Milford, IN

Census Place

2024 Population

1,661

US Senator

Todd Young

Republican Party

US Senator

Jim Banks

Republican Party

2024 Median Age

15.6% 1-year increase

2024 Poverty Rate

9.43%

97.2% 1-year increase

2024 Median Household Income

$51,667

0.667% 1-year decline

2024 Median Property Value

$159,700

Population & Diversity

Milford, IN is home to a population of 1.66k people, from which 92.4% are citizens.

As of 2024, 9.81% of Milford, IN residents were born outside of the country (163 people).

In 2024, there were 8.72 times more White (Non-Hispanic) residents (1.31k people) in Milford, IN than any other race or ethnicity. There were 150 Two Races Including Other (Hispanic) and 118 White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

92.4%

2024 Citizenship

92.7%

2023 Citizenship

As of 2024, 92.4% of Milford, IN residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Milford, IN was 92.7%, meaning that the rate of citizenship has been decreasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Milford, IN

White (Non-Hispanic)
1.31k ± 334
Two Races Including Other (Hispanic)
150 ± 148
White (Hispanic)
118 ± 121

18.1%

Hispanic Population

300 people

18.1% of the people in Milford, IN are hispanic (300 people).

The following chart shows the 8 races represented in Milford, IN 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 Indiana.

Most Common Origin

Mexico
111,417 ± 8,128 people
India
37,388 ± 4,734 people
Nigeria
18,164 ± 3,304 people

In 2024, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 111,417 Indiana residents, followed by India with 37,388 and Nigeria with 18,164.

Foreign-Born Population

9.81%

2024 Foreign-Born Population

163 people

8.8%

2023 Foreign-Born Population

172 people

As of 2024, 9.81% of Milford, IN residents (163 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, IN was 8.8%, meaning that the rate has been increasing.

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

Military

Veterans

Most Common Service Period

Vietnam
38 ± 43
Gulf War (2001-)
35 ± 45
Gulf War (1990s)
12 ± 26

Milford, IN has a large population of military personnel who served in Vietnam, 1.09 times greater than any other conflict.

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

Economy

The economy of Milford, IN employs 917 people. In 2024, the largest industries in Milford, IN were Manufacturing (456 people), Retail Trade (74 people), and Health Care & Social Assistance (62 people), and the highest paying industries were Public Administration ($58,333), Transportation & Warehousing ($54,250), and Transportation & Warehousing, & Utilities ($54,250).

Employment

Occupations

917

2024 Value

± 215

−3.07%

1 Year decline

± 33.1%

From 2023 to 2024, employment in Milford, IN declined at a rate of −3.07%, from 946 employees to 917 employees.

The most common job groups, by number of people living in Milford, IN, are Production Occupations (172 people), Office & Administrative Support Occupations (140 people), and Material Moving Occupations (135 people). This chart illustrates the share breakdown of the primary jobs held by residents of Milford, IN.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Indiana (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

917

2024 Value

± 215

−3.07%

1 Year decline

± 33.1%

From 2023 to 2024, employment in Milford, IN declined at a rate of −3.07%, from 946 employees to 917 employees.

The most common employment sectors for those who live in Milford, IN, are Manufacturing (456 people), Retail Trade (74 people), and Health Care & Social Assistance (62 people). This chart shows the share breakdown of the primary industries for residents of Milford, IN, though some of these residents may live in Milford, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$52,794

Median earning men ± $9,036

$32,198

Median earning women ± $5,798

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($72,083), Agriculture, Forestry, Fishing & Hunting, & Mining ($61,382), and Manufacturing ($56,250).

The industries with the best median earnings for women in 2024 are Public Administration ($58,250), Educational Services, & Health Care & Social Assistance ($43,214), and Manufacturing ($35,032).

Housing & Living

The median property value in Milford, IN was $159,700 in 2024, which is 0.48 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $135,300 to $159,700, a 18% increase. The homeownership rate in Milford, IN is 76.3%, which is higher than the national average of 65.2%.

People in Milford, IN have an average commute time of 23.9 minutes, and they drove alone to work. Car ownership in Milford, IN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$159,700

Median Property Value 2024

±$25,057

$568

Median Property Taxes

±$181

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, IN the largest share of households pay taxes in the < $800 range.

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

Rent vs Own

76.3%

Homeownership

2024

60.6%

Homeowners with Mortgage

2024

In 2024, 76.3% of the housing units in Milford, IN were occupied by their owner. This percentage declined from the previous year's rate of 81.5%.

This chart shows the percentage of owner in Milford, IN 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.

$51,667

Median Household Income

± $22,916

744

Number of Households

± 196

In 2024, the median household income of the 744 households in Milford, IN declined from $51,667 from the previous year's value of $52,014.

The following chart displays the households in Milford, IN 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 $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Milford, IN is from Indiana.

0.442

2024 Wage GINI in Indiana

0.445

2023 Wage GINI in Indiana

In 2024, the income inequality in Indiana was 0.442 according to the GINI calculation of the wage distribution. Income inequality had a 0.807% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

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

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (87.4%)
Carpooled (6.66%)
Walked (4.97%)

In 2024, 87.4% of workers in Milford, IN drove alone to work, followed by those who carpooled to work (6.66%) and those who walked to work (4.97%).

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

23.9 minutes

Average Travel Time

Using averages, employees in Milford, IN have a shorter commute time (23.9 minutes) than the normal US worker (26.4 minutes). Additionally, 2.95% of the workforce in Milford, IN have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

9.43% of the population for whom poverty status is determined in Milford, IN (151 out of 1.6k 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 Males 75+, followed by Females 12 - 14 and then Males 18 - 24.

The most common racial or ethnic group living below the poverty line in Milford, IN is White, followed by Hispanic and Other.

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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