
Kentucky · Census place 52590
Milton, KY population, income and ZIP codes
Quick answer
The population of the city of Milton, Kentucky (Milton, KY — Census place “Milton city”) is 734 residents, ranking #288 of 554 places in Kentucky. Median household income is $57,188, the median home is worth $160,900 and median gross rent runs $830 a month. Looking for the Milton Kentucky ZIP code list? 1 ZIP codes serve Milton, KY: 40045.
- Population
- 734Milton city residents
- Median household income
- $57,188Past 12 months, inflation adjusted
- Median home value
- $160,900Owner-occupied units
- Median gross rent
- $830Rent plus utilities, monthly
- Median age
- 39.2 yrsAll residents
- Homeownership rate
- 60.5%Owner-occupied households
Milton ZIP codes (Kentucky)
Census ZCTAs whose delivery area overlaps Milton.
The Milton KY ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
What the numbers mean in Milton city
Housing cost measured against local earnings.
A household earning the Milton city median would spend about 17.4% 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 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.3% of residents and 60.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Milton city, KY in context
How this area compares with national benchmarks.
Milton city is a very small community in Kentucky, with 734 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #288 of 554 ranked by population — larger than 48% of them. The median age here is 39.2 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.
Households in Milton city earn a median of $57,188 a year, 27.2% below the national figure of $78,538 and 3% above the $55,469 median for the 246 Kentucky cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 6.3% of residents here, below the 12.4% national rate.
The typical owner-occupied home in Milton city is valued at $160,900, 47% below the national figure and within a couple of points of the $157,200 peer median, while median gross rent runs $830 a month, 41% below the national figure, or roughly $9,960 across a full year. A household on the local median income would put about 17.4% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.8×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 60.5% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.
With 734 residents, a handful of survey responses moves every median on this page. Compare Milton city against its county rather than against national figures.
Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.
Compare with nearby places
Places of similar size in Kentucky.
- Goshen city 1,004
- White Plains city 1,007
- Rolling Hills city 1,024
- Dixon city 1,034
- Campbellsburg city 1,034
- Livermore city 1,046
- Burgin city 1,046
- Bloomfield city 1,053
Keep going
More Kentucky coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Milton city?
- Milton city has 734 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #288 of 554 in Kentucky.
- What is the median household income in Milton city?
- Median household income in Milton city is $57,188 a year, 27.2% below the national figure of $78,538.
- How much does it cost to rent or buy in Milton city?
- Median gross rent is $830 a month and the median home value is $160,900, so rent absorbs about 17.4% of median household income.
- Is Milton city affordable compared with the rest of the US?
- Homes cost about 2.8× the local median income here versus roughly 3.9× nationally, so Milton city is more affordable to buy in than the typical US market, and rent takes 17.4% of median income against the 30% cost-burden line.
- How current is this Milton city data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.