Last updated: 2024 BLS data · Page refreshed:
Milford has a population of 337 with a median age of 37.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 337 |
| Median Age | 37.7 |
| White | 86.6% |
| Asian | 0.6% |
| Hispanic or Latino | 5.3% |
| Other / Two or More Races | 7.5% |
The median household income in Milford is $79,250, which is 1.7% below the national median of $80,610. The per capita income is $38,347. The poverty rate is 11.9%.
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In Milford, 84.7% of residents age 25+ have a high school diploma or higher, and 11.7% hold a bachelor's degree or higher (4.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 84.7% |
| Bachelor's Degree or Higher | 11.7% |
| Graduate or Professional Degree | 4.1% |
The median home value in Milford is $172,500, below the national median of $303,400. The median monthly rent is $1,016. The homeownership rate is 59.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $172,500 |
| Median Monthly Rent | $1,016 |
| Homeownership Rate | 59.1% |
| Vacancy Rate | 26.7% |
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