Milam, TX
Population 1,275 · Texas
About Milam, TX
Milam is a small town located in Texas with a population of 1,275 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,200 per year, which is 39% below the national median of $75,149. The median age of 60.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Milam features a median home value of $124,900, which is 49% below the national median of $244,900. This makes Milam 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 1,128 total housing units, 91% are owner-occupied (539 units) and 9% are renter-occupied (51 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Milam shows an unemployment rate of 10.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 20.2%, above the national average of 12.4%. Workers in Milam have an average one-way commute time of 17.1 minutes, one of the shorter commutes in the region.
Education & Demographics
27.3% of Milam residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 7.8% White, 1.6% Hispanic or Latino, 0.0% Black or African American, and 1.6% Asian residents, with 4.1% of the population being foreign-born.
Cost of Living in Milam, TX
Compared to national averages, Milam has a median household income of $46,200 (39% below the national median of $75,149). Home values average $124,900, which is 49% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Milam's income is 36% below the state average of $72,726, and home values are 41% below the state median of $211,769.
Why Live in Milam, TX?
Milam offers affordable housing with a median home value of $124,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 17.1 minutes.
Potential considerations include median household income ($46,200) that falls below the national average. However, Milam’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Milam has a population of 1,275 with a median age of 60.5 years. Compare Milam with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Milam
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Frankston | 1,270 | $59,423 | $105,800 | Compare |
| Lamar | 1,282 | $83,117 | $323,700 | Compare |
| Booker | 1,283 | $67,569 | $141,400 | Compare |
| Seven Points | 1,287 | $55,517 | $94,300 | Compare |
| Dennis | 1,290 | $162,558 | $550,200 | Compare |
| Moody | 1,258 | $57,125 | $121,200 | Compare |
| Nevada | 1,292 | $133,750 | $397,700 | Compare |
| Santa Anna | 1,257 | $47,750 | $54,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Milam With Other Cities
Frequently Asked Questions about Milam
What is the population of Milam, TX?
The population of Milam, TX is 1,275 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Milam?
The median household income in Milam, TX is $46,200 per year, which is 39% below the national median of $75,149.
What is the median home value in Milam?
The median home value in Milam, TX is $124,900, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Milam?
The median monthly rent in Milam, TX is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Milam?
The unemployment rate in Milam, TX is 10.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Milam, TX a good place to live?
Milam offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,275 and a median age of 60.5, the city appeals to established professionals and retirees.
How educated is Milam, TX?
27.3% of residents in Milam 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 Milam?
Key cost-of-living indicators for Milam, TX: median home value is $124,900 (49% below national), median rent is $0/month, and median household income is $46,200. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Milam?
The poverty rate in Milam, TX is 20.2%, 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 Milam, TX?
Milam's population is 7.8% White, 1.6% Hispanic or Latino, 0.0% Black or African American, 1.6% Asian, and 0.0% two or more races. 4.1% of residents are foreign-born.