Millstone, KY
Population 617 · Kentucky
About Millstone, KY
Millstone is a small community located in Kentucky with a population of 617 residents according to the latest US Census Bureau American Community Survey data. The median household income is $40,325 per year, which is 46% below the national median of $75,149. The median age of 34.9 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 Millstone features a median home value of $0, which is 100% below the national median of $244,900. This makes Millstone 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 181 total housing units, 43% are owner-occupied (77 units) and 57% are renter-occupied (104 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Millstone 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 42.1%, above the national average of 12.4%. Workers in Millstone have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Millstone 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 Millstone, KY
Compared to national averages, Millstone has a median household income of $40,325 (46% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Kentucky, Millstone's income is 39% below the state average of $66,273, and home values are 100% below the state median of $182,504.
Why Live in Millstone, KY?
Millstone offers affordable housing with a median home value of $0, 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 short commute times averaging just 0 minutes.
Potential considerations include median household income ($40,325) that falls below the national average. However, Millstone’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Millstone has a population of 617 with a median age of 34.9 years. Compare Millstone with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Millstone
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Island | 616 | $48,875 | $72,100 | Compare |
| Parkway Village | 613 | $85,875 | $236,900 | Compare |
| Glenview | 612 | $250,001 | $1,061,400 | Compare |
| Rolling Fields | 612 | $241,250 | $824,700 | Compare |
| Poplar Hills | 623 | $23,958 | $0 | Compare |
| Lynnview | 609 | $56,016 | $140,200 | Compare |
| Woodland Hills | 625 | $86,528 | $241,200 | Compare |
| Benham | 628 | $52,652 | $54,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Millstone With Other Cities
Frequently Asked Questions about Millstone
What is the population of Millstone, KY?
The population of Millstone, KY is 617 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Kentucky.
What is the median household income in Millstone?
The median household income in Millstone, KY is $40,325 per year, which is 46% below the national median of $75,149.
What is the median home value in Millstone?
The median home value in Millstone, KY is $0, which is 100% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Millstone?
The median monthly rent in Millstone, KY is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Millstone?
The unemployment rate in Millstone, KY is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Millstone, KY a good place to live?
Millstone offers a moderate cost of living, affordable housing, and a strong job market. With a population of 617 and a median age of 34.9, the city appeals to young professionals and families.
How educated is Millstone, KY?
0.0% of residents in Millstone 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 Millstone?
Key cost-of-living indicators for Millstone, KY: median home value is $0 (100% below national), median rent is $0/month, and median household income is $40,325. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Millstone?
The poverty rate in Millstone, KY is 42.1%, 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 Millstone, KY?
Millstone'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.