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The total population of Milo is estimated to be 789 with 421 males (53.36%) and 368 females (46.64%). There are 53 less females than males in Milo.
The median household income in Milo was $73,300 in 2021, which marked an an increase of 2,479(3.50%) from $70,821 in 2020. This income is 98.25% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Milo sees its highest median household income among householders in the age group of 25 to 44 years old, at $94,580. Overall, the median household income for the city of Milo stands at $73,300.
In Milo, the median income for all workers aged 15 years and older, regardless of work hours, was $48,101 for males and $30,081 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $59,631 for males and $37,832 for females.
In Milo, population is primarily represented by White households, reporting a median income of $73,300.
In 2022, the population of Milo was 764, a 0.52% decrease year-by-year from 2021. Previously, in 2021, Milo's population was 768, a decline of 0.78% compared to a population of 774 in 2020.
The median age in Milo, IA is 37.6, as per 2021 ACS 5-Year Estimates. Of the total population, 17.74% were under the age of 15, 19.40% aged 15 to 29, 47.37% aged 30 to 64, 14.14% aged 65 to 84, and 1.35% were 85 years of age and older.
Racial distribution of Milo population: 96.24% are White and 3.76% are multiracial.