Millwood, KY demographics:
population, income, and more

Total population
229
227.1% year-over-year change
Median household income
$/yr
% year-over-year change
Housing units
72
80.0% year-over-year change

Millwood population

How many people live in Millwood

Millwood is home to 229 residents, according to the most recent Census data. Gender-wise, 28.4% of Millwood locals are male, and 71.6% are female.

Total population
229
227.1% year-over-year change
Gender ratio
Male
28.4%
65
Female
71.6%
164
Value Percent YoY change
Male 65 28.4% 261.1%
Female 164 71.6% 215.4%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Millwood is 37, with the population distributed as follows: about 16.2% are children under 15, then 27.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 38.4% of the population, while another 2.6% fall into the 45 to 64 bracket. Finally, around 15.7% are 65 or older.

Median age
37
Age breakdown
Under 15
16.2%
15 to 24
27.1%
25 to 44
38.4%
45 to 64
2.6%
Over 65
15.7%
Value Percent YoY change
Under 15 37 16.2% 184.6%
15 to 24 62 27.1% 520.0%
25 to 44 88 38.4% 252.0%
45 to 64 6 2.6% N/A
Over 65 36 15.7% 63.6%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

There’s also a share of 12.2% that includes residents with two or more races.

Citizenship
U.S.-born citizens
100%
Non-U.S.-born citizens
0%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 229 100% 227.1%
Racial breakdown
White
87.8%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
12.2%
Other
0%
Value Percent
White 201 87.8%
Two or more races 28 12.2%

Households in Millwood

A peek inside Millwood households

Millwood has 72 households, with an average of 3 members in each. Of these, 69.4% are families, while the remaining 30.6% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
72
80.0% year-over-year change
Average people per household
3
Non-family households
22
Family households
50
Value Percent YoY change
Non-family households 22 30.6% 22.2%
Family households 50 69.4% 127.3%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Millwood

The housing landscape of Millwood

Millwood's housing consists of 72 units, with 37.5% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 45.8% of the housing landscape.

Housing units
72
80.0% year-over-year change
Housing types
Value Percent
1 unit, detached 27 37.5%
5 to 9 units 12 16.7%
Mobile home 33 45.8%
Homes built since 2020
% year-over-year change

The age of buildings in Millwood

In Millwood, the median construction year is 1973. About 16.7% of homes were built before the 1940s, with another 12.5% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 12 16.7% -14.3%
Built between 1940 and 1949 9 12.5% N/A
Built between 1960 and 1969 13 18.1% N/A
Built between 1970 and 1979 8 11.1% 14.3%
Built between 2000 and 2009 24 33.3% 26.3%
Built between 2010 and 2019 6 8.3% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Millwood occupancy rates

Out of the 72 occupied housing units in Millwood, 70.8% are owner-occupied, while 29.2% are lived in by tenants.

Occupied housing units
72
80.0% year-over-year change
Occupancy breakdown
Renter occupied
21
Owner occupied
51
Value Percent YoY
change
Renter occupied 21 29.2% 50.0%
Owner occupied 51 70.8% 96.2%
Unoccupied housing units
0.0%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Millwood housing costs

Median housing costs per month
$694/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.

Education in Millwood

Millwood education at a glance

About 72.7% of the population in Millwood went to high school, while 8.2% pursued college studies. Another earned an associate degree and 13.7% hold a bachelor’s. Meanwhile, 5.5% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
High school diploma 133 72.7% 216.7%
College diploma 15 8.2% N/A
Bachelor's degree 25 13.7% 257.1%
Graduate degree 10 5.5% 25.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Millwood

How much people earn in Millwood

The average annual household income in Millwood was $43,791 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +23.2% change from the previous year.

Average household income in Millwood
$43,791/year
23.2% year-over-year change

Millwood income by age

Overall, 42.8% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Above poverty level
98
Below poverty level
131
Value Percent YoY
change
Above poverty level 98 42.8% 276.9%
Below poverty level 131 57.2% 197.7%

Employment in Millwood

Workforce and job types in Millwood

Workforce demographics

White collar
39
Blue collar
Value Percent YoY change
White collar 39 100% 387.5%
Employer type
Self employees
0%
Private companies
100%
Governmental workers
0%
Not for profit companies
0%
Value Percent YoY change
Private companies 39 100% 387.5%

Transportation in Millwood

How people get around in Millwood

In Millwood, the average commute time is 14 minutes.

Commute time
14 min
Means of transportation
Value Percent YoY change
Car 39 100% 387.5%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Millwood by zipcode?

Zipcode Population Number of households Median income Average income
42762 229 72 $0 $43,797

Explore more communities

FAQs about Millwood demographics 

What is the total population of Millwood?

Millwood has a total population of 229 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +227.1% compared to a year ago.

What is the gender ratio in Millwood?

The gender ratio in Millwood is as follows:
  • 28.4% males (65 residents)
  • 71.6% females (164 residents)

What is the median age in Millwood?

The median age in Millwood is 37.

What is the age distribution of the population in Millwood?

The age distribution in Millwood is as follows:
  • Under 15: 16.2% (37 residents)
  • Ages 15-24: 27.1% (62 residents)
  • Ages 25-44: 38.4% (88 residents)
  • Ages 45-64: 2.6% (6 residents)
  • Over 65: 15.7% (36 residents)

What is the racial and ethnic makeup of Millwood?

The racial and ethnic makeup of Millwood is as follows:
  • White: 87.8% (201 residents)
  • Black or African American: 0% ( residents)
  • American Indian and Alaska Native: 0% ( residents)
  • Asian: 0% ( residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 12.2% (28 residents)
  • Other: 0% ( residents)

What percentage of the population in Millwood are U.S.-born citizens?

U.S.-born citizens represent 100% of the population in Millwood.

How many housing units are there in Millwood?

There are 72 housing units in Millwood, reflecting a +80.0% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Millwood and what is the average household size?

Millwood has a total of 72 households, with an average of 3 people in each.

What is the job market overview for Millwood?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 100% (39 residents)
  • Blue-collar workers: 0% ( residents)

Places of employment:
  • Self-employed: 0% ( residents)
  • Private companies: 100% (39 residents)
  • Governmental workers: 0% ( residents)
  • Not-for-profit companies: 0% ( residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025