Milton, Florida

Santa Rosa County Real Estate - Milton

Milton is in North West Florida. It's population as recorded in the 2010 Census was 8,826. Milton is approximately 18 miles from Pensacola (population 51,923) and around 89 miles from Panama City (population 36,484).

The median age for residents of Milton is 34.9. Around 31.9% of Milton households include school aged children and 25.7% of households include individuals aged 65 years or over. Census records indicate 77.3% of the Milton population are White, 13.9% are Black or African American, .7% American Indian, 2.2% Asian and 4% are Two or more Races.

There are 4,021 housing units in Milton. 505 (12.5%) of these were reported as vacant in the 2010 Census. There are 1,773 residential rental units in Milton. 1,501 of them were occupied in 2010 providing a residential rental vacancy rate of 15.1%.

Milton links:

Sue Goldthorp

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My name is Sue Goldthorp. I am a real estate broker and co-founder of Visulate. Drop me a line if you would like me to help you buy or sell a property in Milton, Florida.

Milton is located in Santa Rosa County. It has a population of approximately 8,826 people. The population increased 3.6% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 4.7% for Santa Rosa County and a 1.7% increase for the country as a whole. Milton occupies 5.46 of the 1011.61 square miles in Santa Rosa County. It had a population density of 1616.5 persons per square mile in 2010. This compared to 149.6 for the county, 350.6 for Florida and 87.4 for the country.

6.1% ( 4,021) of the 65,728 housing units in Santa Rosa County are in Milton (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Milton has a 65.0% homeownership rate compared to Santa Rosa County's 76.3% homeownership rate and Florida's rate of 69.0%.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
United States 313,914,040 $14,025,202 1.7% $52,762 132,312,404 $186,200
Florida 18,801,310 $630,738 2.7% $47,827 9,026,965 $188,600
Santa Rosa County 151,372 $1,467 4.7% $55,913 65,728 $173,400
Milton 8,826 $2233.6%$37,629 4,021$116,600

Milton's medium household income in 2011 was $37,629. Santa Rosa County's medium household income was $55,913, which is higher than the medium income for Florida as a whole: $47,827. 16.7% of the population in Milton lives below the poverty line, compared to 14.7% in Florida, 10.8% of the population in Santa Rosa County and 14.3% nationwide. Additional Information:

Milton Economic Activity

The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Milton. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.

At $223 million, Milton's economic activity represents 15.23% of Santa Rosa County's $1,467MM in economic activity. Santa Rosa County represents 0.23% of the Florida economy.

Milton Economic Activity
ActivityValue (Millions)Percentage
Manufacturers shipments $0 0.0%
Merchant wholesaler sales $0 0.0%
Retail sales $195 87.1%
Accommodation and food services sales $29 12.9%
Total $223100%

Santa Rosa County Regional Comparisons

Economic Indicators
CityPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Gulf Breeze 5,763 $733.7%$76,875 2,673$290,400
Midway 16,115 $0X$60,908 7,342$223,700
Milton 8,826 $2233.6%$37,629 4,021$116,600
Navarre 31,378 $0X$63,871 12,746$211,100

Santa Rosa County is located in Northwest Florida. This region is responsible for 4.6% of Florida's economic activity. Santa Rosa County represents 5.1% of the region's economy.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Escambia County 297,619 $8,505 1.7% $43,707 136,551 $145,000
Santa Rosa County 151,372 $1,467 4.7% $55,913 65,728 $173,400
Okaloosa County 180,822 $4,417 5.1% $54,140 92,394 $196,800
Walton County 55,043 $1,223 4.6% $46,926 45,682 $174,000
Holmes County 19,927 $81 -0.6% $33,510 8,649 $86,800
Jackson County 49,746 $836 -1.6% $39,869 21,011 $97,200
Washington County 24,896 $195 0.0% $37,036 10,864 $96,600
Bay County 168,852 $4,852 1.8% $48,225 99,828 $168,400
Calhoun County 14,625 $74 0.7% $31,142 6,069 $80,200
Liberty County 8,365 $28 -1.1% $40,893 3,362 $80,600
Gulf County 15,863 $95 -0.9% $41,291 9,148 $150,600
Franklin County 11,549 $130 1.2% $37,017 8,665 $170,100
Gadsden County 46,389 $1,106 -2.6% $33,453 19,561 $109,000
Leon County 275,487 $5,470 3.0% $45,827 124,701 $195,300
Jefferson County 14,761 $139 -3.4% $42,096 6,727 $125,000
Wakulla County 30,776 $195 0.1% $54,151 12,721 $136,900
Total 1,400,233 $28,814 0.8% $42,825 671,661 $136,619

Milton Real Estate

There are 58,658 properties in Milton. The following table shows a summary of them based on 2014 sales data.

