This study focused on examining the reinforcement of milkweed fibers in polylactic acid (PLA) bio-composites used for dashboards in car interiors. Milkweed fiber is a natural fiber with a hollow structure that provides tremendous thermal insulation and noise resistance properties. Firstly, the milkweed fibers were blended with PLA fibers in a weight ratio of 75:25 using an air-laying process. Then, several layers of nonwoven material were compressed in a hydraulic press to obtain bio-composites. Finally, three bio-composites were obtained with different numbers of layers. The density, microstructure, thermal conductivity, sound transmission loss (STL), mechanical properties, dynamic mechanical analysis (DMA), and contact angles of the bio-composites were evaluated. The microstructure analysis revealed that some milkweed fibers collapsed due to the high-pressure molding process, which does not affect the bio-composite properties. The bio-composite with a higher number of nonwoven layers presented a poor interface between PLA and milkweed fibers, thus making it less homogeneous. This bio-composite showed a decrease of 5% in thermal conductivity values and a 19% increase in STL values. In addition, it exhibited a 160% increase in specific flexural strength and a 335% increase in specific flexural modulus compared to samples with a lower number of nonwoven layers. Therefore, it offers the best mechanical-property-to-density ratio, with values that conform to the specifications required for automotive dashboards.