Milford, IA

Census Place

2024 Population

3,311

US Senator

Chuck Grassley

Republican Party

US Senator

Joni Ernst

Republican Party

2024 Median Age

47.3

3.28% 1-year increase

2024 Poverty Rate

8.95%

70.1% 1-year increase

2024 Median Household Income

$63,369

4.62% 1-year growth

2024 Median Property Value

$218,400

Population & Diversity

Milford, IA is home to a population of 3.31k people, from which 99.8% are citizens.

As of 2024, 0.483% of Milford, IA residents were born outside of the country (16 people).

In 2024, there were 40.2 times more White (Non-Hispanic) residents (3.14k people) in Milford, IA than any other race or ethnicity. There were 78 Two Races Including Other (Hispanic) and 60 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.8%

2024 Citizenship

99.8%

2023 Citizenship

As of 2024, 99.8% of Milford, IA residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Milford, IA was 99.8%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Milford, IA compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Milford, IA

White (Non-Hispanic)
3.14k ± 105
Two Races Including Other (Hispanic)
78 ± 82
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
60 ± 48

2.93%

Hispanic Population

97 people

2.93% of the people in Milford, IA are hispanic (97 people).

The following chart shows the 8 races represented in Milford, IA as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Iowa.

Most Common Origin

Mexico
44,333 ± 5,134 people
India
11,889 ± 2,672 people
Guatemala
8,189 ± 2,219 people

In 2024, the most common birthplace for the foreign-born residents of Iowa was Mexico, the natal country of 44,333 Iowa residents, followed by India with 11,889 and Guatemala with 8,189.

Foreign-Born Population

0.483%

2024 Foreign-Born Population

16 people

0.241%

2023 Foreign-Born Population

8 people

As of 2024, 0.483% of Milford, IA residents (16 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Milford, IA was 0.241%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Milford, IA compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
78 ± 43
Gulf War (1990s)
34 ± 31
Gulf War (2001-)
17 ± 31

Milford, IA has a large population of military personnel who served in Vietnam, 2.29 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Milford, IA.

Economy

The economy of Milford, IA employs 1.82k people. In 2024, the largest industries in Milford, IA were Health Care & Social Assistance (457 people), Retail Trade (305 people), and Other Services, Except Public Administration (168 people), and the highest paying industries were Transportation & Warehousing, & Utilities ($78,438), Public Administration ($68,561), and Construction ($65,560).

Employment

Occupations

1.82k

2024 Value

± 267

−1.62%

1 Year decline

± 20.9%

From 2023 to 2024, employment in Milford, IA declined at a rate of −1.62%, from 1.85k employees to 1.82k employees.

The most common job groups, by number of people living in Milford, IA, are Sales & Related Occupations (267 people), Office & Administrative Support Occupations (184 people), and Food Preparation & Serving Related Occupations (176 people). This chart illustrates the share breakdown of the primary jobs held by residents of Milford, IA.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Iowa.

This chart shows weekly unemployment insurance claims in Iowa (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

1.82k

2024 Value

± 267

−1.62%

1 Year decline

± 20.9%

From 2023 to 2024, employment in Milford, IA declined at a rate of −1.62%, from 1.85k employees to 1.82k employees.

The most common employment sectors for those who live in Milford, IA, are Health Care & Social Assistance (457 people), Retail Trade (305 people), and Other Services, Except Public Administration (168 people). This chart shows the share breakdown of the primary industries for residents of Milford, IA, though some of these residents may live in Milford, IA and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$48,056

Median earning men ± $8,290

$39,545

Median earning women ± $6,594

The industries with the best median earnings for men in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($140,583), Transportation & Warehousing, & Utilities ($78,438), and Finance & Insurance, & Real Estate & Rental & Leasing ($71,250).

The industries with the best median earnings for women in 2024 are Public Administration ($68,902), Professional, Scientific, & Management, & Administrative & Waste Management Services ($47,981), and Educational Services, & Health Care & Social Assistance ($41,144).

Housing & Living

The median property value in Milford, IA was $218,400 in 2024, which is 0.656 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $211,000 to $218,400, a 3.51% increase. The homeownership rate in Milford, IA is 70.1%, which is higher than the national average of 65.2%.

People in Milford, IA have an average commute time of 19.4 minutes, and they drove alone to work. Car ownership in Milford, IA is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$218,400

Median Property Value 2024

±$22,278

$1,095

Median Property Taxes

±$195

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Milford, IA the largest share of households pay taxes in the $2k - $3k range.

The chart underneath the paragraph shows the property taxes in Milford, IA compared to it's parent and neighbor geographies.

Rent vs Own

70.1%

Homeownership

2024

61.6%

Homeowners with Mortgage

2024

In 2024, 70.1% of the housing units in Milford, IA were occupied by their owner. This percentage grew from the previous year's rate of 69.7%.

This chart shows the percentage of owner in Milford, IA compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$63,369

Median Household Income

± $8,506

1.56k

Number of Households

± 249

In 2024, the median household income of the 1.56k households in Milford, IA grew to $63,369 from the previous year's value of $60,571.

The following chart displays the households in Milford, IA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Milford, IA is from Iowa.

0.435

2024 Wage GINI in Iowa

0.441

2023 Wage GINI in Iowa

In 2024, the income inequality in Iowa was 0.435 according to the GINI calculation of the wage distribution. Income inequality had a 1.29% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Iowa was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Iowa in comparison to the national average.

This chart shows the number of workers in Iowa across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (77.5%)
Carpooled (12.8%)
Worked At Home (4.02%)

In 2024, 77.5% of workers in Milford, IA drove alone to work, followed by those who carpooled to work (12.8%) and those who worked at home (4.02%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

19.4 minutes

Average Travel Time

Using averages, employees in Milford, IA have a shorter commute time (19.4 minutes) than the normal US worker (26.4 minutes). Additionally, 2.87% of the workforce in Milford, IA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Milford, IA compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Milford, IA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Milford, IA have 2 cars.

Poverty

Poverty & Diversity

8.95% of the population for whom poverty status is determined in Milford, IA (292 out of 3.26k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 18 - 24, followed by Males 45 - 54 and then Females 65 - 74.

The most common racial or ethnic group living below the poverty line in Milford, IA is White, followed by Two Or More and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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