Milford, VA demographics:
population, income, and more

Total population
2,290
-4.5% year-over-year change
Median household income
$78,792/yr
6.4% year-over-year change
Housing units
1,120
3.3% year-over-year change

Milford population

How many people live in Milford

Milford is home to 2,290 residents, according to the most recent Census data. Gender-wise, 53.7% of Milford locals are male, and 46.3% are female.

Total population
2,290
-4.5% year-over-year change
Gender ratio
Male
53.7%
1,229
Female
46.3%
1,061
Value Percent YoY change
Male 1,229 53.7% -3.8%
Female 1,061 46.3% -5.2%
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 54, with the population distributed as follows: about 13.6% are children under 15, then 9.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 20.3% of the population, while another 29.6% fall into the 45 to 64 bracket. Finally, around 27.2% are 65 or older.

Median age
53.5
Age breakdown
Under 15
13.6%
15 to 24
9.3%
25 to 44
20.3%
45 to 64
29.6%
Over 65
27.2%
Value Percent YoY change
Under 15 312 13.6% -37.7%
15 to 24 213 9.3% 9.8%
25 to 44 465 20.3% 7.6%
45 to 64 677 29.6% -9.4%
Over 65 623 27.2% 19.1%
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, 99.6% of the population are US-born citizens, while 0.4% have gained naturalized citizenship. There’s also a share of 7.4% that includes residents with two or more races.

Citizenship
U.S.-born citizens
99.6%
Non-U.S.-born citizens
0.4%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 2,281 99.6% -4.3%
Non-U.S.-born citizens 9 0.4% 28.6%
Racial breakdown
White
61.6%
Black or African American
27.6%
American Indian and Alaska Native
0.1%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
7.4%
Other
3.3%
Value Percent
White 1,410 61.6%
Black or African American 633 27.6%
American Indian and Alaska Native 2 0.1%
Two or more races 169 7.4%
Other 76 3.3%

Households in Milford

A peek inside Milford households

Milford has 1,041 households, with an average of 2 members in each. Of these, 48.5% are families, while the remaining 51.5% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,041
5.7% year-over-year change
Average people per household
2
Non-family households
536
Family households
505
Value Percent YoY change
Non-family households 536 51.5% 10.5%
Family households 505 48.5% 1.0%
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 1,120 units, with 90.4% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 6.4% of the housing landscape.

Housing units
1,120
3.3% year-over-year change
Housing types
Value Percent
1 unit, detached 1,012 90.4%
5 to 9 units 35 3.1%
50 or more units 1 0.1%
Mobile home 72 6.4%
Homes built since 2020
17
% year-over-year change

The age of buildings in Milford

In Milford, the median construction year is 1971. About 14.6% of homes were built before the 1940s, with another 6.9% going up by 1949. Most development happened in the second half of the 20th century. Then, 10.3% of homes were added from 2000 to 2009, 4.2% between 2010 and 2019, and 1.5% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 163 14.6% -7.9%
Built between 1940 and 1949 77 6.9% -2.5%
Built between 1950 and 1959 144 12.9% 75.6%
Built between 1960 and 1969 151 13.5% -12.2%
Built between 1970 and 1979 177 15.8% -11.5%
Built between 1980 and 1989 110 9.8% 22.2%
Built between 1990 and 1999 119 10.6% 16.7%
Built between 2000 and 2009 115 10.3% -16.1%
Built between 2010 and 2019 47 4.2% 4.4%
Built in 2020 or later 17 1.5% N/A
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 1,041 occupied housing units in Milford, 74.9% are owner-occupied, while 25.1% are lived in by tenants. Meanwhile, 7.1% of all homes on the local market sit vacant.

Occupied housing units
1,041
5.7% year-over-year change
Occupancy breakdown
Renter occupied
261
Owner occupied
780
Value Percent YoY
change
Renter occupied 261 25.1% 5.2%
Owner occupied 780 74.9% 5.8%
Unoccupied housing units
7.1%
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 $1,161 per month, while tenants specifically pay a median gross rent of $912.

