Milroy, IN Profile: Facts & Data

The primary coordinate point for Milroy is located at latitude 39.497 and longitude -85.4697 in Rush County. The formal boundaries for the Milroy Census Designated Place encompass a land area of 0.66 sq. miles and a water area of 0 sq. miles. Rush County is in the Eastern time zone (GMT -5). The elevation is 968 feet.

The Milroy Census Designated Place (GNIS ID: 2629873) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Milroy, IN Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	597 (100%)
Population in Households	597 (100.0%)
Population in Families	518 (86.8%)
Population in Group Quarters¹	0
Population Density	901
Diversity Index²	11


INCOME
Median Household Income	$50,636
Average Household Income	$63,726
% of Income for Mortgage⁴	8%
Per Capita Income	$23,891
Wealth Index⁵	58

HOUSING
Total HU (Housing Units)	262 (100%)
Owner Occupied HU	172 (65.6%)
Renter Occupied HU	50 (19.1%)
Vacant Housing Units	40 (15.3%)
Median Home Value	$91,518
Average Home Value	$114,912
Housing Affordability Index³	350

HOUSEHOLDS
Total Households	222
Average Household Size	2.69
Family Households	167
Average Family Size	3

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.

Milroy, IN - Peer Comparisons by Rank and Percentile

The table below compares Milroy to the other 679 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2020 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	2010-2020	2020-2025
Population	-0.11%	-0.2%
Households	0.04%	-0.18%
Families	0.24%	-0.24%
Median Household Income		2.25%
Per Capita Income		2.05%
Owner Occupied HU		-0.23%

Variable Description	Rank	Percentile
Total Population	# 441	35th
Population Density	# 461	32nd
Median Household Income	# 427	37th
Housing Affordability Index	# 610	90th
Per Capita Income	# 454	33rd
Diversity Index	# 363	46th

Milroy, IN Profile: Facts & Data

Milroy, Indiana - Basic Facts

Milroy, IN Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Milroy, IN - Peer Comparisons by Rank and Percentile

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