Milford, IA

Iowa

Milford is a small town in Iowa with a population of 3,315. Residents earn $60,571 per year, which is 19% below the national average.

4.0 /5.0
A Great
3,315 Population 1,542/sq mi density
$60,571 Median Income $40,300 per capita
$211,000 Home Value $277,664 Zillow
$806 Median Rent
46°F Avg Temperature
A
Overall
4.0 / 5.0
Great overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$60,571 median income, 2.0% unemployment
A+
Affordability
4.7 / 5.0
$211,000 home value, $806/mo rent
C+
Education
2.9 / 5.0
24.1% bachelor's degree or higher
Median Income $60,571
19% lower than US avg
Home Value $211,000
25% lower than US avg
Bachelor's+ 24.1%
28% lower than US avg
Median Rent $806
31% lower than US avg
Obesity Rate 37.9%
18% higher than US avg
Unemployment 2.0%
44% lower than US avg
Poverty Rate 2.7%
78% lower than US avg

How Milford Compares to the U.S. Average (100% = U.S. avg)

People

Population3,315
Median Age45.8 yrs
Density1,542/mi²
Male / Female49% / 51%
Largest GroupWhite 96%

Economy

A
Median Income$60,571
Per Capita$40,300
Unemployment2.0%
Poverty2.7%
County GDP$1,529M
Commute19 min

Housing

A+
Home Value$211,000
Rent$806
OwnershipN/A
Zillow$277,664

Crime

ViolentN/A
PropertyN/A

Health

Obesity37.9%
UninsuredN/A
Depression21.2%
Heart Disease5.0%

Climate

Avg Temp46°F
AQI43 (Good)
Rain29.5 in/yr
Elevation1,443 ft

Education

C+
Bachelor's+24.1%
High School+96.2%
School Score5.73

Community

2024 VoteR 69% / D 29%
Commute19 min
Libraries5

Is Milford a Good Place to Live?

Based on current data, Milford receives an overall livability score of 4.0 out of 5.0, earning a grade of A. Key strengths include low unemployment, affordable housing, a low poverty rate, high health insurance coverage. Milford stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Milford is $60,571, 19% below the national average of $75,149. The job market is very strong with unemployment at just 2.0%. Only 2.7% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 19 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Milford is $211,000, 25% below the national median — offering relatively affordable homeownership. Renters pay a median of $806 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.5x indicates a reasonably affordable housing market.

Education

24.1% of residents hold a bachelor's degree, below the national average of 33.7%. 96.2% have completed high school. Area schools have an average test score of 5.7/10.

Climate & Weather

Milford experiences four distinct seasons with an average temperature of 46°F. Winters average 16°F in January while summers reach 73°F in July. Annual precipitation totals 29.5 inches, including 38.0 inches of snow. Air quality is rated Good with a median AQI of 43.

Milford has a population of 3,315 with a density of 1,542 people per square mile. The median age is 45.8 years, 18% older than the national median of 38.9. The city is predominantly White (96%).

Population

3,315
Total Population
1,542
People / sq mi
45.8yrs
Median Age
18% above US avg
2.2mi²
Land Area

Gender Distribution

Male 48.6%
Female 51.4%

Race & Ethnicity

Milford vs U.S. Average

Language Spoken at Home

English Only97.7%
24% above US avg
Spanish2.3%
83% below US avg

Social Characteristics

Milford vs U.S. Average

The median household income in Milford is $60,571, which is 19% below the national average of $75,149. The unemployment rate is 2.0% (below the 3.6% US average). 2.7% of residents live below the poverty line. Workers commute an average of 19 minutes.

Income: Milford vs U.S.

Commute Mode

Income

Median HH Income$60,571
19% below US avg
Per Capita Income$40,300
Avg Weekly Wage$897
IRS Avg AGI$99,626

Employment & Poverty

Unemployment2.0%
44% below US avg
Poverty Rate2.7%
78% below US avg
Establishments (County)958
County GDP$1,529M

Business (County)

Restaurants107
Healthcare59
Retail107
Manufacturing39

Tax & Cost of Living

Property Tax (IRS)$7,645
118% above US avg
Effective Tax Rate3.62%

Commute & Transportation

Commute Time18.7 min
Work from Home3.7%

Walkability

The median home value in Milford is $211,000, 25% below the national average. Monthly rent averages $806 (31% below US avg). Zillow estimates the typical home value at $277,664.

Home Value Sources

Ownership Split

Home Values

Census Median$211,000
25% below US avg
Zillow ZHVI$277,664

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$806
31% below US avg

HUD Fair Market Rent

Studio$738
1 Bedroom$788
2 Bedrooms$989
3 Bedrooms$1,282
4 Bedrooms$1,420

Ownership & Property

Owner-Occupied69.7%

Property Tax

Avg Tax (IRS)$7,645
118% above US avg
Effective Rate3.62%
In Milford, 37.9% of adults are obese (above the 32.1% national rate). 21.2% report depression. 22.1% are physically inactive.

Health Metrics: Milford vs U.S. Average (%)

Chronic Conditions

Obesity37.9%
18% above US avg
Diabetes8.6%
Heart Disease5.0%
High Blood Pressure29.3%
Asthma10.3%
COPD5.6%
Stroke2.6%

Behaviors & Mental Health

Binge Drinking22.4%
Physical Inactivity22.1%
Depression21.2%
Mental Distress17.2%
Physical Distress11.3%

Healthcare Access

Insurance Rate95.7%
Checkup Rate74.6%
Premature Death4,872/100K

Food & Exercise

Food Environment9.2/10
Exercise Access79.7%
Healthcare Facilities59

Crime Rates: Milford vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)1

Safety Score

Milford has an average annual temperature of 46°F (8°C). Winters average 16°F in January while summers reach 73°F in July. Annual precipitation is 29.5 inches. Air quality is rated Good with a median AQI of 43.

Temperature

16°F Jan (-9°C) 73°F Jul (23°C)
Annual Average46.0°F
15% below US avg
January Average16°F (-9°C)
July Average73°F (23°C)

Precipitation & Snow

Annual Rainfall29.5 inches
22% below US avg
Snowfall38.0 inches/yr

Air Quality

AQI Median43.0
RatingGood

Geography

Elevation1,443 ft (440 m)
Area2.2 sq mi (5.6 km²)
Population Density1,542/sq mi
Coordinates43.3417°N, 95.1457°W
County FIPS19059
It is classified as Nonmetro — Urban 2.5K–20K. 24.1% of residents hold a bachelor's degree or higher (28% below US avg). In the 2024 election, the county voted Republican by a 40-point margin.

2024 Presidential Election (County)

R 69.5%
D 29.5%

Winner: Republican by 40 points

Education

Bachelor's Degree+24.1%
28% below US avg
High School+96.2%
School Test Score5.73
C+ Education Grade (2.9/5.0)

Urban-Rural Classification

RUCC Code 7Nonmetro — Urban 2.5K–20K
Population Density1,542/sq mi
Total Area2.2 sq mi

Infrastructure & Services

Alt Fuel Stations1
Public Libraries5
Healthcare Facilities59
Restaurants107
Retail Stores107

Safety & Disasters

Fatal Crashes (County/yr)1

Commute & Transportation

Avg Commute18.7 min
Work from Home3.7%

Nearby Cities

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