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AREA INFORMATION

Milford, IN

Explore the real estate in Milford, IN

Area Highlights

Milford, IN residents have a median age of 34.1 years old, with employment highest in the production occupations and administrative support industries.

1,644 Population

The population has increased by 1.9% since the year 2010.

614 Households

$62,844 /yr
Median Household Income

$158,377
Median Home Sale Price

20m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

34.1 Median Age

Average Household Size

2.7
persons per
household

47.4%

Married Households

Community Population By Education

High School Graduate 41%
Some College 25%
Some High School 20%
Associates Degree 8%
Bachelors Degree 6%
Graduate Degree 1%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 40.89% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.7% of households have children

Area Schools

KG-8
0.3 MILES
C-
Milford School
1-8
5.9 MILES
Maple Grove Amish School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$62,844 /yr
Median Household Income
$158,377
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $75-99,999k representing 18.57% of the households.

Transportation to Work

  • Drive 89%
  • Walk or Bike 6%
  • Work from Home 5%
  • Public Transit 0%

Occupancy by Type

Owned 495 75%
Rented 119 18%
Vacant 42 6%

White vs Blue Collar Jobs







Blue Collar 52%
White Collar 48%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 34.1 years old. The smallest percentage group is 25-34 years and the largest percentage is the 75-84 years age range.

Community Population By Ethnicity

White 84%
Hispanic 13%
Other 7%
Black <1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 84%, followed by Hispanic at 13%, Other at 7%, and Black at <1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

84° July
Hottest Average Month
16° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
16°
32°
Feb
18°
36°
Mar
27°
46°
Apr
38°
60°
May
48°
71°
Jun
58°
80°
Jul
62°
84°
Aug
60°
82°
Sep
52°
76°
Oct
41°
64°
Nov
32°
49°
Dec
21°
36°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$359,000
For sale
3 beds • 2 baths • 1,508 sqft

520 N Eastfield Circle
Milford, IN 46542

$85,000
For sale
2 beds • 2 baths • 1,808 sqft

508 W First Street
Milford, IN 46542

$187,900
For sale
3 beds • 1 baths • 1,712 sqft

301 S Henry Street
Milford, IN 46542

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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