Milton township (Antrim County), MI Economy


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United States / Michigan / No Metro Area / Antrim County / Milton township (Antrim County) / Zip Codes
Milton township (Antrim Cnty), MI is a small community situated in Northern Michigan. It is known for its rural charm and affordable living costs, with the average two-bedroom rent at just $1010 compared to the US average of $1430. Grocery costs are also comparably low, with an index of 98 versus 100 in the US. Visitors can enjoy sites such as the local wineries, breweries, public golf courses, and numerous parks to explore. Local companies include Bellaire Supply, Aqua Doc Lake & Pond Management, Grandview Resort Sportsman’s Club, and Antrim County Trucking. Tourists can also visit popular attractions like the Torch Lake Cruise Line or take part in some ice fishing on Lake Charlevoix.

Milton township (Antrim County) has an unemployment rate of 7.8%. The US average is 6.0%.

Milton township (Antrim County) 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 30.8%, which is lower than the US average of 33.5%.

Tax Rates for Milton township (Antrim County)
- The Sales Tax Rate for Milton township (Antrim County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Milton township (Antrim County) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Milton township (Antrim County)
- The average income of a Milton township (Antrim County) resident is $36,296 a year. The US average is $28,555 a year.
- The Median household income of a Milton township (Antrim County) resident is $74,028 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilton township (Antrim County), MichiganUnited States
  7.86
  -5.9%-6.2%
  30.8%33.5%
  6.0%6.2%
  4.3%4.6%
  $40,163$37,638
  $74,028$69,021
  $85,217$85,028
  Population by Occupation
  5.9%1.2%
  0.0%0.5%
  7.9%6.8%
  12.1%10.0%
  0.5%2.5%
  11.8%11.0%
  3.9%4.8%
  1.1%0.8%
  0.0%1.9%
  2.5%4.7%
  4.2%1.9%
  9.4%7.6%
  0.0%0.1%
  2.9%4.2%
  10.3%9.3%
  11.6%14.0%
  0.5%2.1%
  10.6%7.0%
  3.3%4.8%
  1.6%4.7%
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