At a Glance
Median Income
$75,536
$43,395 per capita
Home Value
$361,000
Zillow: $357,786
Median Rent
$1,504/mo
27.4% of income on rent
Violent Crime
0/100K
1,056/100K property
Bachelor's Degree+
39.5%
93.3% high school+
Unemployment
1.6%
0.0% poverty rate
Obesity Rate
36.2%
26.9% smoking rate
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+
3.8 / 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 $75,536 , which is 1% above the national average of $75,149.
Per capita income is $43,395. The unemployment rate stands at 1.6% (56% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 3,624 business establishments, including 285 restaurants.
Housing & Cost of Living
The median home value in Milford is $361,000 , 28% above the national median of $281,900.
Zillow estimates the typical home at $357,786. Median rent is $1,504/month, with 27.4% of renters spending more than 30% of income on housing. The cost of living index is 97.6 (100 = national average). The median home was built in 1960.
Safety & Crime
Milford reports 0 violent crimes per 100,000 residents
, which is 100% below the national average of 380/100K.
Property crime is 1,056/100K.
Education
39.5% of adults in Milford hold a bachelor's degree or higher
(17% above the national average).
93.3% have completed high school. Local schools score 5.9/10 in standardized testing.
Climate & Weather
Milford has an average annual temperature of 48°F (9°C).
Winters average 25°F in January while summers reach 70°F in July. Annual precipitation totals 47.3 inches.
Data Overview
People
Population1,275
Median Age33.2 yrs
Density2,713/mi²
Male / Female41% / 59%
Foreign Born7.1%
Veterans5.7%
Economy
A+
Median Income$75,536
Per Capita$43,395
Unemployment1.6%
Poverty0.0%
County GDP$6,729M
Avg Weekly Wage$1,129
Housing
B+
Home Value$361,000
Rent$1,504
Ownership35.7%
Zillow$357,786
Housing Units640
Rent Burden27.4%
Crime
C+
Violent0/100K
Property1,056/100K
Health
Obesity36.2%
Diabetes10.6%
Smoking26.9%
Heart Disease6.9%
Premature Death6,516/100K
Climate
Avg Temp48°F
Rain47.3 in/yr
Elevation496 ft
Education
A
Bachelor's+39.5%
High School+93.3%
Graduate+18.9%
School Score5.9/10
Community
2024 VoteR 62% / D 37%
Commute22 min
Broadband89.0%
Internet Speed52 Mbps
EV Stations1
Libraries7
Did You Know?
Milford was founded in 1796.
The median home in Milford was built in 1960.
The nearest airport is Sullivan County International (26 miles).
The Gini coefficient (income inequality) is 0.417 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
18.2% of the population has a disability.
There are 285 restaurants in the area.
The county recorded 14 fatal vehicle crashes.