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AREA INFORMATION

48380 (Milford, MI)

Explore the real estate in 48380 (Milford, MI)

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Area Highlights

48380 (Milford, MI) residents have a median age of 47.9 years old, with employment highest in the architecture and engineering and administrative support industries.

9,952 Population

The population has increased by 0.3% since the year 2010.

3,665 Households

$114,430 /yr
Median Household Income

$428,000
Median Home Sale Price

31m 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

47.9 Median Age

Average Household Size

2.7
persons per
household

64.9%

Married Households

Community Population By Education

Bachelors Degree 26%
High School Graduate 23%
Some College 22%
Graduate Degree 13%
Associates Degree 12%
Some High School 4%

Household Family Expenses vs National Average

29.6% of households have children

Economics

$114,430 /yr
Median Household Income
$428,000
Median Sales Price
31 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 87%
  • Work from Home 11%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 3,449 90%
Rented 217 6%
Vacant 154 4%

White vs Blue Collar Jobs







White Collar 81%
Blue Collar 19%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

Community Population By Ethnicity

White 91%
Hispanic 3%
Asian 1%
Black <1%
Other <1%
Native American <1%

Crime & Pollution

Crime vs National Average

Pollution vs National Average

Weather

82° July
Hottest Average Month
15° January
Coldest Average Month

Severe Weather

Average Temperature by Month

Low (°F)
High (°F)
Jan
15°
30°
Feb
16°
32°
Mar
24°
42°
Apr
35°
56°
May
46°
68°
Jun
56°
78°
Jul
60°
82°
Aug
59°
80°
Sep
52°
72°
Oct
41°
60°
Nov
31°
46°
Dec
20°
34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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* 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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