Milton, NY is a small hamlet located in the Dutchess County of New York. It has a population of 12,547 and is home to several local businesses including Sullivan Farms Dairy, Milton Machine Company, and Milton Lumber Corporation. The average rent for a two-bedroom apartment is $1,890 which is slightly higher than the national average of $1,430. The local grocery cost index in Milton is 104 while the national average is 100. There are several amenities available to the residents in Milton that make it an ideal place to live.
Milton (zip 12547) has an unemployment rate of 6.2%. The US average is 6.0%.
Milton (zip 12547) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.
Tax Rates for Milton (zip 12547)
- The Sales Tax Rate for Milton (zip 12547) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Milton (zip 12547) 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 (zip 12547)
- The average income of a Milton (zip 12547) resident is $32,583 a year. The US average is $28,555 a year.
- The Median household income of a Milton (zip 12547) resident is $99,219 a year. The US average is $69,021 a year.