Zip 62352 (Milton, IL) Economy


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United States / Illinois / No Metro Area / Pike County / Milton / Milton (zip 62352)
62352 Milton, IL is a great place to call home. With reasonable rent of $700 for two bedroom apartments and a grocery cost index of 91 versus the US national average of 100, this small town located in Adams County offers an affordable quality of life. Popular amenities include the Lakewood Golf Course, Eagle Creek Golf Club, Railsplitter State Park and the Ray Norbut Fish and Wildlife Area. In terms of businesses, 62352 Milton is home to Green Family Auto Group which provides auto sales and service as well as parts and accessories. Another local business is Rutter’s Farm Store which offers fresh produce, groceries and convenience items.

Milton (zip 62352) has an unemployment rate of 4.8%. The US average is 6.0%.

Milton (zip 62352) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 13.7%, which is lower than the US average of 33.5%.

Tax Rates for Milton (zip 62352)
- The Sales Tax Rate for Milton (zip 62352) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Milton (zip 62352) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Milton (zip 62352)
- The average income of a Milton (zip 62352) resident is $20,418 a year. The US average is $37,638 a year.
- The Median household income of a Milton (zip 62352) resident is $43,182 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilton, IllinoisUnited States
  4.86
  -6.2%-6.2%
  13.7%33.5%
  7.8%6.2%
  5.0%4.6%
  $20,418$37,638
  $43,182$69,021
  $43,864$85,028
  Population by Occupation
  9.1%1.2%
  2.6%0.5%
  11.7%6.8%
  5.2%10.0%
  5.2%2.5%
  6.5%11.0%
  19.5%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  2.6%1.9%
  0.0%7.6%
  0.0%0.1%
  1.3%4.2%
  3.9%9.3%
  22.1%14.0%
  0.0%2.1%
  1.3%7.0%
  9.1%4.8%
  0.0%4.7%
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