Milo, NY Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Milo, NY is a small town located in Yates County. It's known for its close-knit community and peaceful atmosphere. The cost of living in Milo is relatively low compared to the US average. Rent for a two bedroom apartment typically costs around $1,020 per month and the grocery cost index is 100 versus 100 in the US. Additionally, there are several local businesses in Milo such as Corcoran Real Estate Group and Yates County Supply that provide competitive prices for goods and services. Overall, Milo is an excellent place to live with affordable housing costs and access to plenty of amenities.

Milo has an unemployment rate of 5.5%. The US average is 6.0%.

Milo has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.

Tax Rates for Milo
- The Sales Tax Rate for Milo is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Milo is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Milo
- The average income of a Milo resident is $27,854 a year. The US average is $37,638 a year.
- The Median household income of a Milo resident is $46,620 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilo, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health
Compare Milo, NY
cost of living
Compare food, housing, utilities, and more in Milo, New York to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.