Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.3 yrs |
|---|---|
| Avg HH Size | 2.85 |
| Below Poverty | 3.2% ▼ 68% below avg |
| College Grads | 20.1% ▼ 48% below avg |
| Unemployment | 0.5% ▼ 90% below avg |
| No HS Diploma | 7 (0.3%) |
| HS Graduate | 1,323 (49.8%) |
| Some College | 353 (13.3%) |
| Associates | 438 (16.5%) |
| Bachelors | 274 (10.3%) |
| Graduate Degree | 260 (9.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $75,192 ≈ Avg |
|---|---|
| Median Home Value | $178,400 ▼ 36% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $1,092/mo |
| Total Housing Units | 1,780 |
| Vacant Units | 14 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Milford is a city in Indiana, located in Kosciusko County. The city spans 1 ZIP code and is home to approximately 5,108 residents. It is a relatively young city, with a median age of 33.3 years.
Economically, Milford is a middle-income community. The median household income of $75,192 is near the national average. Approximately 3.2% of residents live below the poverty line. The unemployment rate is 0.5%, well below the national average.
The real estate market in Milford is an affordable housing market. Median home values stand at $178,400, which is below the national average. Renters typically pay around $1,092 per month. Homeownership is high at 86.2%, typical of suburban and family-oriented communities.
The population of Milford is less-educated. 20.1% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (82.58%).
Milford, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46542 | 5,108 | $75,192 | $178,400 | $1,092 | 0.5% | 20.1% | 86.2% |