Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.1 yrs |
|---|---|
| Avg HH Size | 2.65 |
| Below Poverty | 8.2% ▼ 18% below avg |
| College Grads | 47.1% ▲ 22% above avg |
| Unemployment | 4.7% ≈ Avg |
| No HS Diploma | 541 (2.8%) |
| HS Graduate | 6,156 (31.5%) |
| Some College | 1,302 (6.7%) |
| Associates | 2,323 (11.9%) |
| Bachelors | 2,048 (10.5%) |
| Graduate Degree | 7,156 (36.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $92,951 ▲ 22% above avg |
|---|---|
| Median Home Value | $444,100 ▲ 59% above avg |
| Home/Income Ratio | 4.8x (nat avg ~3.5x) |
| Median Rent | $1,702/mo |
| Total Housing Units | 11,833 |
| Vacant Units | 423 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Milford is a city in Massachusetts, located in Worcester County. The city spans 1 ZIP code and is home to approximately 30,473 residents. It is a middle-aged city, with a median age of 39.1 years.
Economically, Milford is a middle-income community. The median household income of $92,951 is above the national average. Approximately 8.2% of residents live below the poverty line. The unemployment rate is 4.7%, near the national average.
The real estate market in Milford is a premium housing market. Median home values stand at $444,100, which is significantly above the national average. Renters typically pay around $1,702 per month. Homeownership is high at 68.4%, typical of suburban and family-oriented communities.
The population of Milford is well-educated. 47.1% of adults hold a bachelor's degree or higher — above the national average. The community is majority White (65.73%).
Milford, MA offers residents above-average earning potential within Massachusetts.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 01757 | 30,473 | $92,951 | $444,100 | $1,702 | 4.7% | 47.1% | 68.4% |