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CITY · 2020 ACS

Milford

Iowa · 3,321 residents · 2.151 sq mi
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The short version

Milford has lower-than-average household income, with a median household income of $54,375. Population has grown 34% since 2000. Median home value has more than doubled since 2000, reaching $138,900. Poverty is rare here, at 5.8% of residents.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 41.0
US median: 38.8
Less educated
25% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
3,321
+34%since 2000
from 2,474 in 2000
1990 – 2025
Population density
1,544 / sq mi
+34%since 2000
from 1,150 / sq mi in 2000
US average: 280
Median age
41.0
+4%since 2000
from 39.4 in 2000
US average: 38.8
Population, 1990 – 2024
2K2K3K3K3K1990201020202024Milford
20243K
1990201020202024
Section 02

Income & economy

Median household income
$54,375
Unchangedinflation adjusted, since 2000
from $36,063 in 2000
US average: $66,278
1990 – 2024
Per capita income
$30,342
+82%since 2000
from $16,680 in 2000
US average: $35,364
Households earning $100K+
29.1%
+13.8 ptssince 2009
from 15.3% in 2009
US average: 43.9%
Poverty rate
5.8%
−1.2 ptssince 2000
from 6.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade21.5%
US avg: 10%
Information12.3%
US avg: 11.1%
Other services4.3%
US avg: 6.6%
Public administration4.3%
US avg: 4.7%
Transportation & warehousing4.1%
US avg: 2.5%
Wholesale trade4%
US avg: 6.7%
Finance & insurance2.2%
US avg: 5.5%
Professional, scientific, technical1.6%
US avg: 4.7%
Agriculture, forestry, fishing1.5%
US avg: 1.7%
Construction1.5%
US avg: 1.2%
Education & health services0.5%
US avg: 0.8%
Arts, entertainment, food0.4%
US avg: 2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$138,900
+22%inflation adjusted, since 2000
from $75,900 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$761
+28%inflation adjusted, since 2000
from $397 in 2000
US average: $1,124
Owner-occupied
72.5%
−1.2 ptssince 2000
from 73.6% in 2000
27.5% rent
Afford Score
2.6
+21%since 2000
from 2.1 in 2000
1990 – 2024
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)
2020
White, non-Hispanic91.7%(3,045)
Black0.8%(27)
Hispanic / Latino3.7%(122)
Asian0.6%(20)
Other1.5%(48)
Diversity Score15.9%(528)
Diversity Score
16
+380%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
25.2%
+10.2 ptssince 2000
from 15.0% in 2000
US average: 32.9%
High school or higher
93.3%
+5.3 ptssince 2000
from 87.9% in 2000
US average: 88.5%
Graduate degree
5.5%
+1.0 ptssince 2000
from 4.5% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
17.5 min
+73%since 2000
from 10.2 min in 2000
US average: 26.9
Drive alone to work
81.1%
+6.7 ptssince 2009
from 74.4% in 2009
US average: 75.1%
No vehicle available
3.8%
+2.4 ptssince 2009
from 1.4% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.1%
−6.3 ptssince 2011
from 7.4% in 2011
US average: 5.4%
Labor force participation
70.4%
−7.3 ptssince 2011
from 77.6% in 2011
US average: 63.4%
Management & professional
32.4%
−25.1 ptssince 2009
from 57.5% in 2009
US average: 39.3%
Section 08

People & community

Male
48.5%
Unchangedsince 2009
from 48.5% in 2009
Female
51.5%
Unchangedsince 2009
from 51.5% in 2009
Foreign born
0.3%
+0.2 ptssince 2009
from 0.1% in 2009
US average: 13.5%
Uninsured
4.4%
−77.9 ptssince 2013
from 82.3% in 2013
US average: 8.8%
Drill deeper

Places similar to Milford

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Compare Milford to nearby cities

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Income$59,667+10%
Home value$184,800+33%
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MILFORD VS
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MILFORD VS
Fairmont
Income$53,084−2%
Home value$169,900+22%
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MILFORD VS
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Income$62,765+15%
Home value$172,200+24%
Population11,590+261%
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Frequently asked

How many people live in Milford, Iowa?

Milford, Iowa has about 3,321 residents according to the 2020 American Community Survey.

What is the median household income in Milford, Iowa?

The typical household in Milford, Iowa earns about $54,375 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 $138,900, and the typical rent is about $761 a month.

How educated are people in Milford, Iowa?

About 25.2% 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 5.8% 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 1,148 residents, a change of about 53 percent over that period.

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

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