All Countries
Milford, IN
Full City Profile · Indiana · Decatur County County
2.9
/5.0
C+
Fair
1,955
Population
16,292/sq mi density
$52,014
Median Income
$25,697 per capita
$135,300
Home Value
$269,631 Zillow
$1,038
Median Rent
20.8% income on rent
54°F
Avg Temperature
293 sunny days/yr
263
Violent Crime/100K
644 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$52,014 median income, 0.5% unemployment
A+
Affordability
5.0 / 5.0
$135,300 home value, $1,038/mo rent
F
Safety
1.0 / 5.0
263 violent crimes/100K
D
Education
1.6 / 5.0
7.0% bachelor's degree or higher
Income Overview
Median Household Income
$52,014
31% below
US avg: $75,149
Per Capita Income
$25,697
34% below
US avg: $39,052
Unemployment Rate
0.5%
86% below
US avg: 3.6%
Poverty Rate
1.6%
87% below
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
$52,014
69%
Per Capita
US: $39,052
$25,697
66%
IRS Avg AGI
US: $72,000
$63,563
88%
Avg Weekly Wage
US: $1,432
$1,117
78%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,117
22% below US avg ($1,432)
Mean Commute Time
25 min
9% below US avg (28 min)
Work From Home
0.4%
97% below US avg (15.2%)
Drive Alone
0.0%
100% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,895M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
0%
Public Transit
0%
Work From Home
0.4%
Other
99.6%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
707
Restaurants
57
Healthcare
69
Retail
113
Manufacturing
47
Tax & Financial
IRS Avg Adjusted Gross Income
$63,563
12% below US avg ($72,000)
Avg Property Tax
$2,903
17% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $52,014 |
| Per Capita Income | $25,697 |
| IRS Avg Adjusted Gross Income | $63,563 |
| Avg Weekly Wage | $1,117 |
| County GDP | $1,895M |
Hardship Indicators
| Unemployment Rate | 0.5% |
| Poverty Rate | 1.6% |
| Gini Coefficient | 0.417 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 0.0% |
| Public Transit | 0.0% |
| Work From Home | 0.4% |
Businesses
| Total Establishments | 707 |
| Restaurants | 57 |
| Healthcare | 69 |
| Retail | 113 |
| Manufacturing | 47 |
Tax
| IRS Avg AGI | $63,563 |
| Avg Property Tax | $2,903 |