Milton, KY
Population 734 · Kentucky
About Milton, KY
Milton is a small community in Kentucky with a population of 734 residents. The median household income is $57,188 per year, which is near the national average. The median age in Milton is 39.2 years.
Housing in Milton has a median home value of $160,900 and median monthly rent of $830. Of the 309 total housing units, the majority are owner-occupied, with 161 owner-occupied and 105 renter-occupied units.
The unemployment rate in Milton is 5.9% and the poverty rate is 6.3%. 11.4% of residents hold a bachelor's degree or higher. The average commute time is 26.9 minutes.
Cost of Living in Milton, KY
Compared to national averages, Milton has a median household income of $57,188 (24% below the national median of $75,149). Home values average $160,900, which is 34% below the national median. Monthly rent at $830 is 29% below the US average of $1,163. Within Kentucky, Milton's income is 14% below the state average of $66,273, and home values are 12% below the state median of $182,504.
Why Live in Milton, KY?
Milton offers affordable housing with a median home value of $160,900, below the US average of $244,900, and rent that’s lower than the national average at $830/month, and a low poverty rate of 6.3%, better than the national average.
Potential considerations include median household income ($57,188) 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 734 with a median age of 39.2 years. Compare Milton with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Milton
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Houston Acres | 736 | $104,583 | $243,800 | Compare |
| Watterson Park | 736 | $38,984 | $187,500 | Compare |
| Loretto | 730 | $59,028 | $178,300 | Compare |
| Pleasant Ridge | 729 | $41,615 | $104,500 | Compare |
| Lynch | 727 | $28,958 | $55,700 | Compare |
| Bardwell | 744 | $46,711 | $88,000 | Compare |
| Mortons Gap | 746 | $38,750 | $99,000 | Compare |
| Garrison | 748 | $36,765 | $65,900 | 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.
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Frequently Asked Questions about Milton
What is the population of Milton, KY?
The population of Milton, KY is 734 according to the latest Census data.
What is the median household income in Milton?
The median household income in Milton, KY is $57,188 per year.
What is the median home value in Milton?
The median home value in Milton, KY is $160,900.
What is the average rent in Milton?
The median monthly rent in Milton, KY is $830.
What is the unemployment rate in Milton?
The unemployment rate in Milton, KY is 5.9%.