Milton, IN
Full City Profile · Indiana · Wayne County County
3.5
/5.0
B+
Good
345
Population
1,278/sq mi density
$45,375
Median Income
$25,976 per capita
$81,700
Home Value
$219,267 Zillow
$688
Median Rent
26.8% income on rent
50°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$45,375 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$81,700 home value, $688/mo rent
C
Education
2.3 / 5.0
16.6% bachelor's degree or higher
Housing Overview
Median Home Value
$81,700
71% below
US avg: $281,900
Median Rent
$688/mo
41% below
US avg: $1,163/mo
Homeownership Rate
80.5%
23% above US avg (65.4%)
Total Housing Units
173
Median year built: 1938
Home Value by Source
Census Median
$81,700
Zillow (ZHVI)
$219,267
Redfin Median Sale
$37,000
Median Sale Price
$37,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.5%
Owner-Occupied
19.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$688/mo
Market Indicators (Redfin)
Median Sale Price
$37,000
Median Days on Market
45 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$22
Affordability & Housing Stock
Rent Burden
26.8%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
80.5%
Complete Housing Data
Home Values
| Census Median Value | $81,700 |
| Zillow Home Value (ZHVI) | $219,267 |
| Redfin Median Sale | $37,000 |
| Median Sale Price | $37,000 |
| Price Per Sq Ft | $22 |
Rent
| Census Median Rent | $688 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 45 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Price Per Sq Ft | $22 |
Ownership & Stock
| Owner-Occupied | 80.5% |
| Renter-Occupied | 19.5% |
| Homeownership Rate | 80.5% |
| Total Housing Units | 173 |
| Median Year Built | 1938 |
| Rent Burden | 26.8% |