Milford, OH
Population 6,525 · Ohio
About Milford, OH
Milford is a small community in Ohio with a population of 6,525 residents. The median household income is $72,907 per year, which is above the national average. The median age in Milford is 46.8 years.
Housing in Milford has a median home value of $228,200 and median monthly rent of $865. Of the 3,515 total housing units, renting is more common than owning, with 1,692 owner-occupied and 1,722 renter-occupied units.
The unemployment rate in Milford is 4.4% and the poverty rate is 9.5%. 38.1% of residents hold a bachelor's degree or higher. The average commute time is 21.4 minutes.
Cost of Living in Milford, OH
Compared to national averages, Milford has a median household income of $72,907 (3% below the national median of $75,149). Home values average $228,200, which is 7% below the national median. Monthly rent at $865 is 26% below the US average of $1,163. Within Ohio, Milford's income is 2% above the state average of $71,814, and home values are 31% above the state median of $174,449.
Why Live in Milford, OH?
Milford offers affordable housing with a median home value of $228,200, below the US average of $244,900, and rent that’s lower than the national average at $865/month, and a well-educated community where 38.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 9.5%, better than the national average, and short commute times averaging just 21.4 minutes.
Potential considerations include median household income ($72,907) 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 6,525 with a median age of 46.8 years. Compare Milford with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Milford
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hillsboro | 6,539 | $45,197 | $136,900 | Compare |
| Moraine | 6,503 | $44,648 | $128,100 | Compare |
| South Lebanon | 6,552 | $110,729 | $315,800 | Compare |
| Howland Center | 6,564 | $84,306 | $179,700 | Compare |
| Upper Sandusky | 6,580 | $72,379 | $151,300 | Compare |
| Northgate | 6,585 | $75,423 | $175,300 | Compare |
| Wheelersburg | 6,414 | $70,795 | $209,200 | Compare |
| Ontario | 6,649 | $65,905 | $163,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Milford
What is the population of Milford, OH?
The population of Milford, OH is 6,525 according to the latest Census data.
What is the median household income in Milford?
The median household income in Milford, OH is $72,907 per year.
What is the median home value in Milford?
The median home value in Milford, OH is $228,200.
What is the average rent in Milford?
The median monthly rent in Milford, OH is $865.
What is the unemployment rate in Milford?
The unemployment rate in Milford, OH is 4.4%.