Milton, KS Economy


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Milton CDP, KS is a charming town located in the middle of the state. The cost of living here is relatively low with an average two-bedroom rent price of $890 compared to the US average at $1,430. Grocery costs are even lower with a grocery cost index four points below the national average at 94. There are several local businesses and attractions in Milton CDP, KS that are popular among visitors and residents alike. Some noteworthy local companies include Big D's Electric Company and B&M Carpentry & Construction LLC. Visitors can also enjoy a variety of attractions such as the K'neesha Wildlife Park, Cedar Lake Beach, and the Milton Museum & Art Center.

Milton has an unemployment rate of 5.3%. The US average is 6.0%.

Milton has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.

Tax Rates for Milton
- The Sales Tax Rate for Milton is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Milton is 5.7%. 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 $53,363 a year. The US average is $28,555 a year.
- The Median household income of a Milton resident is $35,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilton, KansasUnited States
  5.36
  -3.6%-6.2%
  21.4%33.5%
  7.5%6.2%
  5.7%4.6%
  $25,425$37,638
  $35,625$69,021
Family Median Income 85028
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