At a Glance
Median Income
$81,042
$45,071 per capita
Home Value
$337,900
Zillow: $496,146
Median Rent
$1,388/mo
26.0% of income on rent
Violent Crime
68/100K
484/100K property
Bachelor's Degree+
30.7%
95.0% high school+
Unemployment
2.0%
1.2% poverty rate
Obesity Rate
33.5%
11.8% smoking rate
Avg Temperature
48°F
246 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
3.3 / 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 $81,042 , which is 8% above the national average of $75,149.
Per capita income is $45,071. The unemployment rate stands at 2.0% (44% below the U.S. rate of 3.6%). 1.2% of residents live below the poverty line. The area is home to 12,730 business establishments, including 943 restaurants.
Housing & Cost of Living
The median home value in Milford is $337,900 , 20% above the national median of $281,900.
Zillow estimates the typical home at $496,146. Median rent is $1,388/month, with 26.0% of renters spending more than 30% of income on housing. The cost of living index is 104.2 (100 = national average). The median home was built in 1975.
Safety & Crime
Milford reports 68 violent crimes per 100,000 residents
, which is 82% below the national average of 380/100K.
Property crime is 484/100K. The murder rate is 0.0/100K.
Education
30.7% of adults in Milford hold a bachelor's degree or higher
(9% below the national average).
95.0% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Milford has an average annual temperature of 48°F (9°C).
Winters average 24°F in January while summers reach 72°F in July. The area gets 246 sunny days per year. Annual precipitation totals 46.0 inches. Air quality is rated Good with a median AQI of 37.
Data Overview
People
Population8,857
Median Age38.9 yrs
Density1,559/mi²
Male / Female47% / 53%
Foreign Born13.6%
Veterans7.0%
Economy
A+
Median Income$81,042
Per Capita$45,071
Unemployment2.0%
Poverty1.2%
County GDP$38,133M
Avg Weekly Wage$1,532
Housing
A
Home Value$337,900
Rent$1,388
Ownership60.9%
Zillow$496,146
Housing Units3,874
Rent Burden26.0%
Crime
F
Violent68/100K
Property484/100K
Murder0.0/100K
Assault25/100K
Burglary31/100K
Health
Obesity33.5%
Diabetes7.7%
Smoking11.8%
Heart Disease4.7%
Premature Death6,909/100K
Climate
Avg Temp48°F
Sunny Days246/yr
Rain46.0 in/yr
AQI37 (Good)
Elevation295 ft
Education
B
Bachelor's+30.7%
High School+95.0%
Graduate+13.5%
School Score6.2/10
Community
2024 VoteR 48% / D 51%
Commute28 min
Broadband94.8%
Internet Speed148 Mbps
EV Stations1
Libraries30
Did You Know?
The median home in Milford was built in 1975.
The nearest airport is Manchester Boston Regional (14 miles).
The Gini coefficient (income inequality) is 0.430 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
14.9% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 148 Mbps.
There are 943 restaurants in the area.
The county recorded 29 fatal vehicle crashes.
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