Miltona, MN
Population 433 · Minnesota
About Miltona, MN
Miltona is a small community located in Minnesota with a population of 433 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,750 per year, which is 2% below the national median of $75,149. The median age of 35 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 Miltona features a median home value of $184,100, which is 25% below the national median of $244,900. This positions Miltona in a moderately priced market relative to the rest of the country. Median monthly rent is $860, 26% below the national average of $1,163/month. Of the 166 total housing units, 73% are owner-occupied (122 units) and 27% are renter-occupied (44 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Miltona shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 19.6%, above the national average of 12.4%. Workers in Miltona have an average one-way commute time of 24 minutes.
Education & Demographics
16.7% of Miltona 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, 1.4% Hispanic or Latino, 0.0% Black or African American, and 1.6% Asian residents, with 0.5% of the population being foreign-born.
Cost of Living in Miltona, MN
Compared to national averages, Miltona has a median household income of $73,750 (2% below the national median of $75,149). Home values average $184,100, which is 25% below the national median. Monthly rent at $860 is 26% below the US average of $1,163. Within Minnesota, Miltona's income is 1% below the state average of $74,221, and home values are 10% below the state median of $204,472.
Why Live in Miltona, MN?
Miltona offers affordable housing with a median home value of $184,100, below the US average of $244,900, and rent that’s lower than the national average at $860/month, and a strong job market with an unemployment rate of just 3.3%. Additionally, the city features short commute times averaging just 24 minutes.
Potential considerations include median household income ($73,750) that falls below the national average. However, Miltona’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Miltona has a population of 433 with a median age of 35 years. Compare Miltona with other cities to see how it stacks up, or explore all cities in Minnesota.
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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 Miltona
What is the population of Miltona, MN?
The population of Miltona, MN is 433 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Miltona?
The median household income in Miltona, MN is $73,750 per year, which is 2% below the national median of $75,149.
What is the median home value in Miltona?
The median home value in Miltona, MN is $184,100, which is 25% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Miltona?
The median monthly rent in Miltona, MN is $860, which is 26% below the national average of $1,163/month.
What is the unemployment rate in Miltona?
The unemployment rate in Miltona, MN is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Miltona, MN a good place to live?
Miltona offers a moderate cost of living, affordable housing, and a strong job market. With a population of 433 and a median age of 35, the city appeals to a broad range of residents.
How educated is Miltona, MN?
16.7% of residents in Miltona 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 Miltona?
Key cost-of-living indicators for Miltona, MN: median home value is $184,100 (25% below national), median rent is $860/month, and median household income is $73,750. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Miltona?
The poverty rate in Miltona, MN is 19.6%, 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 Miltona, MN?
Miltona's population is 0.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 1.6% Asian, and 0.0% two or more races. 0.5% of residents are foreign-born.