Milford, TX demographics:
population, income, and more
Milford population
How many people live in Milford
Milford is home to 966 residents, according to the most recent Census data. Gender-wise, 45.4% of Milford locals are male, and 54.6% are female.
Age demographics
The median age in Milford is 32, with the population distributed as follows: about 21.7% are children under 15, then 9.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 30.3% of the population, while another 21.4% fall into the 45 to 64 bracket. Finally, around 16.7% are 65 or older.
Racial makeup
In Milford, 98.1% of the population are US-born citizens, while 0.6% have gained naturalized citizenship. At the same time, 1.2% of residents are non-citizens. There’s also a share of 2.3% that includes residents with two or more races.
Households in Milford
A peek inside Milford households
Milford has 353 households, with an average of 3 members in each. Of these, 60.3% are families, while the remaining 39.7% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Milford
The housing landscape of Milford
Milford's housing consists of 398 units, with 72.1% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 2.5% 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 25.4% of the housing landscape.
The age of buildings in Milford
In Milford, the median construction year is 1965. About 29.6% of homes were built before the 1940s, with another 8% going up by 1949. Most development happened in the second half of the 20th century. Then, 9.8% of homes were added from 2000 to 2009, 4.8% between 2010 and 2019, and 1.5% are part of the newest wave of development.
Milford occupancy rates
Out of the 353 occupied housing units in Milford, 52.7% are owner-occupied, while 47.3% are lived in by tenants. Meanwhile, 11.3% of all homes on the local market sit vacant.
Milford housing costs
Housing costs in Milford come to a median of $913 per month, while tenants specifically pay a median gross rent of $924.
Education in Milford
Milford education at a glance
About 44.6% of the population in Milford went to high school, while 31.6% pursued college studies. Another 10.1% earned an associate degree and 5.2% hold a bachelor’s. Meanwhile, 3% went even further, earning a master’s or doctorate.
Income in Milford
How much people earn in Milford
The average annual household income in Milford was $60,203 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -18.1% change from the previous year.
Milford income by age
Those with someone between 45 and 64 in charge, often well established professionally, earn $60,179 overall. Overall, 74.4% of the locals in this community live above the poverty line.
Average renter income in Milford
To get a better sense of what renters earn on average in Milford, their median household income was $25,517 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 43.5%, shows what portion of their earnings goes toward housing expenses.
Employment in Milford
Workforce and job types in Milford
The job market in Milford is powered by 391 working residents, spread across a range of industries and roles. 50.9% of the working population are employed in professional or administrative positions, while 49.1% are in hands-on or service-based jobs. Also, 4.1% run their own businesses, 84.9% are employed by private companies, and 11% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Milford stands at 3.5%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Milford
How people get around in Milford
Commuting methods vary: 96.2% of residents travel by personal vehicle and 1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Milford by zipcode?
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FAQs about Milford demographics
What is the total population of Milford?
What is the gender ratio in Milford?
- 45.4% males (439 residents)
- 54.6% females (527 residents)
What is the median age in Milford?
What is the age distribution of the population in Milford?
- Under 15: 21.7% (210 residents)
- Ages 15-24: 9.8% (95 residents)
- Ages 25-44: 30.3% (293 residents)
- Ages 45-64: 21.4% (207 residents)
- Over 65: 16.7% (161 residents)
What is the racial and ethnic makeup of Milford?
- White: 69.4% (670 residents)
- Black or African American: 23% (222 residents)
- American Indian and Alaska Native: 0% (0 residents)
- Asian: 0% (0 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 2.3% (22 residents)
- Other: 5.4% (52 residents)
What percentage of the population in Milford are U.S.-born citizens?
How many housing units are there in Milford?
How many households are in Milford and what is the average household size?
What is the median household income in Milford?
What is the employment rate and job market overview for Milford?
Job types:
- White-collar workers: 50.9% (199 residents)
- Blue-collar workers: 49.1% (192 residents)
Places of employment:
- Self-employed: 4.1% (16 residents)
- Private companies: 84.9% (332 residents)
- Governmental workers: 11% (43 residents)
- Not-for-profit companies: 0% (0 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.