Last updated: 2024 BLS data · Page refreshed:
Milford has a population of 8,956 with a median age of 36.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 8,956 |
| Median Age | 36.7 |
| White | 89.9% |
| Black or African American | 0.9% |
| Asian | 1.9% |
| Hispanic or Latino | 3.3% |
| Other / Two or More Races | 4.0% |
The median household income in Milford is $78,684, which is 2.4% below the national median of $80,610. The per capita income is $43,472. The poverty rate is 5.9%.
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In Milford, 94.5% of residents age 25+ have a high school diploma or higher, and 33.6% hold a bachelor's degree or higher (11.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.5% |
| Bachelor's Degree or Higher | 33.6% |
| Graduate or Professional Degree | 11.5% |
The median home value in Milford is $357,800, above the national median of $303,400. The median monthly rent is $1,557. The homeownership rate is 59.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $357,800 |
| Median Monthly Rent | $1,557 |
| Homeownership Rate | 59.4% |
| Vacancy Rate | 2.2% |
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