Milton, FL is a small town located in Northwest Florida. It is a great place to live for those looking for an affordable yet comfortable lifestyle. The average rent for a two bedroom apartment is $1,100 while the US average rent for a two bedroom is $1,430 - making it significantly more affordable than other cities in the US. Additionally, Milton's Grocery Cost Index is 97 compared to the US average of 100 - meaning groceries are cheaper than most other places in the US. Milton has a variety of businesses that cater to its citizens, including local grocery stores such as Piggly Wiggly and Winn Dixie, restaurants like Carrabba's Italian Grill and Red Lobster, and retail stores such as Walmart Supercenter and Target.
Milton has an unemployment rate of 4.0%. The US average is 6.0%.
Milton has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 43.2%, which is higher than the US average of 33.5%.
Tax Rates for Milton
- The Sales Tax Rate for Milton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Milton is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Milton
- The average income of a Milton resident is $19,539 a year. The US average is $28,555 a year.
- The Median household income of a Milton resident is $65,410 a year. The US average is $69,021 a year.