Cost of Living in Milton, MA
Population: 28,481 • 2026 Data
$178,053
Median Household Income
+130% vs national
$1,503
Median Monthly Rent
+11% vs national
$896,500
Median Home Value
+164% vs national
3.7%
Unemployment Rate
Housing in Milton
The median home value in Milton, MA is $896,500. Monthly rent for a typical unit averages $1,503, while total monthly housing costs (including utilities and insurance) average $2,878.
Rent-to-income ratio: 10.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Milton, MA is $178,053. The unemployment rate stands at 3.7%, with a labor force of 15,232 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.