Milford, UT
Population 1,400 · Utah
About Milford, UT
Milford is a small town located in Utah with a population of 1,400 residents according to the latest US Census Bureau American Community Survey data. The median household income is $79,861 per year, which is 6% above the national median of $75,149. The median age of 30.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Milford features a median home value of $243,500, which is 1% below the national median of $244,900. This positions Milford in a moderately priced market relative to the rest of the country. Median monthly rent is $872, 25% below the national average of $1,163/month. Of the 541 total housing units, 71% are owner-occupied (319 units) and 29% are renter-occupied (129 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Milford shows an unemployment rate of 6.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Milford have an average one-way commute time of 15.6 minutes, one of the shorter commutes in the region.
Education & Demographics
27.1% 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 14.1% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 1.8% Asian residents, with 9.1% of the population being foreign-born.
How Milford Ranks in Utah
Cost of Living in Milford, UT
Compared to national averages, Milford has a median household income of $79,861 (6% above the national median of $75,149). Home values average $243,500, which is 1% below the national median. Monthly rent at $872 is 25% below the US average of $1,163. Within Utah, Milford's income is 10% below the state average of $88,715, and home values are 43% below the state median of $426,386.
Why Live in Milford, UT?
Milford offers a strong local economy with a median household income of $79,861, well above the national average, and affordable housing with a median home value of $243,500, below the US average of $244,900, and rent that’s lower than the national average at $872/month. Additionally, the city features a low poverty rate of 7.1%, better than the national average, and short commute times averaging just 15.6 minutes.
Milford has a population of 1,400 with a median age of 30.5 years. Compare Milford with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Milford
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Apple Valley | 1,399 | $89,375 | $498,400 | Compare |
| Carbonville | 1,410 | $64,405 | $208,500 | Compare |
| Fairview | 1,389 | $59,750 | $256,200 | Compare |
| Honeyville | 1,383 | $80,347 | $435,500 | Compare |
| South Willard | 1,378 | $114,063 | $537,800 | Compare |
| West Mountain | 1,371 | $107,222 | $639,300 | Compare |
| Ferron | 1,361 | $68,324 | $213,300 | Compare |
| Woodland Hills | 1,439 | $137,426 | $736,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Utah
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, UT?
The population of Milford, UT is 1,400 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Utah.
What is the median household income in Milford?
The median household income in Milford, UT is $79,861 per year, which is 6% above the national median of $75,149.
What is the median home value in Milford?
The median home value in Milford, UT is $243,500, which is 1% below 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, UT is $872, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Milford?
The unemployment rate in Milford, UT is 6.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Milford, UT a good place to live?
Milford offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 1,400 and a median age of 30.5, the city appeals to young professionals and families.
How educated is Milford, UT?
27.1% 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, UT: median home value is $243,500 (1% below national), median rent is $872/month, and median household income is $79,861. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Milford?
The poverty rate in Milford, UT is 7.1%, 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, UT?
Milford's population is 14.1% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 1.8% Asian, and 0.1% two or more races. 9.1% of residents are foreign-born.