Last updated: 2024 BLS data · Page refreshed:
Milford has a population of 1,166 with a median age of 47.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,166 |
| Median Age | 47.0 |
| White | 92.0% |
| Black or African American | 1.8% |
| Asian | 1.5% |
| Hispanic or Latino | 4.3% |
The median household income in Milford is $71,806, which is 10.9% below the national median of $80,610. The per capita income is $43,270. The poverty rate is 8.8%.
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In Milford, 92.1% of residents age 25+ have a high school diploma or higher, and 37.2% hold a bachelor's degree or higher (12.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.1% |
| Bachelor's Degree or Higher | 37.2% |
| Graduate or Professional Degree | 12.7% |
The median home value in Milford is $333,600, above the national median of $303,400. The median monthly rent is $1,523. The homeownership rate is 71.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $333,600 |
| Median Monthly Rent | $1,523 |
| Homeownership Rate | 71.8% |
| Vacancy Rate | 8.4% |
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