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US City Data

Milford, NH

Population 8,857 · New Hampshire

Population
8,857
Median Income
$81,042
Median Home Value
$337,900
Median Rent
$1,388/mo

About Milford, NH

Milford is a small community in New Hampshire with a population of 8,857 residents. The median household income is $81,042 per year, which is above the national average. The median age in Milford is 38.9 years.

Housing in Milford has a median home value of $337,900 and median monthly rent of $1,388. Of the 3,933 total housing units, the majority are owner-occupied, with 2,310 owner-occupied and 1,486 renter-occupied units.

The unemployment rate in Milford is 2.9% and the poverty rate is 6.2%. 30.7% of residents hold a bachelor's degree or higher. The average commute time is 28.3 minutes.

How Milford Ranks in New Hampshire

Most Populated Cities
#18
of 50 cities · 8,857
Highest Income Cities
#35
of 50 cities · $81,042
Best Job Markets
#31
of 50 cities · 2.9%

Cost of Living in Milford, NH

Compared to national averages, Milford has a median household income of $81,042 (8% above the national median of $75,149). Home values average $337,900, which is 38% above the national median. Monthly rent at $1,388 is 19% above the US average of $1,163. Within New Hampshire, Milford's income is 2% above the state average of $79,671, and home values are 11% above the state median of $303,204.

Income vs National
$81,042
National: $75,149
New Hampshire: $79,671
Home Value vs National
$337,900
National: $244,900
New Hampshire: $303,204
Rent vs National
$1,388
National: $1,163
New Hampshire: $1,260
Unemployment vs National
2.9%
National: 3.7%
New Hampshire: 4.5%

Why Live in Milford, NH?

Milford offers a strong local economy with a median household income of $81,042, well above the national average, and a strong job market with an unemployment rate of just 2.9%, and a low poverty rate of 6.2%, better than the national average.

Milford has a population of 8,857 with a median age of 38.9 years. Compare Milford with other cities to see how it stacks up, or explore all cities in New Hampshire.

Similar Cities Near Milford

Cities in New Hampshire with a similar population size.

CityPopulationMedian IncomeHome Value
Franklin8,757$69,870$243,800Compare
Hanover8,520$135,250$682,100Compare
Berlin9,473$43,972$113,500Compare
Hampton9,960$96,322$488,400Compare
Exeter10,138$83,862$349,300Compare
Durham10,577$109,934$451,000Compare
Hudson7,105$88,193$330,700Compare
South Hooksett5,806$115,592$383,800Compare

Demographics

38.9
Median Age
4,134
Male
4,723
Female
3.4%
Foreign Born

Racial & Ethnic Composition

White0.6Hispanic/Latino1.2Black1.1Asian1Two or More0.3

Economy & Education

2.9%
Unemployment Rate
6.2%
Poverty Rate
30.7%
Bachelor's Degree+
28.3 min
Avg Commute

Housing

3,933
Total Housing Units
2,310
Owner Occupied
1,486
Renter Occupied

Other Cities in New Hampshire

New BostonNew HamptonNew LondonAltonAmherstAntrim

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

Compare Milford With Other Cities

Milford vs New BostonMilford vs New HamptonMilford vs New LondonMilford vs Alton

Frequently Asked Questions about Milford

What is the population of Milford, NH?

The population of Milford, NH is 8,857 according to the latest Census data.

What is the median household income in Milford?

The median household income in Milford, NH is $81,042 per year.

What is the median home value in Milford?

The median home value in Milford, NH is $337,900.

What is the average rent in Milford?

The median monthly rent in Milford, NH is $1,388.

What is the unemployment rate in Milford?

The unemployment rate in Milford, NH is 2.9%.

Explore More

Cost of Living in New HampshireMost Populated Cities in New HampshireCheapest Cities in New HampshireHighest Income Cities in New HampshireLowest Rent in New HampshireBest Cities for FamiliesBest Cities for Young ProfessionalsBest Cities for RetireesGuide: Cost Of LivingGuide: Moving GuideMilford vs AltonMilford vs AmherstMilford vs Antrim