Living in Milton, Florida
Cost of living, income, home prices, rent and demographics of Milton · Census data 2020–2024
Milton has 10,733 residents with a median age of 38.4. The median household income is $76,301 (about the same as the Florida median), the median home value is $233,100, the median rent is $1,455/month.
Milton at a glance
- Population
- 10,733
- Median age
- 38.4State: 42.6
- Median household income
- $76,301State: $74,568
- Median home value
- $233,100State: $359,000
- Median rent
- $1,455/moState: $1,669
- Homeowners
- 52.9%
- Bachelor's degree or higher
- 25.1%
- Average commute
- 26 min
Is Milton a good place to live?
Pros: Median household income about the same as the Florida median; home values 35% lower than the state median; an average commute of 26 minutes; a poverty rate of 8.1%.
Cons: Unemployment of 5.4%.
The weather is best in March–April and October–November.
Cost of living in Milton
Housing is the biggest part of the cost of living. In Milton the median home value is $233,100, 30% lower than the U.S. median. Renters pay a median of $1,455 per month, which is 25.1% of household income. Homeowners with a mortgage pay $1,554 a month in housing costs.
Milton median household income
The median household income in Milton is $76,301 and the income per person is $36,998. 8.1% of residents live below the poverty line (Florida: 12.6%).
Housing in Milton: homes for sale and rent
- Housing units
- 5,179
- Owner-occupied
- 52.9%
- Renter-occupied
- 47.1%
- Vacant
- 8.8%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 2.20
Milton demographics
- Population
- 10,733
- Median age
- 38.4
- Under 18
- 14.6%
- 65 and older
- 16.8%
- Households
- 4,722
- Foreign-born
- 3%
- Veterans
- 16%Adults 18+
Hispanic or Latino can be of any race. Population history of Milton ›
Education in Milton
25.1% of adults 25 and older in Milton have a bachelor's degree or higher (Florida: 34.1%), and 6.2% have a graduate or professional degree.
Jobs and commute in Milton
- Unemployment rate
- 5.4%State: 4.8%
- Average commute
- 26 minState: 28 min
- Work from home
- 9.3%
- Drive alone
- 78.3%
- Public transit
- 0.2%
- Walk to work
- 0.9%
- Homes with broadband
- 89.2%
Milton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Milton | 10,733 | $76,301 | $233,100 | $1,455 |
| Bagdad | 4,466 | $82,034 | $227,900 | $945 |
| Pea Ridge | 3,560 | $59,628 | $220,800 | $1,252 |
| Point Baker | 3,976 | $64,769 | $213,000 | $1,145 |
| Roeville | 629 | $90,928 | $306,400 | $897 |
| East Milton | 14,783 | $64,904 | $212,900 | $1,157 |
| Mulat | 307 | $151,042 | $415,700 | — |
| Pace | 26,282 | $80,701 | $293,800 | $1,282 |
| Avalon | 886 | $88,125 | $280,600 | $1,679 |
More for people moving to Milton
Milton ZIP code ›Weather and climate ›Living in Milton: FAQ
What is the median household income in Milton, FL?
The median household income in Milton is $76,301, about the same as the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Milton?
The median home value in Milton is $233,100, compared with $359,000 in Florida.
How much is rent in Milton?
The median gross rent in Milton is $1,455 per month, about 25.1% of household income.
Is Milton, FL a good place to live?
Pluses: median household income about the same as the Florida median; home values 35% lower than the state median; an average commute of 26 minutes; a poverty rate of 8.1%. Minuses: unemployment of 5.4%.
What is the median age in Milton?
The median age in Milton is 38.4 years (Florida: 42.6).
How long is the commute in Milton?
The average commute to work in Milton is 26 minutes; 9.3% of workers work from home.
What is the unemployment rate in Milton?
The unemployment rate in Milton is 5.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Milton?
25.1% of adults in Milton have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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