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Milford, ME
Full City Profile · Maine · Hancock County County
3.1
/5.0
B
Good
2,312
Population
692/sq mi density
$63,864
Median Income
$32,557 per capita
$177,400
Home Value
$212,369 Zillow
$964
Median Rent
23.7% income on rent
43°F
Avg Temperature
251 sunny days/yr
37
Violent Crime/100K
1,199 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$63,864 median income, 1.6% unemployment
A+
Affordability
5.0 / 5.0
$177,400 home value, $964/mo rent
F
Safety
1.0 / 5.0
37 violent crimes/100K
D
Education
2.0 / 5.0
12.4% bachelor's degree or higher
Income Overview
Median Household Income
$63,864
15% below
US avg: $75,149
Per Capita Income
$32,557
17% below
US avg: $39,052
Unemployment Rate
1.6%
56% below
US avg: 3.6%
Poverty Rate
5.1%
59% 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
$63,864
85%
Per Capita
US: $39,052
$32,557
83%
IRS Avg AGI
US: $72,000
$72,602
101%
Avg Weekly Wage
US: $1,432
$1,034
72%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,034
28% below US avg ($1,432)
Mean Commute Time
22 min
22% below US avg (28 min)
Work From Home
9.6%
37% below US avg (15.2%)
Drive Alone
79.5%
9% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$3,681M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79.5%
Public Transit
0%
Work From Home
9.6%
Other
10.9%
Average commute time
22 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,980
Restaurants
352
Healthcare
168
Retail
342
Manufacturing
85
Tax & Financial
IRS Avg Adjusted Gross Income
$72,602
1% above US avg ($72,000)
Avg Property Tax
$6,825
95% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $63,864 |
| Per Capita Income | $32,557 |
| IRS Avg Adjusted Gross Income | $72,602 |
| Avg Weekly Wage | $1,034 |
| County GDP | $3,681M |
Hardship Indicators
| Unemployment Rate | 1.6% |
| Poverty Rate | 5.1% |
| Gini Coefficient | 0.451 |
| Cost of Living Index | 97.1 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 79.5% |
| Public Transit | 0.0% |
| Work From Home | 9.6% |
Businesses
| Total Establishments | 2,980 |
| Restaurants | 352 |
| Healthcare | 168 |
| Retail | 342 |
| Manufacturing | 85 |
Tax
| IRS Avg AGI | $72,602 |
| Avg Property Tax | $6,825 |