The small city of 52570 Milton, IA is a great place to live if you're looking for an affordable cost of living. The average 2 bedroom rent in Milton is only $780 compared to the U.S average of $1,430, while grocery costs are 92 compared to the U.S index of 100. This makes Milton significantly cheaper than most other places in the country. Local businesses in Milton include Two Rivers Coop, Firehouse Country Store, and Shops at River Oaks which all provide citizens with quality goods and services at competitive prices. All in all, Milton provides its citizens a high quality of life at a much lower cost than most other places in the US.
Milton (zip 52570) has an unemployment rate of 3.9%. The US average is 6.0%.
Milton (zip 52570) has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 16.4%, which is lower than the US average of 33.5%.
Tax Rates for Milton (zip 52570)
- The Sales Tax Rate for Milton (zip 52570) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Milton (zip 52570) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Milton (zip 52570)
- The average income of a Milton (zip 52570) resident is $16,769 a year. The US average is $28,555 a year.
- The Median household income of a Milton (zip 52570) resident is $54,620 a year. The US average is $69,021 a year.