Milton, NC is a small town located near the coast of North Carolina. It is a great place to live due to its affordable cost of living. The average two-bedroom rent in Milton is only $800, which is significantly lower than the US average of $1,430. Grocery costs are also much lower in Milton at 94 versus 100 in the US on average. Additionally, there are plenty of local companies in Milton that make it a thriving community. Some of these include Milton Motors, Milton Dental Clinic, and Olde Towne Deli & Market. With its low cost of living and ample local businesses, Milton is an ideal place for those looking for an affordable lifestyle with plenty to do.
Milton has an unemployment rate of 5.1%. The US average is 6.0%.
Milton has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Milton
- The Sales Tax Rate for Milton is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Milton is 5.5%. 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 $48,674 a year. The US average is $37,638 a year.
- The Median household income of a Milton resident is $0 a year. The US average is $69,021 a year.