Milford city (balance), Connecticut

US Census Bureau ACS 5-Year Estimates ยท 2022

CT

Milford city (balance) Demographics Overview

Total Population
50,664
ACS 2022 estimate
Median Household Income
$104,503
Annual household income
โ–ฒ 40% vs US avg
Median Home Value
$361,900
Owner-occupied homes
โ–ฒ 28% vs US avg
Median Gross Rent
$1,783
Monthly rent (incl. utilities)
โ–ฒ 53% vs US avg
Median Age
46.6 years
Median age of residents
โ–ฒ 20% vs US avg

Income & Economy

Median Household Income
$104,503
US avg: $74,580
vs. National Median+40.1%

Housing

Median Home Value
$361,900
US avg: $281,900
Median Gross Rent
$1,783/mo
US avg: $1,163/mo
Rent vs. National Avg+53.3%

Population

Total Population50,664
Median Age
46.6 years
US avg: 38.9 yrs

Data Source

Data for Milford city (balance) comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Milford city (balance), CT โ€” Frequently Asked Questions

Common questions about Milford city (balance) demographics

What is the population of Milford city (balance), Connecticut?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Milford city (balance), Connecticut is 50,664.

What is the median household income in Milford city (balance)?

The median household income in Milford city (balance), Connecticut is $104,503 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Milford city (balance)?

Key cost indicators for Milford city (balance), Connecticut:. Median home value: $361,900. Median gross rent: $1,783/month. Median household income: $104,503/year

What is the median home value in Milford city (balance)?

The median home value in Milford city (balance), Connecticut is $361,900, compared to the national median of approximately $281,900.

What is the average age in Milford city (balance)?

The median age in Milford city (balance), Connecticut is 46.6 years, compared to the US national median age of approximately 38.9 years.

Other Cities in Connecticut

Explore demographics for more cities in Connecticut