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CITY

Milford

Iowa · 3,209 residents (2025 est.) · 2.151 sq mi
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The short version

Milford has lower-than-average household income, with a median household income of $63,369. Population has grown 34% since 2000. 22% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has roughly tripled since 2000, reaching $218,400. With a median age of 47.3, the population is older than the US median of 38.9.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 47.3
US median: 38.9
Less educated
22% hold a bachelor's degree
US average: 36%
Less affordable
home values up 58%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,311
+34%since 2000
from 2,474 in 2000
1990 – 2025
Population density
1,539 / sq mi
+34%since 2000
from 1,150 / sq mi in 2000
US average: 281
Median age
47.3
+20%since 2000
from 39.4 in 2000
US average: 38.9

PEP 2025 EST:3,209 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
2K2K3K3K3K1990201020202024Milford
20243K
1990201020202024
Section 02

Income & economy

Median household income
$63,369
−4%inflation adjusted, since 2000
from $36,063 in 2000
US average: $82,259
1990 – 2024
Per capita income
$45,250
+171%since 2000
from $16,680 in 2000
US average: $44,673
Households earning $100K+
42.9%
+27.6 ptssince 2009
from 15.3% in 2009
US average: 53.3%
Poverty rate
8.9%
+2.0 ptssince 2000
from 6.9% in 2000
US average: 12.5%
Income inequality (Gini)
0.464
+16%since 2010
from 0.399 in 2010
US average: 0.476
Workforce by industry, 2024
Information16.7%
US avg: 10.8%
Other services7.8%
US avg: 6.7%
Public administration6.7%
US avg: 4.8%
Retail trade6.3%
US avg: 9.9%
Wholesale trade4.6%
US avg: 6.9%
Transportation & warehousing3.5%
US avg: 2.2%
Finance & insurance1.8%
US avg: 5.9%
Professional, scientific, technical1.3%
US avg: 5.1%
Arts, entertainment, food0.6%
US avg: 1.9%
Education & health services0.5%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$218,400
+58%inflation adjusted, since 2000
from $75,900 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$887
+23%inflation adjusted, since 2000
from $397 in 2000
US average: $1,442
Owner-occupied
70.1%
−3.5 ptssince 2000
from 73.6% in 2000
29.9% rent
Vacancy rate
11.3%
+7.3 ptssince 2009
from 3.9% in 2009
US average: 10.0%
Owner cost-burdened
18.9%
+3.1 ptssince 2009
from 15.8% in 2009
US average: 22.9%
Renter cost-burdened
37.3%
−12.0 ptssince 2009
from 49.3% in 2009
US average: 47.4%
Afford Score
3.4
+64%since 2000
from 2.1 in 2000
1990 – 2024
Gentrification Score
51
RELATED:See current rent listings in Milford on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.4%(2,434)
Black0.1%(3)
Hispanic / Latino0.8%(21)
Asian0.4%(9)
Other0%
Diversity Score3.3%(82)
2024
White, non-Hispanic94.7%(3,137)
Black0%(0)
Hispanic / Latino2.9%(97)
Asian0.2%(8)
Other2.1%(69)
Diversity Score12.6%(418)
Diversity Score
13
+281%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
21.8%
+6.8 ptssince 2000
from 15.0% in 2000
US average: 35.6%
High school or higher
97.1%
+9.2 ptssince 2000
from 87.9% in 2000
US average: 89.6%
Graduate degree
5.2%
+0.7 ptssince 2000
from 4.5% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
19.4 min
+91%since 2000
from 10.2 min in 2000
US average: 26.5
Drive alone to work
77.5%
+3.0 ptssince 2009
from 74.4% in 2009
US average: 68.9%
Carpooled to work
12.8%
−0.4 ptssince 2009
from 13.2% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
4.0%
−1.1 ptssince 2009
from 5.1% in 2009
US average: 15.0%
Walked to work
1.9%
−4.6 ptssince 2009
from 6.5% in 2009
US average: 2.4%
Biked to work
0.4%
+0.1 ptssince 2009
from 0.3% in 2009
US average: 0.4%
No vehicle available
2.1%
+0.7 ptssince 2009
from 1.4% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.2%
−3.3 ptssince 2011
from 7.4% in 2011
US average: 5.2%
Labor force participation
70.6%
−7.0 ptssince 2011
from 77.6% in 2011
US average: 63.5%
Self-employed
14.8%
+4.5 ptssince 2009
from 10.3% in 2009
US average: 13.1%
Management & professional
32.1%
−25.4 ptssince 2009
from 57.5% in 2009
US average: 42.5%
Section 08

People & community

Male
49.0%
+0.5 ptssince 2009
from 48.5% in 2009
Female
51.0%
−0.5 ptssince 2009
from 51.5% in 2009
Foreign born
0.5%
+0.4 ptssince 2009
from 0.1% in 2009
US average: 14.1%
Veterans
6.9%
−40.7 ptssince 2009
from 47.6% in 2009
US average: 6.2%
With a disability
16.5%
+4.9 ptssince 2012
from 11.6% in 2012
US average: 13.3%
Uninsured
2.4%
−79.9 ptssince 2013
from 82.3% in 2013
US average: 8.4%
Broadband at home
90.0%
+13.4 ptssince 2017
from 76.6% in 2017
US average: 91.0%
English only at home
99.1%
+1.2 ptssince 2016
from 97.9% in 2016
US average: 77.7%
Spanish at home
0.3%
−0.8 ptssince 2016
from 1.0% in 2016
US average: 13.6%
Drill deeper

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Compare Milford to nearby cities

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MILFORD VS
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MILFORD VS
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MILFORD VS
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Frequently asked

How many people live in Milford, Iowa?

Milford, Iowa has about 3,311 residents according to the 2024 American Community Survey.

What is the median household income in Milford, Iowa?

The typical household in Milford, Iowa earns about $63,369 a year. Half of households make more than that, and half make less.

Is Milford, Iowa expensive?

In Milford, Iowa, the median home is worth about $218,400, and the typical rent is about $887 a month.

How educated are people in Milford, Iowa?

About 21.8% of adults age 25 and over in Milford, Iowa hold a bachelor's degree or higher.

What is the poverty rate in Milford, Iowa?

About 8.9% of people in Milford, Iowa live below the federal poverty line.

Has Milford, Iowa grown since 1990?

Yes, Milford, Iowa has grown since 1990. The population has added about 1,138 residents, a change of about 52 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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