Milford, MA
Maps & Population Facts

Population
28,630
Population Density
1,941
Labor Participaton
72.9%
Bachelor's or Higher
36.6%
Median Household Income
$75,854
Median Individual Income
$42,822
Median Individual Income(Full-time Workers Only)
$54,696

Housing Estimates

Median House Value
$292,600
Median Gross Rent
$1,119
Median Mortgage Payment
$1,901
Housing Units
11,638
People who reside in Milford live in:
Detached - Single Family Homes
55%
Apt, Condo, Other
45%
Analysis

Income

Households in Milford earn significantly more money than the national median income, averaging 26% higher per household.

Housing

Milford has a median house price of $292,600. The cost of homeownership is higher than most areas. The cost of renting in Milford is 11% more than the national average.

Percent
Renter Occupied Households 38%
New Construction (Built after 2000) 9%

Demographics

The median age in Milford is 40. The age of the general population in Milford is comparable with with the national average.

Milford ranks better than average for having an educated population with more college graduates per resident than most areas.

Housing Data

Housing Comparison
Milford Massachusetts USA
Median Property Value 292,600 385,400 217,600
Median Mortgage Payment 1,901 2,108 1,513
Median Gross Rent 1,119 1,208 1,012
Property Vacancy 4.9% 10.0% 12.6%
% Renters 31% 38% 36%
Residents per Sq. Mi. 1,941 885 93
Personal Comparison
Milford Massachusetts USA
Median Household Income 75,854 77,385 60,336
Median Individual Income 42,822 41,700 33,646
Median Income (Full-Time) 54,696 60,923 46,881
Median Age 39.7 39.5 38.1
Labor Participation 72.9% 67.8% 62.8%
Attained College Degree 36.6% 43.4% 32.0%

Population Density Analysis

Milford, MA
1,941
Residents per Sq. Mile
The population density of Milford is comparable to that of a Suburban Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +

Demographics