Milford Mill, MD
Population 31,939 · Maryland
About Milford Mill, MD
Milford Mill is a mid-sized city located in Maryland with a population of 31,939 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,676 per year, which is 2% above the national median of $75,149. The median age of 36.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Milford Mill features a median home value of $269,900, which is 10% above the national median of $244,900. This positions Milford Mill in a moderately priced market relative to the rest of the country. Median monthly rent is $1,576, 36% above the national average of $1,163/month. Of the 12,590 total housing units, 45% are owner-occupied (5,288 units) and 55% are renter-occupied (6,593 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Milford Mill shows an unemployment rate of 6.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Milford Mill have an average one-way commute time of 30.4 minutes.
Education & Demographics
30.6% of Milford Mill residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.9% White, 0.7% Hispanic or Latino, 1.9% Black or African American, and 3.9% Asian residents, with 15.5% of the population being foreign-born.
How Milford Mill Ranks in Maryland
Cost of Living in Milford Mill, MD
Compared to national averages, Milford Mill has a median household income of $76,676 (2% above the national median of $75,149). Home values average $269,900, which is 10% above the national median. Monthly rent at $1,576 is 36% above the US average of $1,163. Within Maryland, Milford Mill's income is 29% below the state average of $107,956, and home values are 33% below the state median of $402,447.
Why Live in Milford Mill, MD?
Milford Mill offers a strong local economy with a median household income of $76,676, well above the national average, and a low poverty rate of 7.0%, better than the national average.
Milford Mill has a population of 31,939 with a median age of 36.5 years. Compare Milford Mill with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Milford Mill
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Middle River | 31,616 | $74,198 | $251,200 | Compare |
| Bel Air North | 31,599 | $137,995 | $422,700 | Compare |
| Pasadena | 32,717 | $119,393 | $406,900 | Compare |
| Salisbury | 33,080 | $56,402 | $217,500 | Compare |
| Eldersburg | 30,626 | $146,598 | $478,800 | Compare |
| Parkville | 30,423 | $78,405 | $251,100 | Compare |
| Crofton | 29,878 | $147,250 | $507,000 | Compare |
| Montgomery Village | 34,161 | $96,487 | $367,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Milford Mill With Other Cities
Frequently Asked Questions about Milford Mill
What is the population of Milford Mill, MD?
The population of Milford Mill, MD is 31,939 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Maryland.
What is the median household income in Milford Mill?
The median household income in Milford Mill, MD is $76,676 per year, which is 2% above the national median of $75,149.
What is the median home value in Milford Mill?
The median home value in Milford Mill, MD is $269,900, which is 10% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Milford Mill?
The median monthly rent in Milford Mill, MD is $1,576, which is 36% above the national average of $1,163/month.
What is the unemployment rate in Milford Mill?
The unemployment rate in Milford Mill, MD is 6.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Milford Mill, MD a good place to live?
Milford Mill offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 31,939 and a median age of 36.5, the city appeals to a broad range of residents.
How educated is Milford Mill, MD?
30.6% of residents in Milford Mill aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Milford Mill?
Key cost-of-living indicators for Milford Mill, MD: median home value is $269,900 (10% above national), median rent is $1,576/month, and median household income is $76,676. The home-value-to-income ratio is 3.5x, a moderate figure by national standards.
What is the poverty rate in Milford Mill?
The poverty rate in Milford Mill, MD is 7.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Milford Mill, MD?
Milford Mill's population is 2.9% White, 0.7% Hispanic or Latino, 1.9% Black or African American, 3.9% Asian, and 80.5% two or more races. 15.5% of residents are foreign-born.