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ZipNumbers

Illinois · Census place 49477

Milton village, IL

Quick answer

Milton village has 188 residents, ranking #1221 of 1462 places in Illinois. Median household income is $48,365, the median home is worth $73,600 and median gross rent runs $1,350 a month.

Population
188Milton village residents
Median household income
$48,365Past 12 months, inflation adjusted
Median home value
$73,600Owner-occupied units
Median gross rent
$1,350Rent plus utilities, monthly
Median age
35.5 yrsAll residents
Homeownership rate
82.7%Owner-occupied households

What the numbers mean in Milton village

Housing cost measured against local earnings.

A household earning the Milton village median would spend about 33.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 31.4% of residents and 82.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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