South Milford, IN
Population 243 · Indiana
About South Milford, IN
South Milford is a small community in Indiana with a population of 243 residents. The median household income is $114,968 per year, which is above the national average. The median age in South Milford is 47 years.
Housing in South Milford has a median home value of $183,100 and median monthly rent of $0. Of the 101 total housing units, the majority are owner-occupied, with 101 owner-occupied and 0 renter-occupied units.
The unemployment rate in South Milford is 0.0% and the poverty rate is 0.0%. 18.1% of residents hold a bachelor's degree or higher. The average commute time is 26.7 minutes.
Cost of Living in South Milford, IN
Compared to national averages, South Milford has a median household income of $114,968 (53% above the national median of $75,149). Home values average $183,100, which is 25% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, South Milford's income is 66% above the state average of $69,330, and home values are 12% above the state median of $163,409.
Why Live in South Milford, IN?
South Milford offers a strong local economy with a median household income of $114,968, well above the national average, and affordable housing with a median home value of $183,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 0.0%, better than the national average.
South Milford has a population of 243 with a median age of 47 years. Compare South Milford with other cities to see how it stacks up, or explore all cities in Indiana.
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Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about South Milford
What is the population of South Milford, IN?
The population of South Milford, IN is 243 according to the latest Census data.
What is the median household income in South Milford?
The median household income in South Milford, IN is $114,968 per year.
What is the median home value in South Milford?
The median home value in South Milford, IN is $183,100.
What is the average rent in South Milford?
The median monthly rent in South Milford, IN is $0.
What is the unemployment rate in South Milford?
The unemployment rate in South Milford, IN is 0.0%.