All Countries
Milford, IL
Full City Profile · Illinois · Iroquois County County
2.9
/5.0
C+
Fair
1,136
Population
1,696/sq mi density
$45,000
Median Income
$24,122 per capita
$65,300
Home Value
$118,141 Zillow
$714
Median Rent
27.3% income on rent
51°F
Avg Temperature
275 sunny days/yr
176
Violent Crime/100K
3,347 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$45,000 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$65,300 home value, $714/mo rent
F
Safety
1.0 / 5.0
176 violent crimes/100K
C
Education
2.4 / 5.0
18.0% bachelor's degree or higher
Income Overview
Median Household Income
$45,000
40% below
US avg: $75,149
Per Capita Income
$24,122
38% below
US avg: $39,052
Unemployment Rate
2.7%
25% below
US avg: 3.6%
Poverty Rate
19.5%
57% above
US avg: 12.4%
Income Comparison: Milford vs. U.S. Average
Each bar shows Milford’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$45,000
60%
Per Capita
US: $39,052
$24,122
62%
IRS Avg AGI
US: $72,000
$68,388
95%
Avg Weekly Wage
US: $1,432
$963
67%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$963
33% below US avg ($1,432)
Mean Commute Time
23 min
17% below US avg (28 min)
Work From Home
1.3%
91% below US avg (15.2%)
Drive Alone
86.5%
18% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,425M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
86.5%
Public Transit
0%
Work From Home
1.3%
Other
12.2%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
675
Restaurants
59
Healthcare
69
Retail
70
Manufacturing
28
Tax & Financial
IRS Avg Adjusted Gross Income
$68,388
5% below US avg ($72,000)
Avg Property Tax
$4,558
30% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $45,000 |
| Per Capita Income | $24,122 |
| IRS Avg Adjusted Gross Income | $68,388 |
| Avg Weekly Wage | $963 |
| County GDP | $1,425M |
Hardship Indicators
| Unemployment Rate | 2.7% |
| Poverty Rate | 19.5% |
| Gini Coefficient | 0.432 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 86.5% |
| Public Transit | 0.0% |
| Work From Home | 1.3% |
Businesses
| Total Establishments | 675 |
| Restaurants | 59 |
| Healthcare | 69 |
| Retail | 70 |
| Manufacturing | 28 |
Tax
| IRS Avg AGI | $68,388 |
| Avg Property Tax | $4,558 |