Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.8 yrs |
|---|---|
| Avg HH Size | 2.50 |
| Below Poverty | 4.0% ▼ 60% below avg |
| College Grads | 44.8% ▲ 16% above avg |
| Unemployment | 1.9% ▼ 60% below avg |
| No HS Diploma | 51 (0.5%) |
| HS Graduate | 3,141 (28.5%) |
| Some College | 1,340 (12.1%) |
| Associates | 1,565 (14.2%) |
| Bachelors | 1,127 (10.2%) |
| Graduate Degree | 3,812 (34.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $94,514 ▲ 24% above avg |
|---|---|
| Median Home Value | $363,500 ▲ 30% above avg |
| Home/Income Ratio | 3.8x (nat avg ~3.5x) |
| Median Rent | $1,569/mo |
| Total Housing Units | 6,692 |
| Vacant Units | 251 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Milford is a city in New Hampshire, located in Hillsborough County. The city spans 1 ZIP code and is home to approximately 16,258 residents. It is a relatively young city, with a median age of 37.8 years.
Economically, Milford is a middle-income community. The median household income of $94,514 is above the national average. Approximately 4.0% of residents live below the poverty line. The unemployment rate is 1.9%, well below the national average.
The real estate market in Milford is a mid-range housing market. Median home values stand at $363,500, which is above the national average. Renters typically pay around $1,569 per month. Homeownership is high at 64.4%, typical of suburban and family-oriented communities.
The population of Milford is well-educated. 44.8% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (87.96%).
Milford, NH offers residents above-average earning potential within New Hampshire.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 03055 | 16,258 | $94,514 | $363,500 | $1,569 | 1.9% | 44.8% | 64.4% |