Milton, KY demographics:
population, income, and more

Total population
637
-13.2% year-over-year change
Median household income
$62,500/yr
9.3% year-over-year change
Housing units
286
-7.4% year-over-year change

Milton population

How many people live in Milton

Milton is home to 637 residents, according to the most recent Census data. Gender-wise, 43.2% of Milton locals are male, and 56.8% are female.

Total population
637
-13.2% year-over-year change
Gender ratio
Male
43.2%
275
Female
56.8%
362
Value Percent YoY change
Male 275 43.2% -15.6%
Female 362 56.8% -11.3%
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 Milton is 36, with the population distributed as follows: about 25.1% are children under 15, then 8.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 25.8% of the population, while another 20.7% fall into the 45 to 64 bracket. Finally, around 19.6% are 65 or older.

Median age
35.6
Age breakdown
Under 15
25.1%
15 to 24
8.8%
25 to 44
25.8%
45 to 64
20.7%
Over 65
19.6%
Value Percent YoY change
Under 15 160 25.1% 9.6%
15 to 24 56 8.8% -35.6%
25 to 44 164 25.8% -2.4%
45 to 64 132 20.7% -21.0%
Over 65 125 19.6% -24.7%
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

In Milton, 94.7% of the population are US-born citizens, while 2.8% have gained naturalized citizenship. At the same time, 2.5% of residents are non-citizens. As for race, 76% of locals are Caucasian, 0.3% are African American and 0.6% have Asian roots. There’s also a share of 16% that includes residents with two or more races.

Citizenship
U.S.-born citizens
94.7%
Non-U.S.-born citizens
2.8%
Non-citizens
2.5%
Value Percent YoY change
U.S.-born citizens 603 94.7% -14.6%
Non-U.S.-born citizens 18 2.8% 5.9%
Non-citizens 16 2.5% 45.5%
Racial breakdown
White
76%
Black or African American
0.3%
American Indian and Alaska Native
0%
Asian
0.6%
Native Hawaiian and other Pacific Islander
0%
Two or more races
16%
Other
7.1%
Value Percent
White 484 76%
Black or African American 2 0.3%
Asian 4 0.6%
Two or more races 102 16%
Other 45 7.1%

Households in Milton

A peek inside Milton households

Milton has 236 households, with an average of 3 members in each. Of these, 64.4% are families, while the remaining 35.6% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
236
-11.3% year-over-year change
Average people per household
3
Non-family households
84
Family households
152
Value Percent YoY change
Non-family households 84 35.6% -21.5%
Family households 152 64.4% -4.4%
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 Milton

The housing landscape of Milton

Milton's housing consists of 286 units, with 75.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 16.4% of the housing landscape.

Housing units
286
-7.4% year-over-year change
Housing types
Value Percent
1 unit, detached 217 75.9%
1 unit, attached 3 1%
2 units 2 0.7%
3 or 4 units 3 1%
5 to 9 units 5 1.8%
10 to 19 units 8 2.8%
20 to 49 units 1 0.4%
Mobile home 47 16.4%
Homes built since 2020
14
% year-over-year change

The age of buildings in Milton

In Milton, the median construction year is 1973. About 18.9% of homes were built before the 1940s, with another 6.6% going up by 1949. Most development happened in the second half of the 20th century. Then, 8.7% of homes were added from 2000 to 2009, 2.4% between 2010 and 2019, and 4.9% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 54 18.9% 1.9%
Built between 1940 and 1949 19 6.6% -20.8%
Built between 1950 and 1959 33 11.5% -2.9%
Built between 1960 and 1969 18 6.3% -10.0%
Built between 1970 and 1979 69 24.1% 6.2%
Built between 1980 and 1989 15 5.2% 7.1%
Built between 1990 and 1999 32 11.2% -50.0%
Built between 2000 and 2009 25 8.7% -10.7%
Built between 2010 and 2019 7 2.4% 0.0%
Built in 2020 or later 14 4.9% 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.

Milton occupancy rates

Out of the 236 occupied housing units in Milton, 59.3% are owner-occupied, while 40.7% are lived in by tenants. Meanwhile, 17.5% of all homes on the local market sit vacant.

Occupied housing units
236
-11.3% year-over-year change
Occupancy breakdown
Renter occupied
96
Owner occupied
140
Value Percent YoY
change
Renter occupied 96 40.7% -8.6%
Owner occupied 140 59.3% -13.0%
Unoccupied housing units
17.5%
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.

Milton housing costs

Housing costs in Milton come to a median of $770 per month, while tenants specifically pay a median gross rent of $763.

