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Milford, IN
Full City Profile · Indiana · Decatur County County
Milford, IN
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 $52,014 , which is 31% below the national average of $75,149. Per capita income is $25,697. The unemployment rate stands at 0.5% (86% below the U.S. rate of 3.6%). 1.6% of residents live below the poverty line. The area is home to 707 business establishments, including 57 restaurants.
Housing & Cost of Living
The median home value in Milford is $135,300 , 52% below the national median of $281,900. Zillow estimates the typical home at $269,631. Median rent is $1,038/month, with 20.8% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1955.
Safety & Crime
Milford reports 263 violent crimes per 100,000 residents , which is 31% below the national average of 380/100K. Property crime is 644/100K.
Education
7.0% of adults in Milford hold a bachelor's degree or higher (79% below the national average). 77.8% have completed high school. Local schools score 6.3/10 in standardized testing.
Climate & Weather
Milford has an average annual temperature of 54°F (12°C). Winters average 30°F in January while summers reach 76°F in July. The area gets 293 sunny days per year. Annual precipitation totals 47.3 inches. Air quality is rated Good with a median AQI of 41.