Milton, MA
Maps & Population Facts
Population
27,527
Population Density
2,116
Labor Participaton
68.0%
Bachelor's or Higher
61.8%
Median Household Income
$126,000
Median Individual Income
$53,871
Median Individual Income(Full-time Workers Only)
$86,860
Housing Estimates
Median House Value
$558,700
Median Gross Rent
$1,520
Median Mortgage Payment
$2,790
Housing Units
9,377
People who reside in Milton live in:
Detached - Single Family Homes
75%
Apt, Condo, Other
25%
Analysis
Income
Households in Milton earn significantly more money than the national median income, averaging 1.09% higher per household.
Housing
Milton has a median house price of $558,700, which makes it one of the most expensive places in the United States to own property. The cost of renting in Milton is 50% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 7% |
Demographics
The median age in Milton is 39. The age of the general population in Milton is comparable with with the national average.
Milton ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Milton | Massachusetts | USA | |
Median Property Value | 558,700 | 385,400 | 217,600 |
Median Mortgage Payment | 2,790 | 2,108 | 1,513 |
Median Gross Rent | 1,520 | 1,208 | 1,012 |
Property Vacancy | 4.3% | 10.0% | 12.6% |
% Renters | 17% | 38% | 36% |
Residents per Sq. Mi. | 2,116 | 885 | 93 |
Personal Comparison
Milton | Massachusetts | USA | |
Median Household Income | 126,000 | 77,385 | 60,336 |
Median Individual Income | 53,871 | 41,700 | 33,646 |
Median Income (Full-Time) | 86,860 | 60,923 | 46,881 |
Median Age | 38.7 | 39.5 | 38.1 |
Labor Participation | 68.0% | 67.8% | 62.8% |
Attained College Degree | 61.8% | 43.4% | 32.0% |
Population Density Analysis
Milton, MA
2,116
Residents per Sq. Mile
The population density of Milton is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +