Milton, KY is a small town located in Trimble County with a population of about 400 people. The two bedroom rent in Milton is comparatively lower than the US average, making it an attractive place to live for those looking for affordable housing. Grocery costs in Milton are also more affordable than the national average, as shown by a grocery cost index of 93 compared to 100 nationally. When it comes to local businesses, there is no shortage of options- popular establishments include Troutman’s Country Market and Milton’s Pizza, both favorites among locals. All in all, Milton is an ideal location for those looking for an affordable living situation.
Milton has an unemployment rate of 4.9%. The US average is 6.0%.
Milton has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 32.9%, 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 5.8%. 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 $26,746 a year. The US average is $37,638 a year.
- The Median household income of a Milton resident is $48,017 a year. The US average is $69,021 a year.