');
US City Data

Milford, OH

Population 6,525 · Ohio

Population
6,525
Median Income
$72,907
Median Home Value
$228,200
Median Rent
$865/mo

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.

Income vs National
$72,907
National: $75,149
Ohio: $71,814
Home Value vs National
$228,200
National: $244,900
Ohio: $174,449
Rent vs National
$865
National: $1,163
Ohio: $947
Unemployment vs National
4.4%
National: 3.7%
Ohio: 5.9%

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.

CityPopulationMedian IncomeHome Value
Hillsboro6,539$45,197$136,900Compare
Moraine6,503$44,648$128,100Compare
South Lebanon6,552$110,729$315,800Compare
Howland Center6,564$84,306$179,700Compare
Upper Sandusky6,580$72,379$151,300Compare
Northgate6,585$75,423$175,300Compare
Wheelersburg6,414$70,795$209,200Compare
Ontario6,649$65,905$163,300Compare

Demographics

46.8
Median Age
3,013
Male
3,512
Female
2.4%
Foreign Born

Racial & Ethnic Composition

White0Hispanic/Latino0.3Black0.2Asian0Two or More1.3

Economy & Education

4.4%
Unemployment Rate
9.5%
Poverty Rate
38.1%
Bachelor's Degree+
21.4 min
Avg Commute

Housing

3,515
Total Housing Units
1,692
Owner Occupied
1,722
Renter Occupied

Other Cities in Ohio

Milford CenterNew Haven Cdp Hamilton County OhioNew Haven Cdp Huron County OhioNewport Cdp Shelby County OhioNewport Cdp Washington County OhioOakwood Village Cuyahoga County Ohio

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

Compare Milford With Other Cities

Milford vs Milford CenterMilford vs New Haven Cdp Hamilton County OhioMilford vs New Haven Cdp Huron County OhioMilford vs Newport Cdp Shelby County Ohio

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%.

Explore More

Cost of Living in OhioMost Populated Cities in OhioCheapest Cities in OhioHighest Income Cities in OhioLowest Rent in OhioBest Cities for FamiliesBest Cities for Young ProfessionalsBest Cities for RetireesGuide: Cost Of LivingGuide: Moving GuideMilford vs AberdeenMilford vs AdaMilford vs Adamsville