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Milford, DE
Full City Profile · Delaware · Sussex County County
2.9
/5.0
C+
Fair
12,193
Population
1,237/sq mi density
$55,265
Median Income
$35,066 per capita
$274,600
Home Value
$336,942 Zillow
$1,182
Median Rent
29.9% income on rent
58°F
Avg Temperature
293 sunny days/yr
725
Violent Crime/100K
5,047 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$55,265 median income, 3.3% unemployment
B+
Affordability
3.9 / 5.0
$274,600 home value, $1,182/mo rent
F
Safety
1.0 / 5.0
725 violent crimes/100K (91% above avg)
B
Education
3.4 / 5.0
30.0% bachelor's degree or higher
Housing Overview
Median Home Value
$274,600
3% below
US avg: $281,900
Median Rent
$1,182/mo
2% above
US avg: $1,163/mo
Homeownership Rate
46.5%
29% below US avg (65.4%)
Total Housing Units
5,399
Median year built: 1986
Home Value by Source
Census Median
$274,600
Zillow (ZHVI)
$336,942
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
46.5%
Owner-Occupied
53.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,205/mo
1 Bedroom
$1,250/mo
2 Bedroom
$1,560/mo
3 Bedroom
$1,990/mo
4 Bedroom
$2,293/mo
Census median rent:
$1,182/mo
Affordability & Housing Stock
Rent Burden
29.9%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
46.5%
Complete Housing Data
Home Values
| Census Median Value | $274,600 |
| Zillow Home Value (ZHVI) | $336,942 |
Rent
| Census Median Rent | $1,182 |
| FMR Studio | $1,205 |
| FMR 1-Bedroom | $1,250 |
| FMR 2-Bedroom | $1,560 |
| FMR 3-Bedroom | $1,990 |
| FMR 4-Bedroom | $2,293 |
Market
Ownership & Stock
| Owner-Occupied | 46.5% |
| Renter-Occupied | 53.5% |
| Homeownership Rate | 46.5% |
| Total Housing Units | 5,399 |
| Median Year Built | 1986 |
| Rent Burden | 29.9% |