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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
Housing Overview
Median Home Value
$135,300
52% below
US avg: $281,900
Median Rent
$1,038/mo
11% below
US avg: $1,163/mo
Homeownership Rate
81.5%
25% above US avg (65.4%)
Total Housing Units
39
Median year built: 1955
Home Value by Source
Census Median
$135,300
Zillow (ZHVI)
$269,631
Median Sale Price
$182,371
Median List Price
$267,400
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.5%
Owner-Occupied
18.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,038/mo
Market Indicators (Redfin)
Median Days on Market
39 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$151
Active Inventory
8
homes for sale
Affordability & Housing Stock
Rent Burden
20.8%
of renters spending 30%+ of income on housing
33% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
81.5%
Complete Housing Data
Home Values
| Census Median Value | $135,300 |
| Zillow Home Value (ZHVI) | $269,631 |
| Median Sale Price | $182,371 |
| Median List Price | $267,400 |
| Price Per Sq Ft | $151 |
Rent
| Census Median Rent | $1,038 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 39 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 3 |
| Active Inventory | 8 |
| Price Per Sq Ft | $151 |
Ownership & Stock
| Owner-Occupied | 81.5% |
| Renter-Occupied | 18.5% |
| Homeownership Rate | 81.5% |
| Total Housing Units | 39 |
| Median Year Built | 1955 |
| Rent Burden | 20.8% |