Milton, WV Economy


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Milton, WV is an attractive small town located in West Virginia. With its low cost of living, Milton provides a great place for people to enjoy a budget-friendly lifestyle. The average two bedroom rent for a home in Milton is only $840 which is much lower than the US average of $1,430. Similarly, the grocery cost index in Milton is 101 versus 100 for the rest of the US. This makes it very affordable for locals and visitors alike to purchase food items. The city has many local businesses such as Milton Pharmacy, O'Dell Sheet Metal Inc., and Janice's Hair Cutters that provide great goods and services to locals at reasonable prices. All these factors make Milton a great place to live with affordable housing and quality necessities available at low rates.

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

Milton has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.

Tax Rates for Milton
- The Sales Tax Rate for Milton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Milton 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 Milton
- The average income of a Milton resident is $24,526 a year. The US average is $37,638 a year.
- The Median household income of a Milton resident is $37,692 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilton, West VirginiaUnited 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%
Reviews for Milton
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Over 5 years ago

The town is growing a bit which is great, it needs a few more restaurants. Besides Hurricane, WV I think it is the only bedroom community that is anchoring a quiet  More

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My family has lived in Milton or near Milton all of our lives. And I have never known of their being a high rate of crime. But I do know of facts that have just been  More

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