Median Household Income
$51,667 ± $22,916
Median Home Value
$159,700 ± $25,057
Median Gross Rent
$1,029 ± $309/mo
Per Capita Income
$30,234
Poverty Rate
9.4%
Unemployment Rate
1.7%
Homeownership Rate
76.3%
Bachelor's Degree or Higher
8.9%
Median Age
43.0
Average Commute
24 min
Households
744
Veterans
92
Population Over Time
Milford grew 2.8% from 2014 to 2024.
2014
1,615
2016
1,685
2018
1,444
2020
1,664
2022
1,762
2024
1,661
Population by Race & Ethnicity
White
85.9%
Hispanic or Latino
18.1%
Black or African American
0.0%
Asian
1.0%
Nearby Cities in Indiana
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.