Zip 98354 (Milton, WA) Economy


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Milton, Washington (98354) is a small town located in the Puget Sound region of the state. The 2 bedroom rent for this area is $1,770 which is significantly higher than the US average of $1,430. In addition to rent costs being high, grocery costs are even higher with an index of 102 compared to the US average of 100. Despite these relatively high costs of living Milton offers some great amenities and attractions for locals and visitors alike. There are many local businesses in Milton such as Valley Carpet & Furniture Outlet, Indulge Bistro & Wine Bar, and Eastside Auto Repair Services. The area also has plenty of parks like Fife Community Park and Centennial Waterfront Park where people can enjoy nature or take part in activities like hiking or fishing. Finally, there are local attractions like Tacoma Dome and Pacific Science Center that provide entertainment for people looking for something unique to do.

Milton (zip 98354) has an unemployment rate of 6.8%. The US average is 6.0%.

Milton (zip 98354) has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 41.3%, which is higher than the US average of 33.5%.

Tax Rates for Milton (zip 98354)
- The Sales Tax Rate for Milton (zip 98354) is 9.9%. The US average is 7.3%.
- The Income Tax Rate for Milton (zip 98354) 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 98354)
- The average income of a Milton (zip 98354) resident is $38,424 a year. The US average is $37,638 a year.
- The Median household income of a Milton (zip 98354) resident is $82,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilton, WashingtonUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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