Lake Milton, OH
Population 533 · Ohio
About Lake Milton, OH
Lake Milton is a small community in Ohio with a population of 533 residents. The median household income is $94,000 per year, which is above the national average. The median age in Lake Milton is 47.7 years.
Housing in Lake Milton has a median home value of $391,200 and median monthly rent of $817. Of the 452 total housing units, the majority are owner-occupied, with 195 owner-occupied and 29 renter-occupied units.
The unemployment rate in Lake Milton is 2.9% and the poverty rate is 8.1%. 38.5% of residents hold a bachelor's degree or higher. The average commute time is 26.4 minutes.
Cost of Living in Lake Milton, OH
Compared to national averages, Lake Milton has a median household income of $94,000 (25% above the national median of $75,149). Home values average $391,200, which is 60% above the national median. Monthly rent at $817 is 30% below the US average of $1,163. Within Ohio, Lake Milton's income is 31% above the state average of $71,814, and home values are 124% above the state median of $174,449.
Why Live in Lake Milton, OH?
Lake Milton offers a strong local economy with a median household income of $94,000, well above the national average, and rent that’s lower than the national average at $817/month, and a strong job market with an unemployment rate of just 2.9%. Additionally, the city features a well-educated community where 38.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $391,200. However, Lake Milton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Milton has a population of 533 with a median age of 47.7 years. Compare Lake Milton with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Lake Milton
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cuyahoga Heights | 534 | $66,875 | $210,700 | Compare |
| Richmond | 534 | $61,250 | $119,100 | Compare |
| Waite Hill | 532 | $159,375 | $746,400 | Compare |
| Warsaw | 534 | $36,827 | $118,400 | Compare |
| Polk | 535 | $63,438 | $122,300 | Compare |
| Hamler | 536 | $63,750 | $116,500 | Compare |
| West Logan | 537 | $27,898 | $68,100 | Compare |
| Crown City | 538 | $44,922 | $133,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lake Milton With Other Cities
Frequently Asked Questions about Lake Milton
What is the population of Lake Milton, OH?
The population of Lake Milton, OH is 533 according to the latest Census data.
What is the median household income in Lake Milton?
The median household income in Lake Milton, OH is $94,000 per year.
What is the median home value in Lake Milton?
The median home value in Lake Milton, OH is $391,200.
What is the average rent in Lake Milton?
The median monthly rent in Lake Milton, OH is $817.
What is the unemployment rate in Lake Milton?
The unemployment rate in Lake Milton, OH is 2.9%.