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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 Rate3.1%
Poverty Rate2.8%
Gini Coefficient0.515
Cost of Living Index103.6

Commute

Mean Commute26 minutes
Drive Alone75.2%
Public Transit2.7%
Work From Home15.5%

Businesses

Total Establishments10,884
Restaurants701
Healthcare1,096
Retail831
Manufacturing249

Tax

IRS Avg AGI$105,630
Avg Property Tax$11,486