Median Household Income
$71,806 ± $19,289
Median Home Value
$333,600 ± $17,594
Median Gross Rent
$1,523 ± $322/mo
Per Capita Income
$43,270
Poverty Rate
8.8%
Unemployment Rate
5.8%
Homeownership Rate
71.8%
Bachelor's Degree or Higher
37.2%
Median Age
47.0
Average Commute
25 min
Households
503
Veterans
44
Population Over Time
Milford grew 9.5% from 2014 to 2024.
2014
1,065
2016
1,271
2018
1,295
2020
1,285
2022
1,244
2024
1,166
Population by Race & Ethnicity
White
92.0%
Hispanic or Latino
4.3%
Black or African American
1.8%
Asian
1.5%
Nearby Cities in New Jersey
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.