Milton is 4.2% and the poverty rate is 25.9%. 9.3% of residents hold a bachelor's degree or higher. The average commute time is 21 minutes.
Cost of Living in Milton, IA
Compared to national averages, Milton has a median household income of $41,875 (44% below the national median of $75,149). Home values average $54,400, which is 78% below the national median. Monthly rent at $550 is 53% below the US average of $1,163. Within Iowa, Milton's income is 38% below the state average of $67,947, and home values are 59% below the state median of $132,237.
Why Live in Milton, IA?
Milton offers affordable housing with a median home value of $54,400, below the US average of $244,900, and rent that’s lower than the national average at $550/month, and short commute times averaging just 21 minutes.
Potential considerations include median household income ($41,875) 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 451 with a median age of 33.3 years. Compare Milton with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Milton
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Arlington | 452 | $41,250 | $110,900 | Compare |
| Clermont | 452 | $73,906 | $117,200 | Compare |
| Bussey | 453 | $47,857 | $62,500 | Compare |
| Maynard | 448 | $49,375 | $129,500 | Compare |
| Thompson | 448 | $49,375 | $99,600 | Compare |
| Oxford Junction | 447 | $61,250 | $66,700 | Compare |
| Clearfield | 444 | $47,083 | $63,000 | Compare |
| Conesville | 440 | $59,250 | $67,000 | Compare |
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.
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Frequently Asked Questions about Milton
What is the population of Milton, IA?
The population of Milton, IA is 451 according to the latest Census data.
What is the median household income in Milton?
The median household income in Milton, IA is $41,875 per year.
What is the median home value in Milton?
The median home value in Milton, IA is $54,400.
What is the average rent in Milton?
The median monthly rent in Milton, IA is $550.
What is the unemployment rate in Milton?
The unemployment rate in Milton, IA is 4.2%.