Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.4 yrs |
|---|---|
| Avg HH Size | 2.48 |
| Below Poverty | 6.6% ▼ 35% below avg |
| College Grads | 50.4% ▲ 30% above avg |
| Unemployment | 2.0% ▼ 60% below avg |
| No HS Diploma | 3 (0.1%) |
| HS Graduate | 611 (30.2%) |
| Some College | 181 (9%) |
| Associates | 208 (10.3%) |
| Bachelors | 470 (23.2%) |
| Graduate Degree | 549 (27.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $80,906 ≈ Avg |
|---|---|
| Median Home Value | $245,800 ▼ 12% below avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $929/mo |
| Total Housing Units | 1,409 |
| Vacant Units | 120 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Milford is a city in Nebraska, located in Seward County. The city spans 1 ZIP code and is home to approximately 3,511 residents. It is a relatively young city, with a median age of 35.4 years.
Economically, Milford is a middle-income community. The median household income of $80,906 is near the national average. Approximately 6.6% of residents live below the poverty line. The unemployment rate is 2.0%, well below the national average.
The real estate market in Milford is an affordable housing market. Median home values stand at $245,800, which is near the national average. Renters typically pay around $929 per month. Homeownership is high at 67.0%, typical of suburban and family-oriented communities.
The population of Milford is well-educated. 50.4% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (94.05%).
Milford, NE offers residents above-average earning potential within Nebraska.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 68405 | 3,511 | $80,906 | $245,800 | $929 | 2.0% | 50.4% | 67.0% |