Lake Milton Ohio · Ll1324 / CC0Mahoning County Ohio incorporated and unincorporated areas Lake Milton highlighted · 636Buster / CC BY-SA 4.0Daniel Vaughn Homestead · Nyttend / Public domain
Lake Milton is a small town of 469 in Ohio, with a median household income of $70,926
.
Its cost of living index is 86 (US average = 100), which is
14% below the national average.
Strengths:
Lake Milton stands out for an affordable cost of living, a well-educated population, short average commutes.
Trade-offs:
No major red flags stand out in the available data. Whether Lake Milton is right for you depends on your priorities — the full breakdown is below.
All Lake 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: 86.0
Lake Milton's overall cost of living index is 86.0,
where 100 represents the US national average.
Living in Lake Milton costs roughly 14% less than the average American city.
Metric
Lake Milton, OH
National Avg
Median Home Value
$354,500
$244,900
Median Monthly Rent
$838
$1,163
Homeownership Rate
83.7%
65.9%
Median Household Income
$70,926
$74,755
Crime & Safety
Very Safe
Lake Milton's violent crime rate is 208.6 per 100,000 residents
— 45% lower than the national average of ~380 per 100,000.
Violent Crime
208.6 /100k
Property Crime
1010.6 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
Lake Milton, OH
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
35.6%
35.4%
High School Diploma or Higher
98.0%
91.1%
Weather & Climate
Lake Milton sees average highs of 34.7°F in January
and 82.9°F in July,
with 41.0 inches of annual precipitation
and 27.9 inches of snow per year.
Lake Milton's cost of living index is 86, where 100 is the national average.
That makes Lake Milton roughly 14% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $354,500 and median rent is $838/month.
Lake Milton's violent crime rate is 208.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1010.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Lake Milton, OH has a population of 469, a median household income of $70,926, and an unemployment rate of 0.0%.
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.
Lake Milton averages 34.7°F in January and 82.9°F in July. Annual rainfall is 41.0 inches
with about 27.9 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Lake Milton, OH is covered by 1 ZIP code: 44429.
The population of Lake Milton, Ohio is 469 with a median age of 50.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lake Milton: cost of living index 86 (100 = US average), median home $354,500, median household income $70,926, crime index 52 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Lake Milton side by side with your current city to see the trade-offs.