Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.0 yrs |
|---|---|
| Avg HH Size | 2.61 |
| Below Poverty | 5.7% ▼ 43% below avg |
| College Grads | 54.9% ▲ 42% above avg |
| Unemployment | 3.1% ▼ 37% below avg |
| No HS Diploma | 21 (0.1%) |
| HS Graduate | 3,237 (22.7%) |
| Some College | 1,282 (9%) |
| Associates | 1,871 (13.1%) |
| Bachelors | 1,290 (9.1%) |
| Graduate Degree | 6,529 (45.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $113,776 ▲ 49% above avg |
|---|---|
| Median Home Value | $405,130 ▲ 45% above avg |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $1,146/mo |
| Total Housing Units | 8,310 |
| Vacant Units | 212 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Milford is a city in Michigan, located in Oakland County. The city spans 2 ZIP codes and is home to approximately 21,238 residents. It is a middle-aged city, with a median age of 43.98 years.
Economically, Milford is a upper-middle-income community. The median household income of $113,775 is above the national average. Approximately 5.7% of residents live below the poverty line. The unemployment rate is 3.1%, below the national average.
The real estate market in Milford is a premium housing market. Median home values stand at $405,130, which is above the national average. Renters typically pay around $1,146 per month. Homeownership is high at 87.8%, typical of suburban and family-oriented communities.
The population of Milford is well-educated. 54.9% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (90.68%).
Milford, MI offers residents above-average earning potential within Michigan. Spread across 2 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.