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Milford, IL
Full City Profile · Illinois · Iroquois County County
Milford, IL
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 $45,000 , which is 40% below the national average of $75,149. Per capita income is $24,122. The unemployment rate stands at 2.7% (25% below the U.S. rate of 3.6%). 19.5% of residents live below the poverty line. The area is home to 675 business establishments, including 59 restaurants.
Housing & Cost of Living
The median home value in Milford is $65,300 , 77% below the national median of $281,900. Zillow estimates the typical home at $118,141. Median rent is $714/month, with 27.3% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1955.
Safety & Crime
Milford reports 176 violent crimes per 100,000 residents , which is 54% below the national average of 380/100K. Property crime is 3,347/100K.
Education
18.0% of adults in Milford hold a bachelor's degree or higher (47% below the national average). 79.9% have completed high school. Local schools score 5.9/10 in standardized testing.
Climate & Weather
Milford has an average annual temperature of 51°F (10°C). Winters average 24°F in January while summers reach 74°F in July. The area gets 275 sunny days per year. Annual precipitation totals 38.4 inches. Air quality is rated Good with a median AQI of 43.