Milford, MA
Population 27,919 · Massachusetts
About Milford, MA
Milford is a mid-sized city located in Massachusetts with a population of 27,919 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,992 per year, which is 18% above the national median of $75,149. The median age of 38.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Milford features a median home value of $429,800, which is 76% above the national median of $244,900. This places Milford in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,702, 46% above the national average of $1,163/month. Of the 10,758 total housing units, 65% are owner-occupied (6,783 units) and 35% are renter-occupied (3,609 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Milford shows an unemployment rate of 4.8%, which is near the national rate of 3.7%. The poverty rate stands at 9.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Milford have an average one-way commute time of 35.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
31.6% of Milford 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 0.2% White, 5.6% Hispanic or Latino, 3.3% Black or African American, and 11.9% Asian residents, with 31.5% of the population being foreign-born.
Cost of Living in Milford, MA
Compared to national averages, Milford has a median household income of $88,992 (18% above the national median of $75,149). Home values average $429,800, which is 76% above the national median. Monthly rent at $1,702 is 46% above the US average of $1,163. Within Massachusetts, Milford's income is 16% below the state average of $105,630, and home values are 23% below the state median of $561,296.
Why Live in Milford, MA?
Milford offers a strong local economy with a median household income of $88,992, well above the national average, and a low poverty rate of 9.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $429,800. However, Milford’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Milford has a population of 27,919 with a median age of 38.6 years. Compare Milford with other cities to see how it stacks up, or explore all cities in Massachusetts.
Similar Cities Near Milford
Cities in Massachusetts with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Danvers | 27,924 | $117,072 | $611,200 | Compare |
| Milton | 28,481 | $178,053 | $896,500 | Compare |
| Agawam Town | 28,510 | $82,359 | $290,000 | Compare |
| Wakefield | 27,284 | $130,320 | $670,100 | Compare |
| Saugus | 28,599 | $100,819 | $589,500 | Compare |
| West Springfield Town | 28,635 | $70,401 | $307,900 | Compare |
| Northampton | 28,640 | $78,467 | $398,000 | Compare |
| Bridgewater Town | 28,669 | $112,482 | $500,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Massachusetts
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Milford With Other Cities
Frequently Asked Questions about Milford
What is the population of Milford, MA?
The population of Milford, MA is 27,919 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Massachusetts.
What is the median household income in Milford?
The median household income in Milford, MA is $88,992 per year, which is 18% above the national median of $75,149.
What is the median home value in Milford?
The median home value in Milford, MA is $429,800, which is 76% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Milford?
The median monthly rent in Milford, MA is $1,702, which is 46% above the national average of $1,163/month.
What is the unemployment rate in Milford?
The unemployment rate in Milford, MA is 4.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Milford, MA a good place to live?
Milford offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 27,919 and a median age of 38.6, the city appeals to a broad range of residents.
How educated is Milford, MA?
31.6% of residents in Milford 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?
Key cost-of-living indicators for Milford, MA: median home value is $429,800 (76% above national), median rent is $1,702/month, and median household income is $88,992. The home-value-to-income ratio is 4.8x, a moderate figure by national standards.
What is the poverty rate in Milford?
The poverty rate in Milford, MA is 9.0%, 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, MA?
Milford's population is 0.2% White, 5.6% Hispanic or Latino, 3.3% Black or African American, 11.9% Asian, and 3.3% two or more races. 31.5% of residents are foreign-born.