Median Income
$80,997
8% higher than US avg
Home Value
$225,200
20% lower than US avg
Bachelor's+
28.0%
17% lower than US avg
Median Rent
$892
23% lower than US avg
Obesity Rate
36.1%
12% higher than US avg
Unemployment
0.2%
94% lower than US avg
Poverty Rate
3.6%
71% lower than US avg
How Milford Compares to the U.S. Average (100% = U.S. avg)
People
Population2,656
Median Age31.3 yrs
Density3,362/mi²
Male / Female54% / 47%
Largest GroupWhite 94%
Economy
A+
Median Income$80,997
Per Capita$34,662
Unemployment0.2%
Poverty3.6%
County GDP$1,090M
Commute20 min
Housing
A+
Home Value$225,200
Rent$892
OwnershipN/A
Zillow$300,872
Health
Obesity36.1%
UninsuredN/A
Depression19.4%
Heart Disease5.1%
Climate
Avg Temp50°F
AQI32 (Good)
Rain28.7 in/yr
Elevation1,468 ft
Education
B
Bachelor's+28.0%
High School+93.7%
School Score5.81
Community
2024 VoteR 73% / D 26%
Commute20 min
Libraries3
Is Milford a Good Place to Live?
Based on current data, Milford receives an overall livability score of 4.3 out of 5.0, earning a grade of A. Key strengths include low unemployment, affordable housing, a low poverty rate, high health insurance coverage. Milford stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
Economy & Jobs
The median household income in Milford is $80,997, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 0.2%. Only 3.6% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 20 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Milford is $225,200, 20% below the national median — offering relatively affordable homeownership. Renters pay a median of $892 per month, below the national average — a plus for affordability. At just 2.8x median income, home prices are very affordable relative to local earnings.
Education
28.0% of residents hold a bachelor's degree, below the national average of 33.7%. 93.7% have completed high school. Area schools have an average test score of 5.8/10.
Climate & Weather
Milford experiences four distinct seasons with an average temperature of 50°F. Winters average 23°F in January while summers reach 75°F in July. Annual precipitation totals 28.7 inches, including 21.5 inches of snow. Air quality is rated Good with a median AQI of 32.
Milford has a population of 2,656 with a density of 3,362 people per square mile. The median age is 31.3 years, 20% younger than the national median of 38.9. The city is predominantly White (94.3%), with 1.3% Hispanic, 1.6% Black.
Population
31.3yrs
Median Age
20% below US avg
Language Spoken at Home
| English Only | 95.5% |
| 22% above US avg |
| Spanish | 4.5% |
| 66% below US avg |
The median household income in Milford is $80,997, which is 8% above the national average of $75,149. The unemployment rate is 0.2% (below the 3.6% US average). 3.6% of residents live below the poverty line. Workers commute an average of 20 minutes.
Income
| Median HH Income | $80,997 |
| 8% above US avg |
| Per Capita Income | $34,662 |
| Avg Weekly Wage | $995 |
| IRS Avg AGI | $87,858 |
Employment & Poverty
| Unemployment | 0.2% |
| 94% below US avg |
| Poverty Rate | 3.6% |
| 71% below US avg |
| Establishments (County) | 516 |
| County GDP | $1,090M |
Business (County)
| Restaurants | 40 |
| Healthcare | 40 |
| Retail | 46 |
| Manufacturing | 20 |
Tax & Cost of Living
| Property Tax (IRS) | $5,158 |
| 47% above US avg |
| Effective Tax Rate | 2.29% |
Commute & Transportation
| Commute Time | 19.7 min |
| Work from Home | 6.5% |
The median home value in Milford is $225,200, 20% below the national average. Monthly rent averages $892 (23% below US avg). Zillow estimates the typical home value at $300,872.
Home Values
| Census Median | $225,200 |
| 20% below US avg |
| Zillow ZHVI | $300,872 |
| Median List Price | $275,000 |
Real Estate Market (Redfin)
| Median List Price | $275,000 |
| $/Sq Ft | $108 |
| Homes Sold | 1 |
| Sale-to-List Ratio | 102.9% |
| Price Drops | 0.0% |
Rental Costs
| Census Median Rent | $892 |
| 23% below US avg |
HUD Fair Market Rent
| Studio | $706 |
| 1 Bedroom | $791 |
| 2 Bedrooms | $1,001 |
| 3 Bedrooms | $1,274 |
| 4 Bedrooms | $1,409 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $5,158 |
| 47% above US avg |
| Effective Rate | 2.29% |
In Milford, 36.1% of adults are obese (above the 32.1% national rate). 19.4% report depression. 24.0% are physically inactive.
Health Metrics: Milford vs U.S. Average (%)
Chronic Conditions
| Obesity | 36.1% |
| 12% above US avg |
| Diabetes | 8.6% |
| Heart Disease | 5.1% |
| High Blood Pressure | 29.5% |
| Asthma | 9.4% |
| COPD | 5.6% |
| Stroke | 2.7% |
Behaviors & Mental Health
| |
| Binge Drinking | 22.5% |
| Physical Inactivity | 24.0% |
| Depression | 19.4% |
| Mental Distress | 15.0% |
| Physical Distress | 11.3% |
Healthcare Access
| Insurance Rate | 95.5% |
| |
| Checkup Rate | 71.9% |
| Premature Death | 5,490/100K |
Food & Exercise
| Food Environment | 8.2/10 |
| Exercise Access | 62.6% |
| Healthcare Facilities | 40 |
Crime Rates: Milford vs U.S. Average (per 100,000)
Traffic Safety
| Fatal Crashes (County/yr) | 6 |
Safety Score
Milford has an average annual temperature of 50°F (10°C). Winters average 23°F in January while summers reach 75°F in July. Annual precipitation is 28.7 inches. Air quality is rated Good with a median AQI of 32.
Temperature
23°F Jan (-5°C)
75°F Jul (24°C)
| Annual Average | 50.0°F |
| 7% below US avg |
| January Average | 23°F (-5°C) |
| July Average | 75°F (24°C) |
Precipitation & Snow
| Annual Rainfall | 28.7 inches |
| 25% below US avg |
| Snowfall | 21.5 inches/yr |
Air Quality
| AQI Median | 32.0 |
| Rating | Good |
Geography
| Elevation | 1,468 ft (447 m) |
| Area | 0.8 sq mi (2.0 km²) |
| Population Density | 3,362/sq mi |
| Coordinates | 40.7726°N, 97.0541°W |
| County FIPS | 31159 |