Milton, MA is a residential town located in Norfolk County. Located just south of Boston, Milton is home to a variety of small businesses and restaurants such as The Local Milton, El Pelon Taqueria, and Dogwood Café. Milton also has a lively entertainment scene with the Blue Hills Bank Pavilion located nearby. According to data from Apartment List, 2 Bedroom rent in Milton is $2,220 compared to the US average of $1,430. Additionally, Milton’s Grocery Cost index is 114 versus 100 for the US. This makes it 14% more expensive than the national average for grocery costs. Therefore, Milton provides its residents with a great cost of living balance while remaining close to the city and offering an abundance of amenities.
Milton has an unemployment rate of 5.8%. The US average is 6.0%.
Milton has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Milton
- The Sales Tax Rate for Milton is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Milton is 5.1%. 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 $61,696 a year. The US average is $37,638 a year.
- The Median household income of a Milton resident is $153,971 a year. The US average is $69,021 a year.