Median housing costs per month
$1,161/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
$912/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 58.6% of the population in Milford went to high school, while 15.3% pursued college studies. Another 11.2% earned an associate degree and 10.1% hold a bachelor’s. Meanwhile, 3.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 22 1.1% 4.8%
High school diploma 1,128 58.6% 19.0%
College diploma 295 15.3% -0.3%
Associate degree 215 11.2% -3.6%
Bachelor's degree 195 10.1% -29.6%
Graduate degree 71 3.7% -23.7%
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 $85,800 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +4.3% change from the previous year. At the same time, the median income stood at $78,792, reflecting a +6.4% shift over the same period.

Average household income in Milford
$85,800/year
4.3% year-over-year change
Median household income in Milford
$78,792/year
6.4% 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 $107,262. Those with someone between 45 and 64 in charge, often well established professionally, earn $72,250 overall. Overall, 87.6% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $107,262 12.3%
45 - 64 $72,250 -10.6%
Over 65 $49,943 7.6%
Above poverty level
1,977
Below poverty level
280
Value Percent YoY
change
Above poverty level 1,977 87.6% -4.3%
Below poverty level 280 12.4% 5.3%

Employment in Milford

Workforce and job types in Milford

63.7% of the working population are employed in professional or administrative positions, while 36.3% are in hands-on or service-based jobs. Also, 4.8% run their own businesses, 59.6% are employed by private companies, and 27% work in the public sector.

Workforce demographics

White collar
694
Blue collar
395
Value Percent YoY change
White collar 694 63.7% -20.7%
Blue collar 395 36.3% 64.6%
Employer type
Self employees
4.8%
Private companies
59.6%
Governmental workers
27%
Not for profit companies
8.6%
Value Percent YoY change
Self employees 52 4.8% -44.7%
Private companies 649 59.6% 13.3%
Governmental workers 294 27% -11.2%
Not for profit companies 94 8.6% -19.7%

Transportation in Milford

How people get around in Milford

Commuting methods vary: 95.6% of residents travel by personal vehicle and 1.1% 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 891 95.6% -6.1%
Bus or trolleybus 8 0.9% 166.7%
Motorcycle 23 2.5% N/A
Walk 10 1.1% 0.0%
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
22514 2,290 1,041 $78,792 $85,801

Explore more communities

FAQs about Milford demographics 

What is the total population of Milford?

Milford has a total population of 2,290 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 -4.5% compared to a year ago.

What is the gender ratio in Milford?

The gender ratio in Milford is as follows:
  • 53.7% males (1,229 residents)
  • 46.3% females (1,061 residents)

What is the median age in Milford?

The median age in Milford is 53.5.

What is the age distribution of the population in Milford?

The age distribution in Milford is as follows:
  • Under 15: 13.6% (312 residents)
  • Ages 15-24: 9.3% (213 residents)
  • Ages 25-44: 20.3% (465 residents)
  • Ages 45-64: 29.6% (677 residents)
  • Over 65: 27.2% (623 residents)

What is the racial and ethnic makeup of Milford?

The racial and ethnic makeup of Milford is as follows:
  • White: 61.6% (1,410 residents)
  • Black or African American: 27.6% (633 residents)
  • American Indian and Alaska Native: 0.1% (2 residents)
  • Asian: 0% ( residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 7.4% (169 residents)
  • Other: 3.3% (76 residents)

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

U.S.-born citizens represent 99.6% of the population in Milford.

How many housing units are there in Milford?

There are 1,120 housing units in Milford, reflecting a +3.3% 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 1,041 households, with an average of 2 people in each.

What is the median household income in Milford?

Milford has a median household income of $78,792, representing a +6.4% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Milford?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 63.7% (694 residents)
  • Blue-collar workers: 36.3% (395 residents)

Places of employment:
  • Self-employed: 4.8% (52 residents)
  • Private companies: 59.6% (649 residents)
  • Governmental workers: 27% (294 residents)
  • Not-for-profit companies: 8.6% (94 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