Milton, GA

Very High · 171

Georgia · Population 41,305 · Updated March 2026

$1,853
Median Rent / Month
$151,235
Median Income
$712,200
Median Home Value
$2,276
Owner Costs / Month

Affordability

How far your income goes in Milton

14.7%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Georgia

State-level tax rates that affect your costs

5.49%
Income Tax (Top Rate)
4.0%
Sales Tax
0.92%
Property Tax Rate

Estimated Annual Costs

$22,236
Annual Rent
$8,303
State Income Tax
$6,552
Property Tax (est.)

Cost of Living Overview

Milton has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 171 (where 100 equals the national median), Milton residents can expect to pay median rent of $1,853/month while earning a median household income of $151,235/year.

The median home value in Milton, GA is $712,200, with typical monthly owner costs around $2,276 including mortgage, insurance, and taxes. The median rent-to-income ratio of 14.7% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Georgia has a moderate income tax rate of 5.49%. Combined with a 4.0% sales tax rate and 0.92% effective property tax rate, the overall tax environment is a factor in the total cost of living in Milton.

Frequently Asked Questions

Common questions about living costs in Milton

What is the cost of living in Milton, GA?
The cost of living index in Milton, GA is 171 (US average = 100). Median monthly rent is $1,853, median household income is $151,235/year, and the median home value is $712,200.
Is Milton, GA affordable?
No, Milton is more expensive than the national average with a cost index of 171. The rent-to-income ratio is 14.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Milton, GA?
The median gross rent in Milton, GA is $1,853 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $22,236.
What is the median household income in Milton?
The median household income in Milton, GA is $151,235 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Georgia?
Georgia has a top income tax rate of 5.49%, a sales tax of 4.0%, and an effective property tax rate of 0.92%.