Last updated: 2024 BLS data · Page refreshed:
Milford has a population of 475 with a median age of 47.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 475 |
| Median Age | 47.3 |
| White | 84.8% |
| Black or African American | 1.1% |
| Asian | 10.1% |
| Hispanic or Latino | 4.0% |
The median household income in Milford is $64,167, which is 20.4% below the national median of $80,610. The per capita income is $37,008. The poverty rate is 6.7%.
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In Milford, 95.4% of residents age 25+ have a high school diploma or higher, and 24.6% hold a bachelor's degree or higher (14.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.4% |
| Bachelor's Degree or Higher | 24.6% |
| Graduate or Professional Degree | 14.2% |
The median home value in Milford is $152,500, below the national median of $303,400. The median monthly rent is $850. The homeownership rate is 68.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $152,500 |
| Median Monthly Rent | $850 |
| Homeownership Rate | 68.6% |
| Vacancy Rate | 21.7% |
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