Milton, FL is a great place to call home with an estimated population of around 7,000. It offers an affordable cost of living with a 2 bedroom rent of $1,130 which is cheaper than the US average of $1,430. The Grocery Cost Index in Milton is 97 compared to 100 in the US making grocery costs more affordable for residents as well. Local companies such as CAC Florida Panhandle Mental Health, BAE Systems Southeast Shipyards and Sun Coast Resources Inc offer local job opportunities. With its accessible housing and business opportunities Milton can be considered an affordable place to live.
Milton (zip 32570) has an unemployment rate of 4.0%. The US average is 6.0%.
Milton (zip 32570) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 43.2%, which is higher than the US average of 33.5%.
Tax Rates for Milton (zip 32570)
- The Sales Tax Rate for Milton (zip 32570) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Milton (zip 32570) 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 (zip 32570)
- The average income of a Milton (zip 32570) resident is $32,789 a year. The US average is $37,638 a year.
- The Median household income of a Milton (zip 32570) resident is $66,310 a year. The US average is $69,021 a year.