Milton, NH is a small rural town located in the southern part of the state. It has an affordable cost of living compared to the national average. The two bedroom rent in Milton, NH is $1,290 while the US two bedroom rent is $1,430. Additionally, Milton’s grocery cost index is 105 compared to 100 in the US. Local companies in this area include Swank Solar Solutions which provides solar energy installations and Power Analytic Corporation that provides specialized engineering services. Other local businesses are Tolman & Wiker Insurance Agency which specializes in auto insurance and Talon Electric for all your residential and commercial electric needs.
Milton has an unemployment rate of 3.7%. The US average is 6.0%.
Milton has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 37.2%, which is higher than the US average of 33.5%.
Tax Rates for Milton
- The Sales Tax Rate for Milton is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Milton is 0.0%. 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 $33,178 a year. The US average is $28,555 a year.
- The Median household income of a Milton resident is $80,238 a year. The US average is $69,021 a year.