At a Glance
Median Income
$94,000
$43,189 per capita
Home Value
$391,200
Zillow: $160,504
Median Rent
$817/mo
22.1% of income on rent
Violent Crime
191/100K
2,319/100K property
Bachelor's Degree+
38.5%
98.5% high school+
Unemployment
1.6%
6.9% poverty rate
Obesity Rate
37.1%
18.6% smoking rate
Avg Temperature
49°F
275 sunny days/yr
How Lake Milton Compares to the U.S. Average
Each bar shows Lake Milton's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Lake Milton a Good Place to Live?
B+
3.6 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Lake Milton residents earn a median household income of $94,000 , which is 25% above the national average of $75,149.
Per capita income is $43,189. The unemployment rate stands at 1.6% (56% below the U.S. rate of 3.6%). 6.9% of residents live below the poverty line. The area is home to 6,253 business establishments, including 557 restaurants.
Housing & Cost of Living
The median home value in Lake Milton is $391,200 , 39% above the national median of $281,900.
Zillow estimates the typical home at $160,504. Median rent is $817/month, with 22.1% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1973.
Safety & Crime
Lake Milton reports 191 violent crimes per 100,000 residents
, which is 50% below the national average of 380/100K.
Property crime is 2,319/100K.
Education
38.5% of adults in Lake Milton hold a bachelor's degree or higher
(14% above the national average).
98.5% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Lake Milton has an average annual temperature of 49°F (9°C).
Winters average 26°F in January while summers reach 71°F in July. The area gets 275 sunny days per year. Annual precipitation totals 40.8 inches. Air quality is rated Good with a median AQI of 43.
Data Overview
People
Population533
Median Age47.7 yrs
Density358/mi²
Male / Female56% / 44%
Foreign Born13.6%
Veterans7.5%
Economy
A+
Median Income$94,000
Per Capita$43,189
Unemployment1.6%
Poverty6.9%
County GDP$12,615M
Avg Weekly Wage$993
Housing
A
Home Value$391,200
Rent$817
Ownership87.1%
Zillow$160,504
Housing Units394
Rent Burden22.1%
Crime
F
Violent191/100K
Property2,319/100K
Health
Obesity37.1%
Diabetes10.7%
Smoking18.6%
Heart Disease6.3%
Premature Death12,041/100K
Climate
Avg Temp49°F
Sunny Days275/yr
Rain40.8 in/yr
AQI43 (Good)
Elevation974 ft
Education
A
Bachelor's+38.5%
High School+98.5%
Graduate+19.0%
School Score5.8/10
Community
2024 VoteR 54% / D 45%
Commute26 min
Broadband100.0%
Internet Speed140 Mbps
EV Stations1
Libraries16
Did You Know?
The median home in Lake Milton was built in 1973.
The nearest airport is Youngstown/Warren Regional (19 miles).
The Gini coefficient (income inequality) is 0.469 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
17.1% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 140 Mbps.
There are 557 restaurants in the area.
The county recorded 34 fatal vehicle crashes.