Milford
Milford has notably lower household income than the US average, with a median household income of $46,827. Population has fallen 23% since 2000, a loss of 317 residents. 22% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $74,600. The poverty rate of 26.8% is well above the national figure. Households here earn about 44% less than the Illinois median.
Population & growth
PEP 2025 EST:1,116 residents (Census Bureau Vintage 2025, released March 2026)
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Education
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People & community
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How many people live in Milford, Illinois?
Milford, Illinois has about 1,052 residents according to the 2024 American Community Survey.
What is the median household income in Milford, Illinois?
The typical household in Milford, Illinois earns about $46,827 a year. Half of households make more than that, and half make less.
Is Milford, Illinois expensive?
In Milford, Illinois, the median home is worth about $74,600, and the typical rent is about $716 a month.
How educated are people in Milford, Illinois?
About 22.4% of adults age 25 and over in Milford, Illinois hold a bachelor's degree or higher.
What is the poverty rate in Milford, Illinois?
About 26.8% of people in Milford, Illinois live below the federal poverty line.
Has Milford, Illinois grown since 1990?
Yes, Milford, Illinois has shrunk since 1990. The population has lost about 455 residents, a change of about -30 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024