The 2000 census showed a very varied population in Milmont Park City, with a quarter of the population under the age of 20, and one-third under the age of twenty-four. The rest of the population was in the ages 25 to 64 and fifty-seven percent over age sixty-four. The median age was 37 years old and the population was composed of eleven2.3 males for every 100 females.
As the population of the city increases, the number of available housing units also rises. Currently, Park City has 9,471 housing units, and with the recent growth, the number should rise to around eleven thousand. If the city continues to grow, it could potentially accommodate another 2,072 residential units. In the following decade, it is anticipated that there will be an additional seven thousand people in Milmont Park City.
The most common professions in Milmont Park City include construction, landscaping, and hospitality. The local workforce is comprised of mostly non-Hispanic Whites. Blacks make up a small percentage of the population. Other races include Asians, Hispanics, and people with two or more sex. Approximately 16% of the community is classified as "Other."
Another notable figure who settled in Milmont Park City was Thomas Kearns, a U.S. Senator and owner of the Silver King Coalition Mining Co. His lands were deemed a safe haven for miners, but the mine accident that claimed thirty-four lives changed the area. The city thrived with the silver mining boom, but the town almost became a ghost town in the 1950s.