All Countries
Milford, NJ
Full City Profile · New Jersey · Bucks County County
4.0
/5.0
A
Great
1,306
Population
1,107/sq mi density
$88,295
Median Income
$43,878 per capita
$304,100
Home Value
$507,686 Zillow
$1,476
Median Rent
28.3% income on rent
52°F
Avg Temperature
271 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A
Economy
4.4 / 5.0
$88,295 median income, 4.5% unemployment
A+
Affordability
4.7 / 5.0
$304,100 home value, $1,476/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.2 / 5.0
39.7% bachelor's degree or higher
Income Overview
Median Household Income
$88,295
17% above
US avg: $75,149
Per Capita Income
$43,878
12% above
US avg: $39,052
Unemployment Rate
4.5%
25% above
US avg: 3.6%
Poverty Rate
4.7%
62% 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
$88,295
117%
Per Capita
US: $39,052
$43,878
112%
IRS Avg AGI
US: $72,000
$121,435
169%
Avg Weekly Wage
US: $1,432
$1,249
87%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,249
13% below US avg ($1,432)
Mean Commute Time
34 min
23% above US avg (28 min)
Work From Home
17.6%
16% above US avg (15.2%)
Drive Alone
69.1%
6% below US avg (73.2%)
Public Transit
1.9%
62% below US avg (5.0%)
County GDP
$48,827M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
69.1%
Public Transit
1.9%
Work From Home
17.6%
Other
11.4%
Average commute time
34 minutes
US avg: 28 min
Business Landscape
Total Establishments
21,271
Restaurants
1,489
Healthcare
2,160
Retail
2,224
Manufacturing
943
Tax & Financial
IRS Avg Adjusted Gross Income
$121,435
69% above US avg ($72,000)
Avg Property Tax
$8,754
150% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $88,295 |
| Per Capita Income | $43,878 |
| IRS Avg Adjusted Gross Income | $121,435 |
| Avg Weekly Wage | $1,249 |
| County GDP | $48,827M |
Hardship Indicators
| Unemployment Rate | 4.5% |
| Poverty Rate | 4.7% |
| Gini Coefficient | 0.445 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 34 minutes |
| Drive Alone | 69.1% |
| Public Transit | 1.9% |
| Work From Home | 17.6% |
Businesses
| Total Establishments | 21,271 |
| Restaurants | 1,489 |
| Healthcare | 2,160 |
| Retail | 2,224 |
| Manufacturing | 943 |
Tax
| IRS Avg AGI | $121,435 |
| Avg Property Tax | $8,754 |