What percentage of people rent in Milton, KY?

40.7% (±14.9 points) of the occupied homes in Milton, KY are rented (2020–2024 American Community Survey).

That is 96 renting households against 140 that own their home.

In Milton, the share of households that rent went from 37.1% in 2015–2019 to 40.7% in 2020–2024 (+3.6 percentage points), not a measurable change.

Figures last updated on .

Households that rent
40.7% (±14.9 points)
Renting households
96 (±47)
Median renter income
$53,553 (±$11,445)

Who rents and who owns in Milton

Tenure, estimate (90% margin of error)
MiltonTrimble CountyKentuckyUnited States
Renter-occupied share40.7% (±14.9 points)20.3% (±5.2 points)31.7% (±0.3 points)34.8%
Renting households96 (±47)686 (±182)574,561 (±5,417)45,017,354
Owning households140 (±52)2,696 (±200)1,239,908 (±8,203)84,210,142
Average renter household size2.5 (±1.1)2.8 (±0.4)2.2 (±0.0)2.3
Average owner household size2.8 (±0.8)2.5 (±0.2)2.5 (±0.0)2.6
Median renter household income$53,553 (±$11,445)$59,828 (±$19,856)$39,858 (±$584)$52,966
Median owner household income$85,000 (±$37,492)$67,181 (±$19,869)$78,998 (±$476)$100,009

In Milton, the renter share is higher than in Trimble County (20.3%).

It is not measurably different from Kentucky (31.7%).

It is not measurably different from the national figure (34.8%).

Statewide, it ranks 152 of 448.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Milton has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent37.1% (±11.7 points)40.7% (±14.9 points)+3.6 percentage pointsNot a measurable change
Median gross rent$743 (±$57)$763 (±$110)+2.7%Down after inflation
Median household income$41,458 (±$14,191)$62,500 (±$19,319)+50.8%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Milton

Nearest places with a published estimate, compared with Milton
PlaceDistanceHouseholds that rentCompared with this place
Milton—40.7% (±14.9 points)—
Madison2.7 mi37.9% (±6.0 points)Not measurably different
Madison Township (Jefferson County)4.1 mi34.1% (±4.8 points)Not measurably different
Hanover4.8 mi36.1% (±7.9 points)Not measurably different
Hanover Township (Jefferson County)6.1 mi27.0% (±6.8 points)Not measurably different
Brooksburg7.3 mi13.5% (±18.8 points)Lower
Milton Township8.4 mi29.5% (±21.3 points)Not measurably different
Smyrna Township8.6 mi7.6% (±11.7 points)Lower
Saluda Township9.3 mi22.7% (±14.6 points)Not measurably different

Nearby places with a measurably lower figure: Brooksburg, IN (13.5%), Smyrna Township, IN (7.6%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Milton

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Questions about Milton

How many renters are there in Milton?

Milton has an estimated 96 (±47) renting households, 40.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Milton?

In Milton, the share of households that rent went from 37.1% in 2015–2019 to 40.7% in 2020–2024 (+3.6 percentage points), not a measurable change.

How big are renting households in Milton?

A renting household in Milton has 2.5 people on average, against 2.8 in an owned home.

How much do renters earn in Milton?

The median renting household in Milton, KY has an income of $53,553 (±$11,445) a year, against $85,000 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Milton city, Kentucky (place:52590, in state:21).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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