At a Glance
Median Income
$102,521
$55,208 per capita
Home Value
$348,600
Zillow: $469,885
Median Rent
$1,058/mo
24.1% of income on rent
Violent Crime
71/100K
365/100K property
Bachelor's Degree+
49.2%
96.5% high school+
Unemployment
1.7%
7.4% poverty rate
Obesity Rate
31.0%
11.5% smoking rate
Avg Temperature
48°F
260 sunny days/yr
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+
3.9 / 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 $102,521 , which is 36% above the national average of $75,149.
Per capita income is $55,208. The unemployment rate stands at 1.7% (53% below the U.S. rate of 3.6%). 7.4% of residents live below the poverty line. The area is home to 43,047 business establishments, including 3,099 restaurants.
Housing & Cost of Living
The median home value in Milford is $348,600 , 24% above the national median of $281,900.
Zillow estimates the typical home at $469,885. Median rent is $1,058/month, with 24.1% of renters spending more than 30% of income on housing. The cost of living index is 96.2 (100 = national average). The median home was built in 1976.
Safety & Crime
Milford reports 71 violent crimes per 100,000 residents
, which is 81% below the national average of 380/100K.
Property crime is 365/100K. The murder rate is 0.0/100K.
Education
49.2% of adults in Milford hold a bachelor's degree or higher
(46% above the national average).
96.5% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Milford has an average annual temperature of 48°F (9°C).
Winters average 23°F in January while summers reach 71°F in July. The area gets 260 sunny days per year. Annual precipitation totals 34.1 inches. Air quality is rated Good with a median AQI of 38.
Data Overview
People
Population6,467
Median Age42.1 yrs
Density2,640/mi²
Male / Female49% / 52%
Foreign Born13.6%
Veterans5.7%
Economy
A+
Median Income$102,521
Per Capita$55,208
Unemployment1.7%
Poverty7.4%
County GDP$143,144M
Avg Weekly Wage$1,498
Housing
A+
Home Value$348,600
Rent$1,058
Ownership75.4%
Zillow$469,885
Housing Units2,735
Rent Burden24.1%
Crime
F
Violent71/100K
Property365/100K
Murder0.0/100K
Assault35/100K
Burglary65/100K
Health
Obesity31.0%
Diabetes7.6%
Smoking11.5%
Heart Disease4.8%
Premature Death6,101/100K
Climate
Avg Temp48°F
Sunny Days260/yr
Rain34.1 in/yr
AQI38 (Good)
Elevation910 ft
Education
A+
Bachelor's+49.2%
High School+96.5%
Graduate+14.8%
School Score6.1/10
Community
2024 VoteR 44% / D 54%
Commute29 min
Broadband91.6%
Internet Speed154 Mbps
EV Stations2
Libraries40
Did You Know?
Milford was founded in 1832.
The median home in Milford was built in 1976.
18.0% work from home.
The nearest airport is Oakland County International (11 miles).
The Gini coefficient (income inequality) is 0.467 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
13.3% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 154 Mbps.
There are 3,099 restaurants in the area.
The county recorded 76 fatal vehicle crashes.
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