Milton, VT is an ideal place to live for those looking for a quiet and affordable lifestyle. The average two bedroom rent in Milton is $1,580 compared to the national average of $1,430. Additionally, the grocery cost index in Milton is higher than the US average at 109 versus 100. Local businesses in town include The Chittenden Bank, Health Care & Rehabilitation Services of Southeastern Vermont, and Twinstate Technical Service. With its low cost of living and variety of local stores and services, Milton is an attractive place to settle down.
Milton has an unemployment rate of 3.0%. The US average is 6.0%.
Milton has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Milton
- The Sales Tax Rate for Milton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Milton is 6.8%. 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 $29,713 a year. The US average is $28,555 a year.
- The Median household income of a Milton resident is $97,813 a year. The US average is $69,021 a year.