Milton \m(i)-lton, mil-ton\ as a boy's name is pronounced MIL-ton. It is of Old English origin, and the meaning of Milton is "mill town". Also possibly (Old English) "in the middle of three settlements". Used as given name from the early 19th century. Poet John Milton; comedian Milton Berle.
Milton has 6 variant forms: Milt, Miltie, Millton, Milten, Miltin and Mylton.