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US City Data

Milford, DE

Population 12,193 · Delaware

Population
12,193
Median Income
$55,265
Median Home Value
$274,600
Median Rent
$1,182/mo

About Milford, DE

Milford is a mid-sized city in Delaware with a population of 12,193 residents. The median household income is $55,265 per year, which is near the national average. The median age in Milford is 41.4 years.

Housing in Milford has a median home value of $274,600 and median monthly rent of $1,182. Of the 5,571 total housing units, renting is more common than owning, with 2,454 owner-occupied and 2,825 renter-occupied units.

The unemployment rate in Milford is 5.6% and the poverty rate is 20.3%. 30.0% of residents hold a bachelor's degree or higher. The average commute time is 23.5 minutes.

How Milford Ranks in Delaware

Most Populated Cities
#10
of 50 cities · 12,193
Most Affordable Cities
#34
of 50 cities · $274,600
Lowest Rent Cities
#21
of 50 cities · $1,182/mo
Most Educated Cities
#44
of 50 cities · 30.0%
Best Job Markets
#39
of 50 cities · 5.6%

Cost of Living in Milford, DE

Compared to national averages, Milford has a median household income of $55,265 (26% below the national median of $75,149). Home values average $274,600, which is 12% above the national median. Monthly rent at $1,182 is 2% above the US average of $1,163. Within Delaware, Milford's income is 36% below the state average of $85,962, and home values are 29% below the state median of $387,860.

Income vs National
$55,265
National: $75,149
Delaware: $85,962
Home Value vs National
$274,600
National: $244,900
Delaware: $387,860
Rent vs National
$1,182
National: $1,163
Delaware: $1,355
Unemployment vs National
5.6%
National: 3.7%
Delaware: 6.3%

Why Live in Milford, DE?

Milford offers short commute times averaging just 23.5 minutes.

Potential considerations include median household income ($55,265) that falls below the national average. However, Milford’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.

Milford has a population of 12,193 with a median age of 41.4 years. Compare Milford with other cities to see how it stacks up, or explore all cities in Delaware.

Similar Cities Near Milford

Cities in Delaware with a similar population size.

CityPopulationMedian IncomeHome Value
Pike Creek Valley11,992$93,896$299,500Compare
Smyrna13,031$70,473$273,400Compare
Hockessin13,608$172,695$550,200Compare
Claymont9,543$75,808$262,900Compare
Brookside15,262$72,031$264,800Compare
Glasgow16,095$109,803$346,200Compare
Seaford8,255$51,120$223,700Compare
North Star8,178$167,664$566,500Compare

Demographics

41.4
Median Age
5,341
Male
6,852
Female
18.2%
Foreign Born

Racial & Ethnic Composition

White5.6Hispanic/Latino1.2Black2.4Asian6.8Two or More24.7

Economy & Education

5.6%
Unemployment Rate
20.3%
Poverty Rate
30%
Bachelor's Degree+
23.5 min
Avg Commute

Housing

5,571
Total Housing Units
2,454
Owner Occupied
2,825
Renter Occupied

Other Cities in Delaware

Delaware CityArdenArdencroftArdentownBearBellefonte

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Milford With Other Cities

Milford vs Delaware CityMilford vs ArdenMilford vs ArdencroftMilford vs Ardentown

Frequently Asked Questions about Milford

What is the population of Milford, DE?

The population of Milford, DE is 12,193 according to the latest Census data.

What is the median household income in Milford?

The median household income in Milford, DE is $55,265 per year.

What is the median home value in Milford?

The median home value in Milford, DE is $274,600.

What is the average rent in Milford?

The median monthly rent in Milford, DE is $1,182.

What is the unemployment rate in Milford?

The unemployment rate in Milford, DE is 5.6%.

Explore More

Cost of Living in DelawareMost Populated Cities in DelawareCheapest Cities in DelawareHighest Income Cities in DelawareLowest Rent in DelawareBest Cities for FamiliesBest Cities for Young ProfessionalsBest Cities for RetireesGuide: Cost Of LivingGuide: Moving GuideMilford vs ArdenMilford vs ArdencroftMilford vs Ardentown