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The total population of Milo town is estimated to be 2,171 with 1,053 males (48.50%) and 1,118 females (51.50%). There are 65 more females than males in Milo town.
The median household income in Milo town was $55,422 in 2021, which marked an an increase of 3,958(7.69%) from $51,464 in 2020. This income is 74.29% 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 town sees its highest median household income among householders in the age group of 25 to 44 years old, at $66,206. Overall, the median household income for the town of Milo town stands at $55,422.
In Milo town, the median income for all workers aged 15 years and older, regardless of work hours, was $27,080 for males and $28,982 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,694 for males and $33,890 for females.
In Milo town, population is primarily represented by White households, reporting a median income of $53,419.
In 2022, the population of Milo town was 2,352, a 1.69% increase year-by-year from 2021. Previously, in 2021, Milo town's population was 2,313, an increase of 2.71% compared to a population of 2,252 in 2020.
The median age in Milo, Maine is 42.6, as per 2021 ACS 5-Year Estimates. Of the total population, 13.57% were under the age of 15, 23.15% aged 15 to 29, 45.99% aged 30 to 64, 14.17% aged 65 to 84, and 3.12% were 85 years of age and older.
Racial distribution of Milo town population: 94.45% are White, 3.68% are Black or African American, 0.69% are Asian and 1.17% are multiracial.