Milford, CT
Full City Profile · Connecticut · Greater Bridgeport Planning Region County
3.9
/5.0
B+
Good
50,749
Population
2,316/sq mi density
$110,126
Median Income
$59,780 per capita
$377,400
Home Value
$481,662 Zillow
$1,820
Median Rent
28.0% income on rent
53°F
Avg Temperature
275 sunny days/yr
53
Violent Crime/100K
1,873 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$110,126 median income, 3.1% unemployment
A+
Affordability
4.8 / 5.0
$377,400 home value, $1,820/mo rent
F
Safety
1.0 / 5.0
53 violent crimes/100K
A+
Education
4.9 / 5.0
48.4% bachelor's degree or higher
Income Overview
Median Household Income
$110,126
47% above
US avg: $75,149
Per Capita Income
$59,780
53% above
US avg: $39,052
Unemployment Rate
3.1%
14% below
US avg: 3.6%
Poverty Rate
2.8%
77% below
US avg: 12.4%
Income Comparison: Milford vs. U.S. Average
Each bar shows Milford’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$110,126
147%
Per Capita
US: $39,052
$59,780
153%
IRS Avg AGI
US: $72,000
$105,630
147%
Avg Weekly Wage
US: $1,432
$1,441
101%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,441
1% above US avg ($1,432)
Mean Commute Time
26 min
6% below US avg (28 min)
Work From Home
15.5%
2% above US avg (15.2%)
Drive Alone
75.2%
3% above US avg (73.2%)
Public Transit
2.7%
45% below US avg (5.0%)
County GDP
$33,930M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
75.2%
Public Transit
2.7%
Work From Home
15.5%
Other
6.6%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
10,884
Restaurants
701
Healthcare
1,096
Retail
831
Manufacturing
249
Tax & Financial
IRS Avg Adjusted Gross Income
$105,630
47% above US avg ($72,000)
Avg Property Tax
$11,486
228% above US avg ($3,500)
Cost of Living Index
103.6
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $110,126 |
| Per Capita Income | $59,780 |
| IRS Avg Adjusted Gross Income | $105,630 |
| Avg Weekly Wage | $1,441 |
| County GDP | $33,930M |
Hardship Indicators
| Unemployment Rate | 3.1% |
| Poverty Rate | 2.8% |
| Gini Coefficient | 0.515 |
| Cost of Living Index | 103.6 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 75.2% |
| Public Transit | 2.7% |
| Work From Home | 15.5% |
Businesses
| Total Establishments | 10,884 |
| Restaurants | 701 |
| Healthcare | 1,096 |
| Retail | 831 |
| Manufacturing | 249 |
Tax
| IRS Avg AGI | $105,630 |
| Avg Property Tax | $11,486 |
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