Median Income
$40,139
household / year
Median Home Value
$82,300
owner-occupied
Median Rent
$621
gross / month
Cost of Living
88
national avg = 100

Is Milton, IN a Good Place to Live?

Milton is a small town of 323 in Indiana, with a median household income of $40,139 and a 1.1% unemployment rate. Its cost of living index is 88 (US average = 100), which is 12% below the national average.

Strengths: Milton stands out for an affordable cost of living, below-average home prices.

Trade-offs: No major red flags stand out in the available data. Whether Milton is right for you depends on your priorities — the full breakdown is below.

All Milton 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: 88.0

Milton's overall cost of living index is 88.0, where 100 represents the US national average. Living in Milton costs roughly 12% less than the average American city.

Metric Milton, IN National Avg
Median Home Value $82,300 $244,900
Median Monthly Rent $621 $1,163
Homeownership Rate 69.4% 65.9%
Median Household Income $40,139 $74,755

Crime & Safety

Crime data for Milton is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Milton, IN National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 13.2% 35.4%
High School Diploma or Higher 89.4% 91.1%

Weather & Climate

Milton sees average highs of 33.8°F in January and 82.4°F in July, with 42.6 inches of annual precipitation and 24.8 inches of snow per year.

MetricMilton, IN
Average High — January33.8°F
Average High — July82.4°F
Annual Precipitation42.6"
Annual Snowfall24.8"

Demographics

MetricMilton, INNational Avg
Population323—
Median Age40.538.9
Unemployment Rate1.1%3.7%
Avg Commute Time29.6 min26 min
White (non-Hispanic)97.5%59.3%
Black or African American0.9%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1819.5%22.2%
65 and over12.1%16.8%

Nearby Cities

ZIP Codes in Milton

Milton, IN is covered by 1 ZIP code:

Milton vs Other Cities

Frequently Asked Questions

Milton's cost of living index is 88, where 100 is the national average. That makes Milton roughly 12% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $82,300 and median rent is $621/month.
Crime data for Milton is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Milton, IN has a population of 323, a median household income of $40,139, and an unemployment rate of 1.1%. 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.
Milton averages 33.8°F in January and 82.4°F in July. Annual rainfall is 42.6 inches with about 24.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Milton, IN is covered by 1 ZIP code: 47357.
The population of Milton, Indiana is 323 with a median age of 40.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Milton: cost of living index 88 (100 = US average), median home $82,300, median household income $40,139. Whether these are benefits or drawbacks depends on where you're coming from — compare Milton side by side with your current city to see the trade-offs.