Milford Village, MI demographics:
population, income, and more

Total population
6,487
0.3% year-over-year change
Median household income
$105,713/yr
3.1% year-over-year change
Housing units
2,772
0.2% year-over-year change

Milford population

How many people live in Milford

Milford is home to 6,487 residents, according to the most recent Census data. Gender-wise, 47.9% of Milford locals are male, and 52.1% are female.

Total population
6,487
0.3% year-over-year change
Gender ratio
Male
47.9%
3,108
Female
52.1%
3,379
Value Percent YoY change
Male 3,108 47.9% -1.0%
Female 3,379 52.1% 1.5%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Milford is 41, with the population distributed as follows: about 17.8% are children under 15, then 9.5% are in the 15 to 24 age group. Adults between 25 and 44 make up 24.8% of the population, while another 27.6% fall into the 45 to 64 bracket. Finally, around 20.3% are 65 or older.

Median age
41.1
Age breakdown
Under 15
17.8%
15 to 24
9.5%
25 to 44
24.8%
45 to 64
27.6%
Over 65
20.3%
Value Percent YoY change
Under 15 1,158 17.8% -4.0%
15 to 24 615 9.5% -8.6%
25 to 44 1,606 24.8% 7.3%
45 to 64 1,792 27.6% 4.0%
Over 65 1,316 20.3% -3.9%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Milford, 96.8% of the population are US-born citizens, while 2.1% have gained naturalized citizenship. At the same time, 1.2% of residents are non-citizens. As for race, 89.6% of locals are Caucasian, 2.1% are African American and 1.2% have Asian roots. There’s also a share of 6.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
96.8%
Non-U.S.-born citizens
2.1%
Non-citizens
1.2%
Value Percent YoY change
U.S.-born citizens 6,278 96.8% 0.9%
Non-U.S.-born citizens 134 2.1% -4.3%
Non-citizens 75 1.2% -27.2%
Racial breakdown
White
89.6%
Black or African American
2.1%
American Indian and Alaska Native
0.1%
Asian
1.2%
Native Hawaiian and other Pacific Islander
0%
Two or more races
6.3%
Other
0.6%
Value Percent
White 5,814 89.6%
Black or African American 139 2.1%
American Indian and Alaska Native 8 0.1%
Asian 76 1.2%
Two or more races 409 6.3%
Other 41 0.6%

Households in Milford

A peek inside Milford households

Milford has 2,627 households, with an average of 2 members in each. Of these, 60.6% are families, while the remaining 39.4% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
2,627
-1.8% year-over-year change
Average people per household
2
Non-family households
1,035
Family households
1,592
Value Percent YoY change
Non-family households 1,035 39.4% 0.5%
Family households 1,592 60.6% -3.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Milford

The housing landscape of Milford

Milford's housing consists of 2,772 units, with 68% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 10.1% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.4% of the housing landscape.

Housing units
2,772
0.2% year-over-year change
Housing types
Value Percent
1 unit, detached 1,885 68%
1 unit, attached 279 10.1%
2 units 56 2%
3 or 4 units 266 9.6%
5 to 9 units 120 4.3%
10 to 19 units 56 2%
20 to 49 units 64 2.3%
50 or more units 34 1.2%
Mobile home 12 0.4%
Homes built since 2020
39
62.5% year-over-year change

The age of buildings in Milford

In Milford, the median construction year is 1973. About 17.2% of homes were built before the 1940s, with another 4.2% going up by 1949. Most development happened in the second half of the 20th century. Then, 11.4% of homes were added from 2000 to 2009, 7.1% between 2010 and 2019, and 1.4% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 477 17.2% 2.1%
Built between 1940 and 1949 116 4.2% 4.5%
Built between 1950 and 1959 440 15.9% 25.7%
Built between 1960 and 1969 237 8.6% -9.9%
Built between 1970 and 1979 360 13% 8.8%
Built between 1980 and 1989 178 6.4% -11.0%
Built between 1990 and 1999 413 14.9% -21.0%
Built between 2000 and 2009 316 11.4% 8.2%
Built between 2010 and 2019 196 7.1% -4.8%
Built in 2020 or later 39 1.4% 62.5%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Milford occupancy rates

Out of the 2,627 occupied housing units in Milford, 77.1% are owner-occupied, while 22.9% are lived in by tenants. Meanwhile, 5.2% of all homes on the local market sit vacant.

Occupied housing units
2,627
-1.8% year-over-year change
Occupancy breakdown
Renter occupied
601
Owner occupied
2,026
Value Percent YoY
change
Renter occupied 601 22.9% -8.5%
Owner occupied 2,026 77.1% 0.5%
Unoccupied housing units
5.2%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Milford housing costs

Housing costs in Milford come to a median of $1,632 per month, while tenants specifically pay a median gross rent of $1,173.

