Milton, IA Employment - Median Household Income, Unemployment Rate

Milton employment information

Index	Milton	Iowa	National
Income per capita	$15,547	$28,872	$29,829
Median household income	$40,417	$54,570	$55,322
Median income owner occupied	$46,250	$66,527	$70,586
Median income renter occupied	$21,250	$30,828	$35,192
Median earnings male	$31,125	$37,409	$36,919
Median earnings female	$16,250	$25,115	$26,250
Unemployment rate	2.1%	3.1%	4.7%
Poverty level	23.5%	12.3%	15.1%

The Milton, IA employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Milton is $15,547, which is 46% lower than than the Iowa average and 48% lower than than the national average. The median household income is $40,417, which is 26% lower than than the Iowa average and 27% lower than than the national average. The unemployment rate in Milton is 2%, which is 55% lower than than the national average. The poverty rate in Milton is 23% which is 55% higher than than the national average.

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am i middle class

$26,941$40,417$80,834

City

$36,376$54,570$109,140

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Milton is 48% lower than the national average.
The median household income in Milton is 27% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Milton is 55% lower than the national average.
The poverty level in Milton is 55% higher than the national average.

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Compare Milton, IA Employment To Other Cities

Employment status

Hours worked per week

Milton median earnings by income bracket

Milton employment by industry

Labour Type	Male	Female
Construction industry	14.8%	2.2%
Manufacturing sector	45.8%	10.9%
Financial & insurance services	0.0%	5.4%
Wholesale & retail services	4.2%	21.7%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	8.5%	7.6%
Education, health & social services	8.5%	48.9%
Other	17.6%	13.0%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Mount Sterling, IA	36	$130,500	136%
Pulaski, IA	289	$52,679	5%
Floris, IA	246	$46,875	15%
Birmingham, IA	546	$45,000	19%
Keosauqua, IA	1,029	$43,548	21%
Milton, IA	604	$40,417	27%

Cities with similar population

City, State	Population	Household Income	National Avg.
Beech Bottom, WV	604	$45,781	17%
Fort Cobb, OK	604	$34,375	38%
Lower Santan Village, AZ	604	$0	100%
Noble, IL	604	$45,000	19%
Centralia, KS	604	$38,958	30%
Milton, IA	604	$40,417	27%

Source: The Milton, IA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).