Last updated: 2024 BLS data · Page refreshed:
Milford has a population of 1,052 with a median age of 41.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,052 |
| Median Age | 41.8 |
| White | 94.3% |
| Black or African American | 0.9% |
| Hispanic or Latino | 4.0% |
| Other / Two or More Races | 0.8% |
The median household income in Milford is $46,827, which is 41.9% below the national median of $80,610. The per capita income is $26,917. The poverty rate is 26.8%.
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In Milford, 81.4% of residents age 25+ have a high school diploma or higher, and 22.4% hold a bachelor's degree or higher (4.4% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 81.4% |
| Bachelor's Degree or Higher | 22.4% |
| Graduate or Professional Degree | 4.4% |
The median home value in Milford is $74,600, below the national median of $303,400. The median monthly rent is $716. The homeownership rate is 79.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $74,600 |
| Median Monthly Rent | $716 |
| Homeownership Rate | 79.1% |
| Vacancy Rate | 12.3% |
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