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Milford, Texas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
966
Population
$30,850
Median Income
$160,200
Home Value
32.0
Median Age

Demographics

Milford has a population of 966 with a median age of 32.0. Here is the racial and ethnic breakdown of the population:

White
69.4%
Hispanic
24.6%
Black
23.0%
Demographic Value
Total Population966
Median Age32.0
White69.4%
Black or African American23.0%
Hispanic or Latino24.6%
Milford, Texas — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 117.White: 59.3%Hispanic/Latino: 21.0%Black: 19.7%966PopulationWhiteWhite59.3%Hispanic/LatinoHispanic/Latino21.0%BlackBlack19.7%

Income & Economy

The median household income in Milford is $30,850, which is 61.7% below the national median of $80,610. The per capita income is $24,218. The poverty rate is 25.4%.

$30,850
Median Household Income
$24,218
Per Capita Income
25.4%
Poverty Rate

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Education

In Milford, 81.2% of residents age 25+ have a high school diploma or higher, and 8.8% hold a bachelor's degree or higher (3.2% with a graduate or professional degree).

HS Diploma+
81.2%
Bachelor's+
8.8%
Graduate+
3.2%
Education Level % of Adults (25+)
High School Diploma or Higher81.2%
Bachelor's Degree or Higher8.8%
Graduate or Professional Degree3.2%

Housing

The median home value in Milford is $160,200, below the national median of $303,400. The median monthly rent is $924. The homeownership rate is 52.7%.

$160,200
Median Home Value
$924/mo
Median Rent
52.7%
Homeownership Rate
Housing Metric Value
Median Home Value$160,200
Median Monthly Rent$924
Homeownership Rate52.7%
Vacancy Rate11.3%

Salaries in Texas

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Frequently Asked Questions

What is the population of Milford, Texas?
The population of Milford, Texas is 966 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Milford, Texas?
The median household income in Milford, Texas is $30,850. This is 61.7% below the national median of $80,610.
What is the median home value in Milford, Texas?
The median home value in Milford, Texas is $160,200. The median monthly rent is $924.
What percentage of people in Milford have a college degree?
In Milford, Texas, 8.8% of adults age 25 and older hold a bachelor's degree or higher, and 81.2% have a high school diploma or higher.
Is Milford, Texas an affordable place to live?
The home price-to-income ratio in Milford, Texas is 5.2x (median home value $160,200 vs. median income $30,850), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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