Milo is a city in Maine state in USA with a population of 2134 residents.. The poverty rate of Milo is 29.7%, which is 112% higher than national average. The typical household in Milo earns $33750 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 13 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 70.2% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Milo are struggling financially. Nearly one in every 1 in every 9 workers in Milo is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Milo, only 93% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Milo remained 11.4%, which is 143% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Milo, only 14% of adults have a bachelor's degree and 39% have some college but no degree.

Cost of living in Milo is 0, which is 100% lower than national average. Median home value in Milo is $65100 , which is 72% lower than national average. While median income in Milo remained $33750, which is 50% lower than national average.