Last updated: 2024 BLS data · Page refreshed:
Milford has a population of 1,547 with a median age of 29.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,547 |
| Median Age | 29.4 |
| White | 86.0% |
| Black or African American | 0.1% |
| Hispanic or Latino | 18.0% |
The median household income in Milford is $82,368, which is 2.2% above the national median of $80,610. The per capita income is $33,382. The poverty rate is 2.3%.
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In Milford, 97.1% of residents age 25+ have a high school diploma or higher, and 26.6% hold a bachelor's degree or higher (5.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.1% |
| Bachelor's Degree or Higher | 26.6% |
| Graduate or Professional Degree | 5.1% |
The median home value in Milford is $256,600, below the national median of $303,400. The median monthly rent is $1,007. The homeownership rate is 68.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $256,600 |
| Median Monthly Rent | $1,007 |
| Homeownership Rate | 68.5% |
| Vacancy Rate | 16.5% |
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