Milltown, IN Profile: Facts & Data

The primary coordinate point for Milltown is located at latitude 38.3423 and longitude -86.2761 in Crawford County. The formal boundaries for the Town of Milltown encompass a land area of 1.41 sq. miles and a water area of 0 sq. miles. Crawford County is in the Eastern time zone (GMT -5).

While the primary coordinates for Town of Milltown are located in Crawford County, it should be noted that the formal boundaries for this community also extend into and Harrison County.

The Town of Milltown has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Milltown, IN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	787 (100%)
Population in Households	787 (100.0%)
Population in Families	680 (86.4%)
Population in Group Quarters¹	0
Population Density	590
Diversity Index²	13


INCOME
Median Household Income	$62,451
Average Household Income	$78,328
% of Income for Mortgage⁴	24%
Per Capita Income	$30,953
Wealth Index⁵	66
Socioeconomic Status Index⁶	Moderate (48.6)

HOUSING
Total HU (Housing Units)	375 (100%)
Owner Occupied HU	255 (68.0%)
Renter Occupied HU	56 (14.9%)
Vacant Housing Units	64 (17.1%)
Median Home Value	$243,269
Average Home Value	$260,980
Housing Affordability Index³	105

HOUSEHOLDS
Total Households	311
Average Household Size	2.53
Family Households	220
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Milltown, IN - Peer Comparisons by Rank and Percentile

The table below compares Milltown to the other 976 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.09%	0.00%
Households	-0.74%	0.32%
Families		0.09%
Median Household Income		0.48%
Per Capita Income		2.58%
Owner Occupied HU		1.37%

Variable Description	Rank	Percentile
Total Population	# 386	60th
Population Density	# 613	37th
Median Household Income	# 646	34th
Housing Affordability Index	# 327	34th
Per Capita Income	# 692	29th
Diversity Index	# 673	31st

Milltown, IN Profile: Facts & Data

Milltown, Indiana - Basic Facts

Milltown, IN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Milltown, IN - Peer Comparisons by Rank and Percentile

Milltown, IN - Most Popular Things to Do

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Crawford County