Milltown is a small town of 883 in Indiana, with a median household income of $56,071
and a 9.1% unemployment rate.
Its cost of living index is 94 (US average = 100), which is
6% below the national average.
Strengths:
Milltown stands out for an affordable cost of living, below-average home prices, solid school ratings (B-).
Trade-offs:
Potential downsides include longer commutes, an elevated unemployment rate. Whether Milltown is right for you depends on your priorities — the full breakdown is below.
All Milltown city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 94.0
Milltown's overall cost of living index is 94.0,
where 100 represents the US national average.
Living in Milltown costs roughly 6% less than the average American city.
Metric
Milltown, IN
National Avg
Median Home Value
$118,200
$244,900
Median Monthly Rent
$597
$1,163
Homeownership Rate
66.7%
65.9%
Median Household Income
$56,071
$74,755
Crime & Safety
Very Safe
Milltown's violent crime rate is 153.0 per 100,000 residents
— 60% lower than the national average of ~380 per 100,000.
Violent Crime
153.0 /100k
Property Crime
471.4 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Milltown is served primarily by Crawford County Community Sch Corp.
The student-to-teacher ratio is 14.0:1
(better than the national average of ~16:1).
Metric
Milltown, IN
National Avg
School District
Crawford County Community Sch Corp
—
Elementary Schools
3
—
Middle Schools
1
—
High Schools
2
—
Student/Teacher Ratio
14.0:1
16:1
Bachelor's Degree or Higher
8.1%
35.4%
High School Diploma or Higher
90.0%
91.1%
Weather & Climate
Milltown sees average highs of 42.7°F in January
and 87.9°F in July,
with 52.9 inches of annual precipitation
and 12.8 inches of snow per year.
Milltown's cost of living index is 94, where 100 is the national average.
That makes Milltown roughly 6% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $118,200 and median rent is $597/month.
Milltown's violent crime rate is 153.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 471.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Milltown are operated by Crawford County Community Sch Corp.
The district has 3 elementary, 1 middle, and 2 high schools.
The student-to-teacher ratio is 14.0:1. 8.1% of adults 25+ hold a bachelor's degree or higher.
Milltown, IN has a population of 883, a median household income of $56,071, and an unemployment rate of 9.1%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Milltown averages 42.7°F in January and 87.9°F in July. Annual rainfall is 52.9 inches
with about 12.8 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Milltown, IN is covered by 2 ZIP codes: 47145, 47115.
The population of Milltown, Indiana is 883 with a median age of 31.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Milltown: cost of living index 94 (100 = US average), median home $118,200, median household income $56,071, crime index 33 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Milltown side by side with your current city to see the trade-offs.
