Zip 37118 (Milton, TN) Economy


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Milton, TN (zip code 37118) is a great place to consider if you're looking for affordable rent. A 2 bedroom rental here will cost around $1,130, which is significantly less than the national average of $1,430. The grocery cost index for Milton is also slightly higher than the US average at 103 vs 100.
Milton has plenty of great local companies to consider for employment opportunities such as Amazon Fulfillment Center and Milacron. There are also many other local businesses that offer jobs such as Chick-Fil-A and AT&T.
When it comes to entertainment in Milton, there’s never a shortage of things to do! Some popular activities in town include visiting the Greenbrier Golf Course or taking in a game at Lindsey Nelson Stadium. Other nearby attractions include the Tennessee Aquarium in Chattanooga and Lookout Mountain Park in Mentone.

Milton (zip 37118) has an unemployment rate of 4.1%. The US average is 6.0%.

Milton (zip 37118) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 53.6%, which is higher than the US average of 33.5%.

Tax Rates for Milton (zip 37118)
- The Sales Tax Rate for Milton (zip 37118) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Milton (zip 37118) 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 37118)
- The average income of a Milton (zip 37118) resident is $20,829 a year. The US average is $28,555 a year.
- The Median household income of a Milton (zip 37118) resident is $65,069 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilton, TennesseeUnited States
  4.16
  -5.8%-6.2%
  53.6%33.5%
  9.8%6.2%
  0.0%4.6%
  $33,174$37,638
  $65,069$69,021
  $67,222$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.0%6.8%
  5.8%10.0%
  5.3%2.5%
  4.9%11.0%
  6.8%4.8%
  2.0%0.8%
  2.6%1.9%
  3.6%4.7%
  6.2%1.9%
  9.1%7.6%
  0.0%0.1%
  3.2%4.2%
  23.4%9.3%
  14.3%14.0%
  2.3%2.1%
  3.5%7.0%
  0.0%4.8%
  0.0%4.7%
Health