Last updated: 2024 BLS data · Page refreshed:
Milford has a population of 1,661 with a median age of 43.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,661 |
| Median Age | 43.0 |
| White | 85.9% |
| Asian | 1.0% |
| Hispanic or Latino | 18.1% |
The median household income in Milford is $51,667, which is 35.9% below the national median of $80,610. The per capita income is $30,234. The poverty rate is 9.4%.
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In Milford, 78.0% of residents age 25+ have a high school diploma or higher, and 8.9% hold a bachelor's degree or higher (2.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 78.0% |
| Bachelor's Degree or Higher | 8.9% |
| Graduate or Professional Degree | 2.5% |
The median home value in Milford is $159,700, below the national median of $303,400. The median monthly rent is $1,029. The homeownership rate is 76.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $159,700 |
| Median Monthly Rent | $1,029 |
| Homeownership Rate | 76.3% |
| Vacancy Rate | 1.7% |
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