Pros and Cons of Living In Milo, Maine. Is Milo, ME a Nice Place To Live or Retire?

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Milo, Maine

Moving to Milo In Maine ? Is Milo, ME a Nice Place To Live? Pros and Cons of Living in Milo, Maine. Find out the best and worst about to live, raise a family or retire in Milo.

Milo is a town in Piscataquis County, Maine, United States. The population was 2,251 at the 2020 census. Milo includes the village of Derby. The town sits in the valley of the Piscataquis, Sebec and Pleasant Rivers in the foothills of the Longfellow Mountains and is the gateway to many pristine hunting, fishing, hiking, boating, and other outdoor tourist locations such as Schoodic, Seboeis, and Sebec Lakes, Mount Katahdin and its backcountry in Baxter State Park and the Katahdin Woods and Waters National Monument, Katahdin Iron Works and Gulf Hagas.

DEMOGRAPHICS

Population
2134
Unemployment
11.4%
143% NAT AVG.
Poverty
29.7%
112% NAT AVG.

ECONOMICS

Median Home Cost
$65100
72% NAT AVG.
Median Income
$33750
50% NAT AVG.
Median Rent
$758
35% NAT AVG.
Overall Score
3

CRIME REPORT

Total Crime
46
14% NAT. AVG.
60% STATE AVG.
Violent Crime
3
66% NAT. AVG.
21% STATE AVG.
Property Crime
43
4% NAT. AVG.
63% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 3
Unemployed People
1 in 9
People Earning < $10,000
1 in 13
People Earning < $50,000
70.2%
People With Any Degree
1 in 3.3

ETHNICITY

Ethnicity Milo USA
White 96.9% 60.1%
African American 1.1% 12.2%
American Indian 0% 0.6%
Asian 0.5% 5.6%
Hawaiian 0% 0.2%
Multiracial 1.2% 2.8%
Hispanic 0.2% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Milo USA
Less than $10,000 7.6% 5.8%
$10,000 to $14,999 13.6% 4.1%
$15,000 to $24,999 18.9% 8.5%
$25,000 to $34,999 11.8% 8.6%
$35,000 to $49,999 18.3% 12.0%
$50,000 to $74,999 16.3% 17.2%
$75,000 to $99,999 9% 12.8%
$100,000 to $149,999 4.6% 15.6%
$150,000 to $199,999 0% 7.1%

EDUCATION

Education Milo USA
< 9th Grade 3% 5.0%
9-12th Grade 4% 7.0%
High School or GED 40% 27.0%
Other College 23% 20.0%
Associate's Degree 16% 9%
Bachelor's Degree 11% 20.0%
Master's Degree 3% 9.0%
Professional Degree 0% 2.0%
Doctorate Degree 0% 1.0%
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 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.

Cost of living in Milo is 0, which is 100% lower than national average. In Milo, only 14% of adults have a bachelor's degree and 39% have some college but no degree. 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.
Milo Scorecard

Jobs30%

Housing40%

Affordability70%

Safety85%

Amenities40%

Diversity30%

Education70%

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