At a Glance
Median Income
$63,864
$32,557 per capita
Home Value
$177,400
Zillow: $226,187
Median Rent
$964/mo
23.7% of income on rent
Bachelor's Degree+
12.4%
83.8% high school+
Unemployment
2.5%
5.1% poverty rate
Obesity Rate
39.7%
19.4% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Milford a Good Place to Live?
B+
3.7 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Milford residents earn a median household income of $63,864 , which is 15% below the national average of $75,149.
Per capita income is $32,557. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 5.1% of residents live below the poverty line. The area is home to 2,980 business establishments, including 352 restaurants.
Housing & Cost of Living
The median home value in Milford is $177,400 , 37% below the national median of $281,900.
Zillow estimates the typical home at $226,187. Median rent is $964/month, with 23.7% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1984.
Education
12.4% of adults in Milford hold a bachelor's degree or higher
(63% below the national average).
83.8% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Milford has an average annual temperature of 43°F (6°C).
Winters average 17°F in January while summers reach 68°F in July. Annual precipitation totals 44.4 inches. Air quality is rated Good with a median AQI of 37.
Data Overview
People
Population2,312
Median Age42.7 yrs
Density692/mi²
Male / Female62% / 38%
Foreign Born3.3%
Veterans2.6%
Economy
A
Median Income$63,864
Per Capita$32,557
Unemployment2.5%
Poverty5.1%
County GDP$3,681M
Avg Weekly Wage$1,034
Housing
A+
Home Value$177,400
Rent$964
Ownership85.6%
Zillow$226,187
Housing Units1,068
Rent Burden23.7%
Health
Obesity39.7%
Diabetes10.4%
Smoking19.4%
Heart Disease6.7%
Premature Death7,940/100K
Climate
Avg Temp43°F
Rain44.4 in/yr
AQI37 (Good)
Elevation120 ft
Education
D
Bachelor's+12.4%
High School+83.8%
Graduate+5.5%
School Score6.0/10
Community
2024 VoteR 43% / D 55%
Commute22 min
Broadband85.7%
Internet Speed90 Mbps
EV Stations4
Libraries22
Did You Know?
The median home in Milford was built in 1984.
The nearest airport is Bangor International (14 miles).
The Gini coefficient (income inequality) is 0.451 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
23.5% of the population has a disability.
There are 352 restaurants in the area.
The county recorded 13 fatal vehicle crashes.