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Demographics
Population
Median Income
Racial Distributions
As of 2022, zip code 50166 in Milo, Iowa, is classified as a "Low Diversity" community. The white population comprises 93% of the total, exceeding the 75% threshold for this classification. The area experienced population growth from 1,579 in 2010 to 1,782 in 2022. Median income increased from $63,080 in 2013 to $80,175 in 2022.
The white population decreased from 97% in 2013 to 93% in 2022. The Hispanic population increased from 1% in 2013 to 4% in 2022. The percentage of individuals identifying as two or more races increased from 0% in 2013 to 2% in 2022. These changes suggest Milo may be in the early stages of becoming a "Transitional Community."
The median income increased by 27% from 2013 to 2022, outpacing inflation for the same period. The population grew by about 13% from 2010 to 2022. The correlation between increasing diversity and rising median income suggests that economic growth may be attracting a more diverse population, or increasing diversity could be contributing to economic growth.
Milo's demographic composition, with 93% white population, is less diverse than the national average. As of 2020, the U.S. Census Bureau reported that the white alone, non-Hispanic population was 57.8% nationally. The trend of increasing diversity in Milo aligns with broader national trends. The 27% increase in median income over nine years may outpace national averages for the same period.
Milo remains a "Low Diversity" community, but shows signs of gradual diversification, particularly in the Hispanic and multiracial populations. These demographic shifts coincide with economic growth, as evidenced by rising median incomes and population growth. If these trends continue, Milo may transition to a more diverse community category in the future.