Living in Milton, Wisconsin

Cost of living, income, home prices, rent and demographics of Milton · Census data 2020–2024

Milton has 5,706 residents with a median age of 40.9. The median household income is $85,959 (11% higher than the Wisconsin median), the median home value is $249,200, the median rent is $930/month.

Milton at a glance

Population
5,706
Median age
40.9State: 40.2
Median household income
$85,959State: $77,485
Median home value
$249,200State: $266,500
Median rent
$930/moState: $1,087
Homeowners
74%
Bachelor's degree or higher
28.3%
Average commute
30 min

Is Milton a good place to live?

Pros: Median household income 11% higher than the Wisconsin median; home values 6% lower than the state median; unemployment of 0.9%; a poverty rate of 6.5%.

Cons: An average commute of 30 minutes.

The weather is best in June to September.

Cost of living in Milton

Housing is the biggest part of the cost of living. In Milton the median home value is $249,200, 25% lower than the U.S. median. Renters pay a median of $930 per month, which is 22.7% of household income. Homeowners with a mortgage pay $1,647 a month in housing costs.

Median home value

Milton$249,200
Wisconsin$266,500
United States$332,700

Median monthly rent

Milton$930
Wisconsin$1,087
United States$1,413

Milton median household income

The median household income in Milton is $85,959 and the income per person is $40,027. 6.5% of residents live below the poverty line (Wisconsin: 10.6%).

Median household income

Milton$85,959
Wisconsin$77,485
United States$80,734

Housing in Milton: homes for sale and rent

Housing units
2,533
Owner-occupied
74%
Renter-occupied
26%
Vacant
1.9%Includes seasonal homes
Median year built
1974
Average household size
2.29

Milton demographics

Population
5,706
Median age
40.9
Under 18
22.1%
65 and older
16.4%
Households
2,485
Foreign-born
4.5%
Veterans
13.1%Adults 18+

Race and ethnicity

White87.5%
Hispanic or Latino8.9%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Milton ›

Education in Milton

28.3% of adults 25 and older in Milton have a bachelor's degree or higher (Wisconsin: 33.4%), and 7.8% have a graduate or professional degree.

Bachelor's degree or higher

Milton28.3%
Wisconsin33.4%
United States35.7%

Jobs and commute in Milton

Unemployment rate
0.9%State: 3.2%
Average commute
30 minState: 22 min
Work from home
10.1%
Drive alone
84.6%
Public transit
0%
Walk to work
1.1%
Homes with broadband
91.6%

Milton vs nearby towns

TownPopulationMedian incomeHome valueRent
Milton5,706$85,959$249,200$930
Lake Koshkonong1,010$97,115$370,300$1,296
Janesville66,030$73,446$223,400$1,054
Edgerton6,014$72,489$266,900$961
Fort Atkinson12,463$79,302$211,800$961
Lake Lorraine284$68,500$221,600—
Whitewater15,807$54,969$229,400$1,041
Turtle Lake327$63,438$338,300$870
Rockdale201$96,250$291,700$1,100

More for people moving to Milton

Milton ZIP code ›Weather and climate ›

Living in Milton: FAQ

What is the median household income in Milton, WI?

The median household income in Milton is $85,959, 11% higher than the Wisconsin median of $77,485 (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 $249,200, compared with $266,500 in Wisconsin.

How much is rent in Milton?

The median gross rent in Milton is $930 per month, about 22.7% of household income.

Is Milton, WI a good place to live?

Pluses: median household income 11% higher than the Wisconsin median; home values 6% lower than the state median; unemployment of 0.9%; a poverty rate of 6.5%. Minuses: an average commute of 30 minutes.

What is the median age in Milton?

The median age in Milton is 40.9 years (Wisconsin: 40.2).

How long is the commute in Milton?

The average commute to work in Milton is 30 minutes; 10.1% of workers work from home.

What is the unemployment rate in Milton?

The unemployment rate in Milton is 0.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Milton?

28.3% 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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