Milton Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 1,396 2.38 0n/an/an/an/a
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 256 0.44 0n/an/an/an/a
Hotel & Motel 27 0.05 0n/an/an/an/a
Industrial 393 0.67 0n/an/an/an/a
Miscellaneous Property 98 0.17 0n/an/an/an/a
Mobile/Manufactured 6,241 10.64 0n/an/an/an/a
Multifamily 947 1.61 0n/an/an/an/a
Office 587 1.00 0n/an/an/an/a
Residential 46,978 80.09 1 $82,900 $73February 1st, 2014February 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 1,219 2.08 0n/an/an/an/a
Senior Housing 20 0.03 0n/an/an/an/a
Special Purpose 418 0.71 0n/an/an/an/a
Sports & Entertaining 78 0.13 0n/an/an/an/a

Agricultural Real Estate in Milton, Florida

1,396( 2.38%) of the properties in Milton are classified as Agricultural.

Commercial Real Estate in Milton, Florida

0( .00%) of the properties in Milton are classified as Commercial.

Government Real Estate in Milton, Florida

256( .44%) of the properties in Milton are classified as Government.

Hotel & Motel Real Estate in Milton, Florida

27( .05%) of the properties in Milton are classified as Hotel & Motel.

Industrial Real Estate in Milton, Florida

393( .67%) of the properties in Milton are classified as Industrial.

Miscellaneous Real Estate in Milton, Florida

98( .17%) of the properties in Milton are classified as Miscellaneous.

Mobile/Manufactured Real Estate in Milton, Florida

6,241( 10.64%) of the properties in Milton are classified as Mobile/Manufactured.

Multifamily Real Estate in Milton, Florida

947( 1.61%) of the properties in Milton are classified as Multifamily.

Office Real Estate in Milton, Florida

587( 1.00%) of the properties in Milton are classified as Office.

Residential Real Estate in Milton, Florida

46,978( 80.09%) of the properties in Milton are classified as Residential. 1 of them sold between February 1st, 2014 and February 1st, 2014. The total value of these sales was $82,900. The median sales price was $82,900. In 2014 the median sales price for Residential in Milton was $73 per sq ft.

Residential Real Estate in Milton, Florida

0( .00%) of the properties in Milton are classified as Residential.

Retail Real Estate in Milton, Florida

1,219( 2.08%) of the properties in Milton are classified as Retail.

Senior Housing Real Estate in Milton, Florida

20( .03%) of the properties in Milton are classified as Senior Housing.

Special Purpose Real Estate in Milton, Florida

418( .71%) of the properties in Milton are classified as Special Purpose.

Sports & Entertaining Real Estate in Milton, Florida

78( .13%) of the properties in Milton are classified as Sports & Entertaining.

Milton, Santa Rosa County Market Data

Milton Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 1,396 3,144,145
Government Property 256 3,790,366
Hotel & Motel 27 735,053
Industrial 393 8,437,918
Land 4,948 46,690
Miscellaneous Property 98 357,228
Mobile/Manufactured 6,241 8,788,783
Multifamily 947 4,585,944
Office 587 2,850,112
Residential 46,978 90,162,518
Retail 1,219 8,573,312
Senior Housing 20 600,208
Special Purpose 418 4,047,633
Sports & Entertaining 78 658,767

