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Learn about the people, housing, costs and businesses in Milton, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Milton.
True all-in cost — P&I, taxes, insurance & utilities for homes in Milton.
Find and compare lenders active near Milton.
As of today, the 30-year fixed mortgage rate for Milton is approximately 6.994% (7.003% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for MiltonThe median home value in Milton is $88k. The median monthly rent is $850. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Milton have decreased 6.5% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $752/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Milton is $52k/year.
Calculate your buying powerThe largest employment sectors in Milton are public administration (21%) and wholesale trade (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.