Last updated: 2024 BLS data · Page refreshed:
Milford has a population of 27,731 with a median age of 38.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 27,731 |
| Median Age | 38.5 |
| White | 60.4% |
| Black or African American | 4.1% |
| Asian | 3.1% |
| Hispanic or Latino | 18.9% |
| Other / Two or More Races | 13.5% |
The median household income in Milford is $93,310, which is 15.8% above the national median of $80,610. The per capita income is $42,167. The poverty rate is 8.4%.
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In Milford, 86.6% of residents age 25+ have a high school diploma or higher, and 32.6% hold a bachelor's degree or higher (11.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 86.6% |
| Bachelor's Degree or Higher | 32.6% |
| Graduate or Professional Degree | 11.6% |
The median home value in Milford is $464,700, above the national median of $303,400. The median monthly rent is $1,889. The homeownership rate is 62.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $464,700 |
| Median Monthly Rent | $1,889 |
| Homeownership Rate | 62.2% |
| Vacancy Rate | 3.5% |
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