Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Milford, IL

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

← Back to Milford Hub

Community Insights

Affordable Market
$105k median home
lower cost than 90% of the country
Leading Industries
Construction · Agriculture & Mining · Wholesale Trade
11% construction
Home Value Growth⬆⬆
+16.1% over 2 years
Retirees
21% of residents
near the national average
Homeowners
79% of occupied units

People & Demographics

Total Population1,126
Households—
Under 18
21.0%
Age 18–34
26.0%
Age 35–64
32.0%
Age 65+
21.0%
Veterans
7.0%
Active Duty
0.0%

Housing & Living

Median Home Value$105,000
Median Gross Rent$790/mo
Owner Occupied
78.6%
Renter Occupied
21.4%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$59,561
Poverty Rate—

Key Industries

Healthcare5.0%
Professional Services1.0%
Manufacturing0.0%
Retail15.0%
Education1.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities40 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
16.0%
Master's or Higher
4.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Milford?›

The total population of Milford is approximately 1,126. 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 40/100 and a transit score of 28/100. 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 79% of housing units being owner-occupied and 21% being renter-occupied.

What is the education level of residents in Milford?›

In Milford, approximately 16% of adult residents hold a bachelor's degree or higher. Additionally, 4% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.