Milroy, Indiana.
Typical home $249,319 (+5.2% in a year). Greensburg, IN metro.
to buy the typical home at today's mortgage rate — +$794 (+154%) since Jan 2020.
- 1 year
- Up $12,233 +5%
- $237,086$249,319 since Sep 2025
- 5 years
- Up $74,476 +43%
- $174,843$249,319 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Milroy$1,309
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 10 years.
Typical home values in Milroy, IN rose 5.2% over the past year — faster than the nation's +1.2%.
Living in Milroy, Rush County, Indiana
Milroy, in Rush County, had 628 people in the 2020 census. Unemployment in Rush County was 3.2% in August 2026, and the county had 0.3% fewer jobs in 2025 than the year before. The most people in Rush County work in manufacturing, then schools and health care.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Milroy is a very small community in Rush County, Indiana, where neighbors tend to know one another. Few residents live below the poverty line, and the typical home is valued at less than the typical home in many parts of the country. Winters are cold, with the chill peaking in January, and summers turn warm by July. Snow falls through the cold months, and rain and melted snow add up to a fair amount over the course of a year.
Work. Residents work mainly in manufacturing, in schools, hospitals and social care, in the building trades, and in professional and business services. Across Rush County, some of the largest workplaces are Aisin Takaoka, an iron foundry, Rush Memorial Hospital, and Rush County Schools. Unemployment in the county is a little lower than a year ago, though the number of jobs slipped slightly over the past year.
Things to do. For time outdoors, Big Blue River is a river a longer drive away, and Meltzer Woods is a protected area, also a longer drive. Hoosier Gym, a stadium a longer drive away, is the place to see where basketball traditions run deep in Indiana. For a quieter afternoon, the Riley Birthplace and Museum is a museum a longer drive away.
Report a mistake
- 4%below the poverty line
What people in Rush County work in
Employed residents by industry, from the Census survey. Rush County had 4,885 jobs in 2025, 0.3% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 34° and lows near 19°; warmest in July, with highs near 83° and lows near 64°. About 16 inches of snow and 46 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Rushville weather station, 7 miles away (NOAA).
Largest workplaces in Rush County
- Aisin TakaokaIron foundries364
- Rush Memorial HospitalCritical access hospital264FTE
- Copeland Corporation LLC PlantHeating and air conditioning combination units manufacturing200
- Rush County SchoolsSchool district164FTE
- Trane Technologies139
- Schell & KampeterDog and cat food, manufacturing135
- Kroger Central KMASupermarkets and other grocery except convenience stores78
- The Waters of RushvilleNursing homes66
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 14 workplaces with 20 or more staff, 1,335 people in all across the county; Milroy has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- TornadoesRelatively high
- Strong windRelatively high
- DroughtRelatively moderate
- HailRelatively moderate
- Ice stormsRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Milroy’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Rush County and the Greensburg, IN metro.
Milroy home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Milroy$249,319
- Indiana$257,165
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Milroy5
Zip codes with a Milroy address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Milroy — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.