At a Glance
Median Income
$72,907
$50,407 per capita
Home Value
$228,200
Zillow: $325,542
Median Rent
$865/mo
24.1% of income on rent
Violent Crime
174/100K
1,948/100K property
Bachelor's Degree+
38.1%
96.2% high school+
Unemployment
2.8%
2.8% poverty rate
Obesity Rate
35.3%
16.2% smoking rate
Avg Temperature
54°F
297 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+
3.6 / 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 $72,907 , which is 3% below the national average of $75,149.
Per capita income is $50,407. The unemployment rate stands at 2.8% (22% below the U.S. rate of 3.6%). 2.8% of residents live below the poverty line. The area is home to 5,080 business establishments, including 354 restaurants.
Housing & Cost of Living
The median home value in Milford is $228,200 , 19% below the national median of $281,900.
Zillow estimates the typical home at $325,542. Median rent is $865/month, with 24.1% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1963.
Safety & Crime
Milford reports 174 violent crimes per 100,000 residents
, which is 54% below the national average of 380/100K.
Property crime is 1,948/100K. The murder rate is 0.0/100K.
Education
38.1% of adults in Milford hold a bachelor's degree or higher
(13% above the national average).
96.2% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Milford has an average annual temperature of 54°F (12°C).
Winters average 30°F in January while summers reach 75°F in July. The area gets 297 sunny days per year. Air quality is rated Good with a median AQI of 43.
Data Overview
People
Population6,525
Median Age46.8 yrs
Density1,759/mi²
Male / Female46% / 54%
Foreign Born13.6%
Veterans5.8%
Economy
A
Median Income$72,907
Per Capita$50,407
Unemployment2.8%
Poverty2.8%
County GDP$10,607M
Avg Weekly Wage$1,111
Housing
A+
Home Value$228,200
Rent$865
Ownership49.6%
Zillow$325,542
Housing Units3,403
Rent Burden24.1%
Crime
F
Violent174/100K
Property1,948/100K
Murder0.0/100K
Assault44/100K
Burglary189/100K
Health
Obesity35.3%
Diabetes10.8%
Smoking16.2%
Heart Disease5.7%
Premature Death8,757/100K
Climate
Avg Temp54°F
Sunny Days297/yr
AQI43 (Good)
Elevation517 ft
Education
A
Bachelor's+38.1%
High School+96.2%
Graduate+14.1%
School Score6.4/10
Community
2024 VoteR 67% / D 32%
Commute21 min
Broadband87.1%
Internet Speed213 Mbps
EV Stations4
Libraries10
Did You Know?
Milford was founded in 1802.
The median home in Milford was built in 1963.
The nearest airport is Butler County Regional/Hogan Field (19 miles).
The Gini coefficient (income inequality) is 0.437 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
15.2% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 213 Mbps.
There are 354 restaurants in the area.
The county recorded 21 fatal vehicle crashes.
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