HomeMassachusettsNorfolk CountyMilton
Milton, Massachusetts: commercial real estate data.
Milton is a Census CDP of 28,587 people across 13.01 square miles of land, in Norfolk County. Median household income is $188,529, 85.2 percent of occupied homes are owned, and the SBA record carries 28 7(a) approvals to borrowers here worth $8.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Milton
What Milton is
- Census place typeCDP
- Land area13.01 sq mi
- Water area0.3 sq mi
- Population per square mile of land2,197
- County holding the largest share of its areaNorfolk County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milton
How many people live in Milton
- Population28,587
- Median age41.1
- Population under 187,238
- Share under 1825.3 percent
- Population 65 and over4,615
- Share 65 and over16.1 percent
- Households9,094
- Family households7,019
- Share of households that are families77.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milton
Income and work in Milton
- Median household income$188,529
- Per capita income$74,857
- Civilian labor force15,228
- Employed14,491
- Unemployed737 plus or minus 229
- Unemployment rate4.8 percent plus or minus 1.5
- Adults 25 and over18,225
- Adults 25 and over with a high school diploma or higher95.9 percent
- Adults 25 and over with a bachelor degree or higher71.9 percent
- Adults 25 and over with a graduate degree39.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milton
Housing in Milton
- Housing units9,335
- Occupied units9,094
- Vacant units241 plus or minus 131
- Vacancy rate2.6 percent plus or minus 1.4
- Owner occupied7,746
- Renter occupied1,348 plus or minus 337
- Ownership rate85.2 percent
- Median owner-occupied home value$933,200
- Median gross rent, monthly$1,474
- Annual rent as a share of median income9.4 percent plus or minus 1.9
- Single family units7,505
- Share single family80.4 percent
- Units in buildings of two or more1,830 plus or minus 388
- Share in buildings of two or more19.6 percent plus or minus 4.1
- Mobile homes0
- Median year structure built1945
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milton
How Milton gets to work
- Workers 16 and over who commute9,969
- Commuting under 15 minutes1,686
- Share commuting under 15 minutes16.9 percent
- Commuting 30 minutes or more5,154
- Share commuting 30 minutes or more51.7 percent
- Drove alone53.6 percent
- Carpooled4.0 percent plus or minus 1.7
- Public transport7.7 percent plus or minus 4.2
- Walked3.0 percent plus or minus 1.3
- Worked from home29.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milton
SBA loans in Milton (7(a))
- Approvals28
- Gross approval$8,441,300
- Average approval$301,475
- Median approval$188,500
- Ninetieth percentile approval$545,000
- Largest approval$1,893,000
- Jobs supported184
- Jobs per approval6.6
- Loans with a final outcome9
- Paid in full9
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more3.6 percent
- Share to franchises7.1 percent
- Distinct lenders13
- Distinct industries by NAICS22
Counted by borrower city: approvals to borrowers whose address is in Milton, in any county, FY2020 to FY2026. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Milton
SBA loans in Milton (504)
- Approvals5
- Gross approval$7,483,000
- Average approval$1,496,600
- Median approval$1,318,000
- Largest approval$3,222,000
- Jobs supported72
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs3
Counted by borrower city: approvals to borrowers whose address is in Milton, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Milton
Flood risk in Milton
- NFIP communityTown of Milton
- NFIP community number250245
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/08/25
The Town of Milton participates in the National Flood Insurance Program as community 250245 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Norfolk County, not Milton
Norfolk County context, not Milton figures
- Establishments in Norfolk County20,745
- Covered employment, Norfolk County346,327
- Average annual pay, Norfolk County$84,497
- Housing units permitted, Norfolk County1,224
Every figure in this section is published for Norfolk County as a whole and is not a measurement of Milton.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Milton questions, answered from the record.
How many people live in Milton, Massachusetts?
28,587, in 9,094 households. Milton CDP covers 13.01 square miles of land, which is 2,197 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Milton in?
Norfolk County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Milton?
$188,529. The median owner-occupied home is valued at $933,200. Median gross rent is $1,474 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Milton businesses?
28 7(a) approvals totaling $8.4 m since FY2020, across 13 lenders, median approval $188,500, plus 5 504 approvals worth $7.5 m since FY2010. These count approvals to borrowers whose address is in Milton, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Milton borrowers get paid back?
No rate is published for Milton. Only 9 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Milton in the National Flood Insurance Program?
Yes. Milton appears in the FEMA Community Status Book as Milton, town of, community 250245, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Milton figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Norfolk County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Milton.
Is zoning published for Milton?
No. Nothing on this page presents parcel level zoning.