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Milton: Economy & Jobs

Milton's typical household earns $96,540 (about the same as Pierce County median $99,564; about the same as Washington median $98,141), with homes at a median value of $539,700. The surrounding county supports 1,449,785 jobs (avg $132,279).

Income & Affordability

Median household income $96,540 — near the Washington median ($97,826). Poverty rate 10.2% (U.S. average ~12.5%). 44% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income5.6×
Affordability · Home Affordabilityexpensive
Affordability · Rent Pct Income24.7%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened44.3%
Affordability · Poverty Rate10.2%
Affordability · Property Tax Pct Income4.9%
Irs Income · IRS tax returns filed$1,150,040
Irs Income · Total Adjusted Gross Income (thousands)$185,601,265
Irs Income · Average AGI per return$161,387 (vs Washington $98,017)
Irs Income · Year2022
Income Estimate$102,333
Median Household Income$96,540 (vs Washington $97,826)
Poverty Rate10.2%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcemixed
Economic Character · Top IndustryArts Food
Economic Character · Income Levelupper-middle
Economic Character · Median Income$96,540

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 3.8% — near the U.S. average of ~4%. 9% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min30.30
Commuter Profile · Work From Home Pct9.2%
Commuter Profile · Profilemoderate commute
Employment · Avg annual employment (county)1,449,785
Employment · Total annual wages (county)$191,775,535,527
Employment · Average annual pay$132,279
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment3,495,500
Unemployment Rate3.8% (vs Washington 3.4%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms264
Agriculture · Land In Farms Acres33,134
Agriculture · Avg Farm Size Acres125.50
Agriculture · Top CommoditiesSod, Crop Totals, Horticulture Totals, Animal Totals, Milk
Agriculture · Year2022
Business Patterns · Establishments (employer count)70,530
Business Patterns · Total Employees1,290,681
Business Patterns · Annual Payroll Thousands142,316,238
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores505
Local Businesses · Convenience Stores161
Local Businesses · Liquor Stores82
Local Businesses · Gas Stations370
Local Businesses · Department Stores8
Local Businesses · General Merchandise69
Local Businesses · Clothing Stores175
Local Businesses · Pet Stores132

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants2,613
Dining Scene · Fast Food1,782
Dining Scene · Bars343
Dining Scene · Coffee Snacks977

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (4)

Columbia Bank
EDGEWOOD-MILTON BRANCH · 1250 Meridian Street East · 98354
Bank of America, National Association
EDGEWOOD-MILTON BRANCH · 628 Meridian E · 98354
KeyBank National Association
EDGEWOOD-MILTON BRANCH · 1000 Meridian E · 98354
U.S. Bank National Association
MILTON ALBERTSONS BRANCH · 900 Meridian E · 98354

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

Safeway 3545
Supermarket · 900 Meridian E Ste 12
Dollar Tree 2595
Other · 900 Meridian E
Papa Murphy's Pizza WA131
Specialty Store · 900 Meridian E
Jacksons Food Store 658
Convenience Store · 524 Meridian E
People Mart 10
Convenience Store · 728 Meridian E
Nearest Snap · NameSafeway 3545
Nearest Snap · Total In Area7

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameSOUTHWEST KING COUNTY CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$20,069,658,958
Federal Spending · Per Capita8,842.53 (vs Washington $8,135)
Federal Spending · Population2,269,675 people (vs Washington 51,513)

Sources: USAspending API

Other

Pct Drove Alone73.9%
Pct Public Transit2.3%
Pct Walked9.2%
Retirement Score · Median age37.9 years (vs Washington 37.2y)
Retirement Score · Ss Household Pct28.6%
Retirement Score · Hospitals Nearby10
Retirement Score · Va AccessYes
Retirement Score · Factorshospital access, VA nearby
Retirement Score · Ratingfair

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12