Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Milford, NJ

Comprehensive demographics, housing data, local amenities, and economic statistics for Milford.

← Back to Milford Hub

Community Insights

Transit
96/100
excellent transit access
High Incomes
$145k/year
top 4% nationally
Leading Industries
Arts, Food & Hospitality · Healthcare · Professional Services
10% arts, food & hospitality
Home Value Growth⬆⬆⬆
+23.3% over 2 years
Retirees
24% of residents
slightly above average
Homeowners
86% of occupied units

People & Demographics

Total Population1,221
Households—
Under 18
22.0%
Age 18–34
20.0%
Age 35–64
34.0%
Age 65+
24.0%
Veterans
4.0%
Active Duty
0.0%

Housing & Living

Median Home Value$495,700
Median Gross Rent$1,148/mo
Owner Occupied
86.5%
Renter Occupied
13.5%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$145,053
Poverty Rate—

Key Industries

Healthcare14.0%
Professional Services2.0%
Manufacturing0.0%
Retail12.0%
Education1.0%

Amenities & Transit

Transit Score96 / 100
Walkability / Amenities64 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
31.0%
Master's or Higher
10.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Milford?›

The total population of Milford is approximately 1,221. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Milford walkable and transit-friendly?›

Based on local geographic data, Milford has an amenity and walkability score of 64/100 and a transit score of 96/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Milford?›

The housing market in Milford is predominantly driven by homeowners, with 86% of housing units being owner-occupied and 14% being renter-occupied.

What is the education level of residents in Milford?›

In Milford, approximately 31% of adult residents hold a bachelor's degree or higher. Additionally, 10% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.