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.

Median home value

Milton$233,100
Florida$359,000
United States$332,700

Median monthly rent

Milton$1,455
Florida$1,669
United States$1,413

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%).

Median household income

Milton$76,301
Florida$74,568
United States$80,734

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+

Race and ethnicity

White82.3%
Hispanic or Latino7.9%
Black5.3%
Asian2.5%

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.

Bachelor's degree or higher

Milton25.1%
Florida34.1%
United States35.7%

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

TownPopulationMedian incomeHome valueRent
Milton10,733$76,301$233,100$1,455
Bagdad4,466$82,034$227,900$945
Pea Ridge3,560$59,628$220,800$1,252
Point Baker3,976$64,769$213,000$1,145
Roeville629$90,928$306,400$897
East Milton14,783$64,904$212,900$1,157
Mulat307$151,042$415,700—
Pace26,282$80,701$293,800$1,282
Avalon886$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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