Milton Median Property Values per Sq Ft

Milton Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Camp 2016 $309$37 $215$17 $153$7
Auto sales, auto repair and storage or auto service shop 2016 $309$32 $215$16 $153$8
Bowling alley, skating rink, pool hall or enclosed arena 2016 $309$37 $215$17 $153$7
Church 2016 $309$24 $215$12 $153$7
Club, lodge or union hall 2016 $309$24 $215$12 $153$7
College 2016 $309$30 $215$15 $153$7
Community Shopping Center 2016 $309$32 $215$16 $153$8
Condominium 2016 $309$16 $215$16 $153$16
County Owned 2016 $309$30 $215$15 $153$7
Cropland soil capability Class I 2016 $309$27 $215$15 $153$9
Cropland soil capability Class II 2016 $309$27 $215$15 $153$9
Cropland soil capability Class III 2016 $309$27 $215$15 $153$9
Cultural organization, facility 2016 $309$24 $215$12 $153$7
Drive-in Restaurant 2016 $309$32 $215$16 $153$8
Federal Owned 2016 $309$30 $215$15 $153$7
Financial institution (bank, saving and loan company, mortgage company, credit services) 2016 $309$32 $215$16 $153$8
Florist or greenhouse 2016 $309$32 $215$16 $153$8
Food processing 2016 $309$17 $215$10 $153$5
Forest, park or recreational area 2016 $309$30 $215$15 $153$7
Golf course or driving range 2016 $309$37 $215$17 $153$7
Grazing land soil capability Class I 2016 $309$27 $215$15 $153$9
Grazing land soil capability Class II 2016 $309$27 $215$15 $153$9
Grazing land soil capability Class IV 2016 $309$27 $215$15 $153$9
Heavy industrial 2016 $309$17 $215$10 $153$5
Home for the aged 2016 $309$15 $215$10 $153$9
Hospital 2016 $309$30 $215$15 $153$7
Hotel or motel 2016 $309$33 $215$33 $153$33
Improved agricultural 2016 $309$27 $215$15 $153$9
Light manufacturing 2016 $309$17 $215$10 $153$5
Lumber yard, sawmill or planing mill 2016 $309$17 $215$10 $153$5
Military 2016 $309$30 $215$15 $153$7
Miscellaneous Residential (migrant camp or boarding home.) 2016 $309$33 $215$33 $153$33
Mixed use - store and office or store and residential or residential combination 2016 $309$32 $215$16 $153$8
Mobile Home 2016 $309$6 $215$6 $153$6
Mortuary, cemetery or crematorium 2016 $309$24 $215$12 $153$7
Multi-family - 10 units or more 2016 $309$22 $215$13 $153$7
Multi-family - less than 10 units 2016 $309$22 $215$13 $153$7
Municipal Owned 2016 $309$30 $215$15 $153$7
Nightclub, cocktail lounge or bar 2016 $309$37 $215$17 $153$7
Office building, non-professional service building, multi-story 2016 $309$30 $215$18 $153$11
Office building, non-professional service building, one story 2016 $309$30 $215$18 $153$11
Orchard Groves, Citrus, etc. 2016 $309$27 $215$15 $153$9
Ornamentals, miscellaneous agricultural 2016 $309$27 $215$15 $153$9
Orphanage, other non-profit or charitable services 2016 $309$24 $215$12 $153$7
Poultry, bees, tropical fish, rabbits, etc. 2016 $309$27 $215$15 $153$9
Private school or college 2016 $309$24 $215$12 $153$7
Professional service building 2016 $309$30 $215$18 $153$11
Public county school 2016 $309$30 $215$15 $153$7
Race track: horse, auto or dog 2016 $309$37 $215$17 $153$7
Repair service shop (excluding automotive) 2016 $309$32 $215$16 $153$8
Restaurant, cafeteria 2016 $309$32 $215$16 $153$8
Single Family 2016 $309$16 $215$16 $153$16
State Owned 2016 $309$30 $215$15 $153$7
Store, one story 2016 $309$32 $215$16 $153$8
Supermarket 2016 $309$32 $215$16 $153$8
Timberland - site index 70 to 79 2016 $309$27 $215$15 $153$9
Timberland - site index 80 to 89 2016 $309$27 $215$15 $153$9
Timberland - site index 90 and above 2016 $309$27 $215$15 $153$9
Tourist attraction, permanent exhibit or other entertainment facilities 2016 $309$37 $215$17 $153$7
Utility 2016 $309$42 $215$15 $153$6
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $309$17 $215$10 $153$5