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Milford, IA
Full City Profile · Iowa · Dickinson County County
Milford, IA
At a Glance
How Milford Compares to the U.S. Average
Each bar shows Milford's value as a percentage of the national average (100% = U.S. avg)
Is Milford a Good Place to Live?
Economy & Jobs
Milford residents earn a median household income of $60,571 , which is 19% below the national average of $75,149. Per capita income is $40,300. The unemployment rate stands at 2.0% (44% below the U.S. rate of 3.6%). 2.7% of residents live below the poverty line. The area is home to 958 business establishments, including 107 restaurants.
Housing & Cost of Living
The median home value in Milford is $211,000 , 25% below the national median of $281,900. Zillow estimates the typical home at $277,664. Median rent is $806/month, with 32.0% of renters spending more than 30% of income on housing. The cost of living index is 87.8 (100 = national average). The median home was built in 1981.
Safety & Crime
Milford reports 121 violent crimes per 100,000 residents , which is 68% below the national average of 380/100K. Property crime is 2,111/100K.
Education
24.1% of adults in Milford hold a bachelor's degree or higher (28% below the national average). 96.2% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Milford has an average annual temperature of 46°F (8°C). Winters average 16°F in January while summers reach 73°F in July. The area gets 291 sunny days per year. Annual precipitation totals 29.5 inches. Air quality is rated Good with a median AQI of 43.