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Milton, WA

Full City Profile · Washington · Pierce County County

2.9 /5.0
C+ Fair
8,747 Population 3,146/sq mi density
$89,804 Median Income $41,616 per capita
$511,000 Home Value $563,976 Zillow
$1,986 Median Rent 33.4% income on rent
54°F Avg Temperature 240 sunny days/yr
382 Violent Crime/100K 2,506 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$89,804 median income, 4.0% unemployment
B
Affordability
3.5 / 5.0
$511,000 home value, $1,986/mo rent
F
Safety
1.0 / 5.0
382 violent crimes/100K (0% above avg)
C+
Education
2.8 / 5.0
22.8% bachelor's degree or higher

Housing Overview

Median Home Value
$511,000
81% above
US avg: $281,900
Median Rent
$1,986/mo
71% above
US avg: $1,163/mo
Homeownership Rate
58.3%
11% below US avg (65.4%)
Total Housing Units
3,239
Median year built: 1986

Home Value by Source

Census Median
$511,000
Zillow (ZHVI)
$563,976
Median Sale Price
$950,083
Median List Price
$450,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

58.3%
Owner-Occupied
41.7%
Renter-Occupied
58%
42%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent: $1,986/mo · Zillow rent: $2,179/mo

Market Indicators (Redfin)

Median Days on Market
49 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$321
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
33.4%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
58.3%

Complete Housing Data

Home Values

Census Median Value$511,000
Zillow Home Value (ZHVI)$563,976
Median Sale Price$950,083
Median List Price$450,000
Price Per Sq Ft$321

Rent

Census Median Rent$1,986
Zillow Rent (ZORI)$2,179
FMR Studio$1,082
FMR 1-Bedroom$1,180
FMR 2-Bedroom$1,472
FMR 3-Bedroom$2,003
FMR 4-Bedroom$2,351

Market

Days on Market49
Sale-to-List Ratio1.0%
Price Drops50.0%
Homes Sold8
Active Inventory10
Price Per Sq Ft$321

Ownership & Stock

Owner-Occupied58.3%
Renter-Occupied41.7%
Homeownership Rate58.3%
Total Housing Units3,239
Median Year Built1986
Rent Burden33.4%