Median housing costs per month
$770/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.
Median gross rent in Milton
$763/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Milton

Milton education at a glance

About 43.2% of the population in Milton went to high school, while 25% pursued college studies. Another 13.5% earned an associate degree and 9.2% hold a bachelor’s. Meanwhile, 7.5% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 7 1.5% -41.7%
High school diploma 202 43.2% -29.1%
College diploma 117 25% -2.5%
Associate degree 63 13.5% -24.1%
Bachelor's degree 43 9.2% 43.3%
Graduate degree 35 7.5% 6.1%
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 Milton

How much people earn in Milton

The average annual household income in Milton was $123,361 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +4.8% change from the previous year. At the same time, the median income stood at $62,500, reflecting a +9.3% shift over the same period.

Average household income in Milton
$123,361/year
4.8% year-over-year change
Median household income in Milton
$62,500/year
9.3% year-over-year change

Milton income by age

In Milton, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $64,750. Those with someone between 45 and 64 in charge, often well established professionally, earn $99,063 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $61,875, while those led by someone over 65, many of whom may be retired, have about $40,313 in earnings. Overall, 92.8% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $61,875 -11.6%
25 - 44 $64,750 4.3%
45 - 64 $99,063 39.0%
Over 65 $40,313 -5.2%
Above poverty level
584
Below poverty level
45
Value Percent YoY
change
Above poverty level 584 92.8% -14.6%
Below poverty level 45 7.2% -2.2%

Average renter income in Milton

To get a better sense of what renters earn on average in Milton, their median household income was $52,813 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 17.3%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$52,813
Rent-to-income ratio
17.3%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Milton

Workforce and job types in Milton

The job market in Milton is powered by 275 working residents, spread across a range of industries and roles. 64% of the working population are employed in professional or administrative positions, while 36% are in hands-on or service-based jobs. Also, 12.4% run their own businesses, 71.3% are employed by private companies, and 9.1% work in the public sector.

Workforce demographics

Working population
275
-14.3% year-over-year change
White collar
176
Blue collar
99
Value Percent YoY change
White collar 176 64% -10.2%
Blue collar 99 36% -20.8%
Employer type
Self employees
12.4%
Private companies
71.3%
Governmental workers
9.1%
Not for profit companies
7.3%
Value Percent YoY change
Self employees 34 12.4% 17.2%
Private companies 196 71.3% -20.3%
Governmental workers 25 9.1% -19.4%
Not for profit companies 20 7.3% 33.3%
Unemployment rate
6.5%
-5.0% year-over-year change

Available workforce

The unemployment rate in Milton stands at 6.5%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Milton

How people get around in Milton

Commuting methods vary: 98.5% of residents travel by personal vehicle and 1.5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 268 98.5% -11.8%
Walk 4 1.5% 33.3%
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 Milton by zipcode?

Zipcode Population Number of households Median income Average income
40045 3,251 1,363 $76,607 $107,834

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FAQs about Milton demographics 

What is the total population of Milton?

Milton has a total population of 637 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 -13.2% compared to a year ago.

What is the gender ratio in Milton?

The gender ratio in Milton is as follows:
  • 43.2% males (275 residents)
  • 56.8% females (362 residents)

What is the median age in Milton?

The median age in Milton is 35.6.

What is the age distribution of the population in Milton?

The age distribution in Milton is as follows:
  • Under 15: 25.1% (160 residents)
  • Ages 15-24: 8.8% (56 residents)
  • Ages 25-44: 25.8% (164 residents)
  • Ages 45-64: 20.7% (132 residents)
  • Over 65: 19.6% (125 residents)

What is the racial and ethnic makeup of Milton?

The racial and ethnic makeup of Milton is as follows:
  • White: 76% (484 residents)
  • Black or African American: 0.3% (2 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0.6% (4 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 16% (102 residents)
  • Other: 7.1% (45 residents)

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

U.S.-born citizens represent 94.7% of the population in Milton.

How many housing units are there in Milton?

There are 286 housing units in Milton, reflecting a -7.4% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

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

Milton has a total of 236 households, with an average of 3 people in each.

What is the median household income in Milton?

Milton has a median household income of $62,500, representing a +9.3% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Milton?

The employment rate is 93.5% in Milton, with a workforce of 275 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 64% (176 residents)
  • Blue-collar workers: 36% (99 residents)

Places of employment:
  • Self-employed: 12.4% (34 residents)
  • Private companies: 71.3% (196 residents)
  • Governmental workers: 9.1% (25 residents)
  • Not-for-profit companies: 7.3% (20 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