Median housing costs per month
$1,632/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Milford
$1,173/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Milford

Milford education at a glance

About 22.1% of the population in Milford went to high school, while 19.3% pursued college studies. Another 10.4% earned an associate degree and 31.2% hold a bachelor’s. Meanwhile, 16.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 38 0.8% 442.9%
High school diploma 1,111 22.1% 0.1%
College diploma 974 19.3% 4.7%
Associate degree 525 10.4% -1.3%
Bachelor's degree 1,573 31.2% 5.4%
Graduate degree 815 16.2% -0.7%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Milford

How much people earn in Milford

The average annual household income in Milford was $134,660 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.5% change from the previous year. At the same time, the median income stood at $105,713, reflecting a +3.1% shift over the same period.

Average household income in Milford
$134,660/year
2.5% year-over-year change
Median household income in Milford
$105,713/year
3.1% year-over-year change

Milford income by age

In Milford, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $133,553. Those with someone between 45 and 64 in charge, often well established professionally, earn $132,586 overall. Overall, 92.5% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $133,553 32.9%
45 - 64 $132,586 -3.9%
Over 65 $66,111 11.0%
Above poverty level
5,802
Below poverty level
473
Value Percent YoY
change
Above poverty level 5,802 92.5% -0.2%
Below poverty level 473 7.5% -12.1%

Average renter income in Milford

To get a better sense of what renters earn on average in Milford, their median household income was $43,688 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 32.2%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$43,688
Rent-to-income ratio
32.2%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Milford

Workforce and job types in Milford

The job market in Milford is powered by 3,211 working residents, spread across a range of industries and roles. 83.5% of the working population are employed in professional or administrative positions, while 16.5% are in hands-on or service-based jobs. Also, 7.1% run their own businesses, 71.7% are employed by private companies, and 11% work in the public sector.

Workforce demographics

Working population
3,211
2.1% year-over-year change
White collar
2,682
Blue collar
529
Value Percent YoY change
White collar 2,682 83.5% -2.9%
Blue collar 529 16.5% 37.8%
Employer type
Self employees
7.1%
Private companies
71.7%
Governmental workers
11%
Not for profit companies
10.2%
Value Percent YoY change
Self employees 227 7.1% 25.4%
Private companies 2,303 71.7% 5.2%
Governmental workers 353 11% -26.3%
Not for profit companies 328 10.2% 11.2%
Unemployment rate
2.1%
-19.5% year-over-year change

Available workforce

The unemployment rate in Milford stands at 2.1%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Milford

How people get around in Milford

Commuting methods vary: 78.9% of residents travel by personal vehicle and 0.1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 2,508 78.9% -0.1%
Walk 3 0.1% N/A
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Milford by zipcode?

Zipcode Population Number of households Median income Average income
48381 14,094 5,433 $105,213 $144,506

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FAQs about Milford demographics 

What is the total population of Milford?

Milford has a total population of 6,487 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +0.3% compared to a year ago.

What is the gender ratio in Milford?

The gender ratio in Milford is as follows:
  • 47.9% males (3,108 residents)
  • 52.1% females (3,379 residents)

What is the median age in Milford?

The median age in Milford is 41.1.

What is the age distribution of the population in Milford?

The age distribution in Milford is as follows:
  • Under 15: 17.8% (1,158 residents)
  • Ages 15-24: 9.5% (615 residents)
  • Ages 25-44: 24.8% (1,606 residents)
  • Ages 45-64: 27.6% (1,792 residents)
  • Over 65: 20.3% (1,316 residents)

What is the racial and ethnic makeup of Milford?

The racial and ethnic makeup of Milford is as follows:
  • White: 89.6% (5,814 residents)
  • Black or African American: 2.1% (139 residents)
  • American Indian and Alaska Native: 0.1% (8 residents)
  • Asian: 1.2% (76 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 6.3% (409 residents)
  • Other: 0.6% (41 residents)

What percentage of the population in Milford are U.S.-born citizens?

U.S.-born citizens represent 96.8% of the population in Milford.

How many housing units are there in Milford?

There are 2,772 housing units in Milford, reflecting a +0.2% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Milford and what is the average household size?

Milford has a total of 2,627 households, with an average of 2 people in each.

What is the median household income in Milford?

Milford has a median household income of $105,713, representing a +3.1% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Milford?

The employment rate is 97.9% in Milford, with a workforce of 3,211 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 83.5% (2,682 residents)
  • Blue-collar workers: 16.5% (529 residents)

Places of employment:
  • Self-employed: 7.1% (227 residents)
  • Private companies: 71.7% (2,303 residents)
  • Governmental workers: 11% (353 residents)
  • Not-for-profit companies: 10.2% (328 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025