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CITY

Milford

New Jersey · 1,224 residents (2025 est.) · 1.182 sq mi
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The short version

Milford has lower-than-average household income, with a median household income of $71,806. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $333,600. With a median age of 47.0, the population is older than the US median of 38.9. Households here earn about 31% less than the New Jersey median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 47.0
US median: 38.9
Average education
37% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,166
−2%since 2000
from 1,195 in 2000
1990 – 2025
Population density
986 / sq mi
−2%since 2000
from 1,011 / sq mi in 2000
US average: 281
Median age
47.0
+21%since 2000
from 38.7 in 2000
US average: 38.9

PEP 2025 EST:1,224 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
1K1K1K1K1K1990201020202024Milford
20241K
1990201020202024
Section 02

Income & economy

Median household income
$71,806
−28%inflation adjusted, since 2000
from $54,519 in 2000
US average: $82,259
1990 – 2024
Per capita income
$43,270
+73%since 2000
from $25,039 in 2000
US average: $44,673
Households earning $100K+
49.1%
+0.4 ptssince 2009
from 48.7% in 2009
US average: 53.3%
Poverty rate
8.8%
+5.1 ptssince 2000
from 3.7% in 2000
US average: 12.5%
Income inequality (Gini)
0.418
+33%since 2010
from 0.314 in 2010
US average: 0.476
Workforce by industry, 2024
Information17.3%
US avg: 10.8%
Retail trade6.7%
US avg: 9.9%
Wholesale trade6.4%
US avg: 6.9%
Finance & insurance6.2%
US avg: 5.9%
Professional, scientific, technical5.5%
US avg: 5.1%
Other services4.4%
US avg: 6.7%
Public administration4.4%
US avg: 4.8%
Transportation & warehousing3.7%
US avg: 2.2%
Agriculture, forestry, fishing1.2%
US avg: 1.6%
Construction1.2%
US avg: 1.2%
Education & health services0.7%
US avg: 0.9%
Arts, entertainment, food0.4%
US avg: 1.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$333,600
+20%inflation adjusted, since 2000
from $152,200 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,523
+5%inflation adjusted, since 2000
from $794 in 2000
US average: $1,442
Owner-occupied
71.8%
+3.5 ptssince 2000
from 68.2% in 2000
28.2% rent
Vacancy rate
8.4%
+6.5 ptssince 2009
from 1.9% in 2009
US average: 10.0%
Owner cost-burdened
38.8%
−5.7 ptssince 2009
from 44.4% in 2009
US average: 22.9%
Renter cost-burdened
42.3%
−0.8 ptssince 2009
from 43.1% in 2009
US average: 47.4%
Afford Score
4.6
+66%since 2000
from 2.8 in 2000
1990 – 2024
Gentrification Score
24
RELATED:See current rent listings in Milford on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.8%(1,157)
Black0.2%(2)
Hispanic / Latino2%(24)
Asian0.4%(5)
Other0%
Diversity Score6.4%(76)
2024
White, non-Hispanic91.4%(1,066)
Black1.8%(21)
Hispanic / Latino4.3%(50)
Asian1.3%(15)
Other1.2%(14)
Diversity Score20.2%(236)
Diversity Score
20
+217%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
37.2%
+10.9 ptssince 2000
from 26.2% in 2000
US average: 35.6%
High school or higher
92.1%
+3.6 ptssince 2000
from 88.5% in 2000
US average: 89.6%
Graduate degree
12.7%
+6.2 ptssince 2000
from 6.5% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
32.6 min
+27%since 2000
from 25.6 min in 2000
US average: 26.5
Drive alone to work
65.2%
−25.1 ptssince 2009
from 90.4% in 2009
US average: 68.9%
Carpooled to work
10.6%
+6.8 ptssince 2009
from 3.8% in 2009
US average: 8.5%
Public transit
0.0%
−2.0 ptssince 2009
from 2.0% in 2009
US average: 3.2%
Worked from home
21.9%
+19.4 ptssince 2009
from 2.5% in 2009
US average: 15.0%
Walked to work
1.8%
+1.4 ptssince 2009
from 0.4% in 2009
US average: 2.4%
Biked to work
0.5%
+0.5 ptssince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
4.8%
+1.8 ptssince 2009
from 3.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.8%
−0.7 ptssince 2011
from 6.5% in 2011
US average: 5.2%
Labor force participation
59.9%
−13.3 ptssince 2011
from 73.1% in 2011
US average: 63.5%
Self-employed
18.0%
+4.6 ptssince 2009
from 13.4% in 2009
US average: 13.1%
Management & professional
47.9%
−18.1 ptssince 2009
from 66.0% in 2009
US average: 42.5%
Section 08

People & community

Male
44.3%
−2.3 ptssince 2009
from 46.5% in 2009
Female
55.7%
+2.3 ptssince 2009
from 53.5% in 2009
Foreign born
5.6%
+2.7 ptssince 2009
from 2.9% in 2009
US average: 14.1%
Veterans
4.5%
−41.6 ptssince 2009
from 46.0% in 2009
US average: 6.2%
With a disability
16.7%
+7.8 ptssince 2012
from 8.9% in 2012
US average: 13.3%
Uninsured
1.8%
−89.8 ptssince 2013
from 91.6% in 2013
US average: 8.4%
Broadband at home
92.0%
+11.5 ptssince 2017
from 80.5% in 2017
US average: 91.0%
English only at home
88.0%
−9.2 ptssince 2016
from 97.3% in 2016
US average: 77.7%
Spanish at home
2.4%
+0.1 ptssince 2016
from 2.3% in 2016
US average: 13.6%
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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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Frequently asked

How many people live in Milford, New Jersey?

Milford, New Jersey has about 1,166 residents according to the 2024 American Community Survey.

What is the median household income in Milford, New Jersey?

The typical household in Milford, New Jersey earns about $71,806 a year. Half of households make more than that, and half make less.

Is Milford, New Jersey expensive?

In Milford, New Jersey, the median home is worth about $333,600, and the typical rent is about $1,523 a month.

How educated are people in Milford, New Jersey?

About 37.2% of adults age 25 and over in Milford, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Milford, New Jersey?

About 8.8% of people in Milford, New Jersey live below the federal poverty line.

Has Milford, New Jersey grown since 1990?

Yes, Milford, New Jersey has shrunk since 1990. The population has lost about 107 residents, a change of about -8 percent over that period.

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

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