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Milford, IA
Full City Profile · Iowa · Dickinson County County
3.2
/5.0
B
Good
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
32.0% income on rent
46°F
Avg Temperature
291 sunny days/yr
121
Violent Crime/100K
2,111 property/100K
B
Overall
3.2 / 5.0
Good 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
F
Safety
1.0 / 5.0
121 violent crimes/100K
C+
Education
2.9 / 5.0
24.1% bachelor's degree or higher
Housing Overview
Median Home Value
$211,000
25% below
US avg: $281,900
Median Rent
$806/mo
31% below
US avg: $1,163/mo
Homeownership Rate
69.7%
7% above US avg (65.4%)
Total Housing Units
1,560
Median year built: 1981
Home Value by Source
Census Median
$211,000
Zillow (ZHVI)
$277,664
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
69.7%
Owner-Occupied
30.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Census median rent:
$806/mo
Affordability & Housing Stock
Rent Burden
32.0%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
69.7%
Complete Housing Data
Home Values
| Census Median Value | $211,000 |
| Zillow Home Value (ZHVI) | $277,664 |
Rent
| Census Median Rent | $806 |
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 69.7% |
| Renter-Occupied | 30.3% |
| Homeownership Rate | 69.7% |
| Total Housing Units | 1,560 |
| Median Year Built | 1981 |
| Rent Burden | 32.0% |