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Real Estate Prices & Overview

Milton median real estate price is $388,185, which is less expensive than 65.8% of New York neighborhoods and 43.8% of all U.S. neighborhoods.

The average rental price in Milton is currently $2,328, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 62.4% of New York neighborhoods.

Milton is a suburban neighborhood (based on population density) located in Ballston Spa, New York.

Milton real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Milton neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Milton, the current vacancy rate is 3.0%, which is a lower rate of vacancies than 80.1% of all neighborhoods in the U.S. This means that the housing supply in Milton is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

There is an especially high percentage of incarcerated people (1.9%) living in the Milton neighborhood.

Diversity

Did you know that the Milton neighborhood has more Arab and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.0% of this neighborhood's residents have Arab ancestry and 1.1% have Austrian ancestry.

Milton is also pretty special linguistically. Significantly, 10.2% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 98.2% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Milton neighborhood in Ballston Spa are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 73.8% of the neighborhoods in America. In addition, 7.8% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 56.3% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Milton neighborhood, 43.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 22.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.5%), and 12.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Milton neighborhood is English, spoken by 97.2% of households. Some people also speak Polish (10.2%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Milton neighborhood in Ballston Spa, NY, residents most commonly identify their ethnicity or ancestry as German (23.8%). There are also a number of people of Italian ancestry (16.0%), and residents who report English roots (15.2%), and some of the residents are also of Irish ancestry (15.2%), along with some Arab ancestry residents (7.0%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Milton neighborhood spend between 15 and 30 minutes commuting one-way to work (38.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (82.0%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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