Milo, ME
Population 1,445 · Maine
About Milo, ME
Milo is a small community in Maine with a population of 1,445 residents. The median household income is $52,660 per year, which is near the national average. The median age in Milo is 52.6 years.
Housing in Milo has a median home value of $88,000 and median monthly rent of $608. Of the 930 total housing units, the majority are owner-occupied, with 558 owner-occupied and 227 renter-occupied units.
The unemployment rate in Milo is 0.5% and the poverty rate is 17.2%. 23.4% of residents hold a bachelor's degree or higher. The average commute time is 37.8 minutes.
How Milo Ranks in Maine
Cost of Living in Milo, ME
Compared to national averages, Milo has a median household income of $52,660 (30% below the national median of $75,149). Home values average $88,000, which is 64% below the national median. Monthly rent at $608 is 48% below the US average of $1,163. Within Maine, Milo's income is 18% below the state average of $64,613, and home values are 65% below the state median of $251,113.
Why Live in Milo, ME?
Milo offers affordable housing with a median home value of $88,000, below the US average of $244,900, and rent that’s lower than the national average at $608/month, and a strong job market with an unemployment rate of just 0.5%.
Potential considerations include median household income ($52,660) that falls below the national average. However, Milo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Milo has a population of 1,445 with a median age of 52.6 years. Compare Milo with other cities to see how it stacks up, or explore all cities in Maine.
Similar Cities Near Milo
Cities in Maine with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Falmouth | 1,447 | $89,625 | $737,300 | Compare |
| Kennebunkport | 1,450 | $118,922 | $805,200 | Compare |
| Newport | 1,469 | $42,740 | $162,800 | Compare |
| Randolph | 1,479 | $52,917 | $157,000 | Compare |
| Waldoboro | 1,487 | $66,290 | $277,200 | Compare |
| Machias | 1,395 | $28,047 | $117,800 | Compare |
| West Kennebunk | 1,367 | $101,761 | $514,700 | Compare |
| Freeport | 1,544 | $48,352 | $344,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maine
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, ME?
The population of Milo, ME is 1,445 according to the latest Census data.
What is the median household income in Milo?
The median household income in Milo, ME is $52,660 per year.
What is the median home value in Milo?
The median home value in Milo, ME is $88,000.
What is the average rent in Milo?
The median monthly rent in Milo, ME is $608.
What is the unemployment rate in Milo?
The unemployment rate in Milo, ME is 0.5%.