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Lake Milton, OH

Full City Profile · Ohio · Mahoning County County

3.6 /5.0
B+ Good
533 Population 358/sq mi density
$94,000 Median Income $43,189 per capita
$391,200 Home Value $160,504 Zillow
$817 Median Rent 22.1% income on rent
49°F Avg Temperature 275 sunny days/yr
191 Violent Crime/100K 2,319 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$94,000 median income, 1.6% unemployment
A
Affordability
4.3 / 5.0
$391,200 home value, $817/mo rent
F
Safety
1.0 / 5.0
191 violent crimes/100K
A
Education
4.1 / 5.0
38.5% bachelor's degree or higher

Lake Milton, OH

At a Glance

Median Income
$94,000
25% above
$43,189 per capita
Home Value
$391,200
39% above
Zillow: $160,504
Median Rent
$817/mo
30% below
22.1% of income on rent
Violent Crime
191/100K
50% below
2,319/100K property
Bachelor's Degree+
38.5%
14% above
98.5% high school+
Unemployment
1.6%
56% below
6.9% poverty rate
Obesity Rate
37.1%
16% above
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)

Income
125%
Home Value
139%
Rent
70%
Poverty
56%
Bachelor's
114%
Unemployment
44%
Crime
50%
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.