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Economy, jobs and prices in Milford, Connecticut: official figures

The median household income in Milford was $111,201 a year in the 2020-2024 American Community Survey (in 2024 dollars), 154th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Connecticut median $95,781.

Median household income
$111,201
2020-2024
Unemployment rate (ACS)
4.4%
2020-2024
Mean travel time to work
25.3 min
2020-2024
Median gross rent (monthly)
$1,882
2020-2024
Median home value (owner-occupied)
$415,200
2020-2024
Homes occupied by their owners
75.5%
2020-2024
Households with a broadband subscription
94.0%
2020-2024

What is the per capita income in Milford?

Income per resident (per capita income) in Milford averaged $60,594 a year in 2020-2024, 109th highest of 823 US cities of 50,000 or more (US: $44,673; Connecticut: $55,915).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Milford?

Milford's Gini index of household income inequality was 0.422 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 214th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Milford, Connecticut?

4.4% of the civilian labor force in Milford was unemployed on average over 2020-2024 (1,314 people), 244th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Connecticut's 5.6%.

Source: U.S. Census Bureau · saved copy

What share of people in Milford are working?

68.7% of Milford's 43,433 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 227th highest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Milford have jobs?

28,516 residents of Milford held civilian jobs, 65.7% of those aged 16 and over (US: 59.7%), and 13 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Milford?

The largest industry group for working residents of Milford was education, health care and social assistance (31.0% of employed residents), followed by professional, scientific, management and administrative services (12.1%) and retail trade (10.4%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Milford work in manufacturing?

Manufacturing employed 9.7% of working residents of Milford, 350th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 12.1% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Milford, Connecticut?

Commuters in Milford took 25.3 minutes on average to get to work in 2020-2024, 366th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 7.9% travelled an hour or more and 28.2% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Milford get to work?

17.6% of workers living in Milford worked from home in 2020-2024, 272nd highest of 823 US cities of 50,000 or more (US: 15.1%). 74.1% drove to work alone, 4.1% carpooled, 2.6% used public transport and 0.6% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Milford, Connecticut?

The median gross rent (rent plus utilities) in Milford was $1,882 a month in 2020-2024, 225th highest of 823 US cities of 50,000 or more (US: $1,413; Connecticut: $1,488).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Milford?

Owner-occupied homes in Milford had a median value of $415,200 in 2020-2024 as estimated by their owners, 373rd highest of 823 US cities of 50,000 or more (US: $332,700; Connecticut: $366,900).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Milford?

The median home value in Milford was 3.7 times the median household income, 248th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Milford, Connecticut own their home?

75.5% of the 21,702 occupied homes in Milford were lived in by their owners in 2020-2024 and 5,312 were rented, 72nd highest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Connecticut: 66.5%).

Source: U.S. Census Bureau · saved copy

What share of homes in Milford have broadband?

94.0% of households in Milford had a broadband internet subscription of some type in 2020-2024, 289th highest of 823 US cities of 50,000 or more (US: 91.0%; Connecticut: 92.2%).

Source: U.S. Census Bureau · saved copy

How many households in Milford have no internet?

4.4% of households in Milford (959) had no internet access at home in 2020-2024, 364th lowest of 823 US cities of 50,000 or more (US: 6.5%); 11.3% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Milford compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Milford ranks 154 of 823, highest first.

RankCityMedian household income (2024 dollars)
151Stamford$111,586
152Costa Mesa$111,505
153Grapevine$111,376
154Milford$111,201
155Vacaville$111,126
156Scottsdale$110,886
157Oak Park$110,820
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Milford ranks 109 of 823, highest first.

RankCityPer capita income (2024 dollars)
106Petaluma$60,931
107Lake Forest$60,633
108Overland Park$60,602
109Milford$60,594
110Leander$60,586
111Apex$60,473
112Jersey City$60,429
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Milford ranks 610 of 823, highest first.

RankCityGini index of household income inequality
607St. Louis Park0.422
608Bellflower0.422
609Killeen0.422
610Milford0.422
611Apple Valley0.422
612Cheyenne0.421
613South Gate0.421
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Milford ranks 580 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
577Greenville4.4%
578Beaverton4.4%
579Lawrence4.4%
580Milford4.4%
581Mooresville4.4%
582Raleigh4.4%
583St. Clair Shores4.4%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Milford ranks 227 of 823, highest first.

RankCityLabor force participation rate (16 and over)
224Dallas68.7%
225Longmont68.7%
226Appleton68.7%
227Milford68.7%
228Lawrence68.7%
229Haverhill68.7%
230Kansas City68.7%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Milford ranks 366 of 823, highest first.

RankCityMean travel time to work (minutes)
363National City25.4
364Lacey25.4
365Westland25.4
366Milford25.3
367Kenner25.3
368Passaic25.3
369Oxnard25.3
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Milford ranks 272 of 823, highest first.

RankCityWorkers who worked from home
269Vancouver17.6%
270Concord17.6%
271Monterey Park17.6%
272Milford17.6%
273Boise City17.6%
274Colorado Springs17.6%
275Jupiter17.5%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Milford ranks 198 of 823, highest first.

RankCityWorkers commuting by public transportation
195Santa Ana2.7%
196San Diego2.7%
197Deerfield Beach2.6%
198Milford2.6%
199Portland2.6%
200Monterey Park2.6%
201Downey2.6%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Milford ranks 350 of 823, highest first.

RankCityEmployed residents working in manufacturing
347Lynchburg9.7%
348Plainfield9.7%
349Albany9.7%
350Milford9.7%
351Utica9.7%
352Lake Elsinore9.7%
353Caldwell9.6%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Milford ranks 55 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
52Waltham31.2%
53Buffalo31.1%
54Tuscaloosa31.0%
55Milford31.0%
56Lawrence30.9%
57Johnson City30.9%
58Las Cruces30.9%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Milford ranks 225 of 823, highest first.

RankCityMedian gross rent per month
222Westminster$1,882
223Brookhaven$1,882
224Bonita Springs$1,882
225Milford$1,882
226Commerce City$1,880
227Perris$1,876
228Paramount$1,875
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Milford ranks 373 of 823, highest first.

RankCityMedian value of owner-occupied homes
370Salem$416,900
371Raleigh$415,800
372Lawrence$415,200
373Milford$415,200
374Arlington Heights$414,500
375West Palm Beach$414,200
376Marana$413,800
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Milford ranks 573 of 820, highest first.

RankCityMedian home value as a multiple of median household income
570Kannapolis3.7x
571Newport News3.7x
572Brooklyn Park3.7x
573Milford3.7x
574Allentown3.7x
575Orland Park3.7x
576Deltona3.7x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Milford ranks 72 of 823, highest first.

RankCityOccupied homes lived in by their owners
69Wellington75.8%
70Barnstable Town75.7%
71Port Orange75.6%
72Milford75.5%
73Arvada75.3%
74Downers Grove75.2%
75Lehi75.2%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Milford ranks 289 of 823, highest first.

RankCityHouseholds with a broadband subscription
286Rancho Cordova94.0%
287Des Plaines94.0%
288La Habra94.0%
289Milford94.0%
290Norwalk94.0%
291Elgin94.0%
292Waltham94.0%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Milford ranks 460 of 823, highest first.

RankCityHouseholds with no internet access
457Apopka4.4%
458Summerville4.4%
459Downey4.4%
460Milford4.4%
461Loveland4.4%
462Missoula4.4%
463Livonia4.4%
Source: U.S. Census Bureau · saved copy

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Sources

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