Last updated: 2024 BLS data · Page refreshed:
Milam has a population of 1,258 with a median age of 63.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,258 |
| Median Age | 63.3 |
| White | 95.8% |
| Hispanic or Latino | 1.6% |
| Other / Two or More Races | 2.6% |
The median household income in Milam is $50,781, which is 37.0% below the national median of $80,610. The per capita income is $28,580. The poverty rate is 14.9%.
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In Milam, 92.5% of residents age 25+ have a high school diploma or higher, and 10.2% hold a bachelor's degree or higher (3.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.5% |
| Bachelor's Degree or Higher | 10.2% |
| Graduate or Professional Degree | 3.4% |
The median home value in Milam is $206,300, below the national median of $303,400. The homeownership rate is 90.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $206,300 |
| Homeownership Rate | 90.0% |
| Vacancy Rate | 46.8% |
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