Milton, FL
Population 10,485 · Florida
About Milton, FL
Milton is a mid-sized city in Florida with a population of 10,485 residents. The median household income is $72,676 per year, which is above the national average. The median age in Milton is 38 years.
Housing in Milton has a median home value of $195,600 and median monthly rent of $1,542. Of the 4,886 total housing units, the majority are owner-occupied, with 2,302 owner-occupied and 2,231 renter-occupied units.
The unemployment rate in Milton is 5.9% and the poverty rate is 10.8%. 21.9% of residents hold a bachelor's degree or higher. The average commute time is 26.1 minutes.
Cost of Living in Milton, FL
Compared to national averages, Milton has a median household income of $72,676 (3% below the national median of $75,149). Home values average $195,600, which is 20% below the national median. Monthly rent at $1,542 is 33% above the US average of $1,163. Within Florida, Milton's income is 4% below the state average of $75,893, and home values are 45% below the state median of $353,675.
Why Live in Milton, FL?
Milton offers affordable housing with a median home value of $195,600, below the US average of $244,900, and a low poverty rate of 10.8%, better than the national average.
Potential considerations include median household income ($72,676) that falls below the national average. However, Milton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Milton has a population of 10,485 with a median age of 38 years. Compare Milton with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Milton
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lighthouse Point | 10,463 | $92,268 | $667,000 | Compare |
| Pine Castle | 10,429 | $46,154 | $286,900 | Compare |
| Palatka | 10,558 | $33,628 | $112,300 | Compare |
| Progress Village | 10,378 | $85,814 | $266,200 | Compare |
| Memphis | 10,626 | $71,967 | $292,200 | Compare |
| Alachua | 10,638 | $78,526 | $285,700 | Compare |
| Rotonda | 10,312 | $67,383 | $340,700 | Compare |
| Pine Ridge CDP (Citrus County), Florida | 10,676 | $66,131 | $354,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Milton
What is the population of Milton, FL?
The population of Milton, FL is 10,485 according to the latest Census data.
What is the median household income in Milton?
The median household income in Milton, FL is $72,676 per year.
What is the median home value in Milton?
The median home value in Milton, FL is $195,600.
What is the average rent in Milton?
The median monthly rent in Milton, FL is $1,542.
What is the unemployment rate in Milton?
The unemployment rate in Milton, FL is 5.9%.