Milton, WA Economy


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Milton, WA is a great place to live with an affordable cost of living. The average rent for a two-bedroom apartment in Milton, WA is $1,760 while the US average is $1,430. Additionally, the Grocery Cost Index in Milton, WA is 102 compared to 100 in the US. This suggests that the cost of living in Milton, WA is lower than other parts of the country. There are several local companies based in Milton including Machinists Inc., Deo & Sons Construction and Zebulon Technology Solutions. Each one adds to the vibrant economy of this rural community and contributes significantly to its growth and success.

Milton has an unemployment rate of 6.8%. The US average is 6.0%.

Milton has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.

Tax Rates for Milton
- The Sales Tax Rate for Milton is 9.9%. 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 $34,660 a year. The US average is $28,555 a year.
- The Median household income of a Milton resident is $81,690 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilton, WashingtonUnited States
  6.86
  -2.9%-6.2%
  41.3%33.5%
  9.9%6.2%
  0.0%4.6%
  $37,901$37,638
  $81,690$69,021
  $89,740$85,028
  Population by Occupation
  0.2%1.2%
  0.3%0.5%
  12.2%6.8%
  11.3%10.0%
  5.5%2.5%
  12.9%11.0%
  4.7%4.8%
  2.2%0.8%
  0.4%1.9%
  2.7%4.7%
  3.3%1.9%
  3.9%7.6%
  1.6%0.1%
  4.5%4.2%
  4.3%9.3%
  9.4%14.0%
  3.9%2.1%
  9.0%7.0%
  6.0%4.8%
  1.7%4.7%
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