Milford, Massachusetts Population

Milford, Massachusetts has a population of 30,900, with a median household income of $94,000.

Current population data for Milford.

30,900

👥

Population

30,900

💰

Median Income

$94,000

📉

Unemployment

4.70%

🏠

Housing Price

$520,000

🚨

Crime Rate

3.50

🌐

Internet Speed

248.00 Mbps

Milford is a smaller urban community located in Massachusetts. The city has a population that is above the average city population in Massachusetts, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Milford, located in Massachusetts, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Milford has a population of 30,900, which is higher than the state average. This indicates a relatively larger urban presence within Massachusetts.

Income and Economy

The median household income in Milford is $94,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Milford is about $520,000, making it relatively affordable compared to many cities in Massachusetts.

Employment and Safety

The unemployment rate in Milford is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Milford are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Massachusetts, Milford shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Massachusetts, Milford contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Milford

What is the population of Milford?

The population of Milford is approximately 30,900.

Is Milford a good place to live?

Milford offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Milford?

The median household income in Milford is around $94,000.

How expensive is housing in Milford?

The average housing price in Milford is approximately $520,000.