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Milford, MI

Full City Profile · Michigan · Oakland County County

3.9 /5.0
B+ Good
6,467 Population 2,640/sq mi density
$102,521 Median Income $55,208 per capita
$348,600 Home Value $469,885 Zillow
$1,058 Median Rent 24.1% income on rent
48°F Avg Temperature 260 sunny days/yr
71 Violent Crime/100K 365 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$102,521 median income, 1.7% unemployment
A+
Affordability
4.8 / 5.0
$348,600 home value, $1,058/mo rent
F
Safety
1.0 / 5.0
71 violent crimes/100K
A+
Education
4.9 / 5.0
49.2% bachelor's degree or higher

Income Overview

Median Household Income
$102,521
36% above
US avg: $75,149
Per Capita Income
$55,208
41% above
US avg: $39,052
Unemployment Rate
1.7%
53% below
US avg: 3.6%
Poverty Rate
7.4%
40% 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
$102,521
136%
Per Capita
US: $39,052
$55,208
141%
IRS Avg AGI
US: $72,000
$117,718
163%
Avg Weekly Wage
US: $1,432
$1,498
105%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,498
5% above US avg ($1,432)
Mean Commute Time
29 min
6% above US avg (28 min)
Work From Home
18.0%
18% above US avg (15.2%)
Drive Alone
76.1%
4% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$143,144M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 76.1%
Public Transit 0%
Work From Home 18%
Other 5.9%
Average commute time
29 minutes
US avg: 28 min

Business Landscape

Total Establishments
43,047
Restaurants
3,099
Healthcare
5,524
Retail
4,518
Manufacturing
1,635

Tax & Financial

IRS Avg Adjusted Gross Income
$117,718
63% above US avg ($72,000)
Avg Property Tax
$8,369
139% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$102,521
Per Capita Income$55,208
IRS Avg Adjusted Gross Income$117,718
Avg Weekly Wage$1,498
County GDP$143,144M

Hardship Indicators

Unemployment Rate1.7%
Poverty Rate7.4%
Gini Coefficient0.467
Cost of Living Index96.2

Commute

Mean Commute29 minutes
Drive Alone76.1%
Public Transit0.0%
Work From Home18.0%

Businesses

Total Establishments43,047
Restaurants3,099
Healthcare5,524
Retail4,518
Manufacturing1,635

Tax

IRS Avg AGI$117,718
Avg Property Tax$8,369