Living in Milford Mill, Maryland
Cost of living, income, home prices, rent and demographics of Milford Mill · Census data 2020–2024
Milford Mill has 30,829 residents with a median age of 37.9. The median household income is $69,711 (33% lower than the Maryland median), the median home value is $273,600, the median rent is $1,653/month.
Milford Mill at a glance
- Population
- 30,829
- Median age
- 37.9State: 39.4
- Median household income
- $69,711State: $103,678
- Median home value
- $273,600State: $419,900
- Median rent
- $1,653/moState: $1,705
- Homeowners
- 46.4%
- Bachelor's degree or higher
- 31.2%
- Average commute
- 31 min
Is Milford Mill a good place to live?
Pros: Home values 35% lower than the state median; a poverty rate of 8.7%.
Cons: Median household income 33% lower than the Maryland median; an average commute of 31 minutes; unemployment of 6.7%.
The weather is best in May–June and August–September.
Cost of living in Milford Mill
Housing is the biggest part of the cost of living. In Milford Mill the median home value is $273,600, 18% lower than the U.S. median. Renters pay a median of $1,653 per month, which is 34.1% of household income. Homeowners with a mortgage pay $1,881 a month in housing costs.
Milford Mill median household income
The median household income in Milford Mill is $69,711 and the income per person is $36,507. 8.7% of residents live below the poverty line (Maryland: 9.4%).
Housing in Milford Mill: homes for sale and rent
- Housing units
- 12,505
- Owner-occupied
- 46.4%
- Renter-occupied
- 53.6%
- Vacant
- 5.9%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.59
Milford Mill demographics
- Population
- 30,829
- Median age
- 37.9
- Under 18
- 24.4%
- 65 and older
- 13%
- Households
- 11,773
- Foreign-born
- 15.3%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Milford Mill ›
Education in Milford Mill
31.2% of adults 25 and older in Milford Mill have a bachelor's degree or higher (Maryland: 43.4%), and 11.3% have a graduate or professional degree.
Jobs and commute in Milford Mill
- Unemployment rate
- 6.7%State: 4.9%
- Average commute
- 31 minState: 31 min
- Work from home
- 12.6%
- Drive alone
- 69.2%
- Public transit
- 4.5%
- Walk to work
- 0.7%
- Homes with broadband
- 88.8%
Milford Mill vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Milford Mill | 30,829 | $69,711 | $273,600 | $1,653 |
| Lochearn | 27,074 | $74,707 | $286,000 | $1,460 |
| Randallstown | 35,957 | $85,735 | $327,200 | $1,577 |
| Woodlawn | 40,379 | $82,466 | $294,200 | $1,494 |
| Garrison | 9,469 | $102,423 | $331,600 | $1,952 |
| Owings Mills | 37,245 | $96,243 | $361,000 | $1,841 |
| Pikesville | 33,524 | $98,465 | $434,500 | $1,707 |
| Catonsville | 43,368 | $114,109 | $416,900 | $1,724 |
| Ellicott City | 75,257 | $156,964 | $661,700 | $2,061 |
More for people moving to Milford Mill
Milford Mill ZIP code ›Weather and climate ›Living in Milford Mill: FAQ
What is the median household income in Milford Mill, MD?
The median household income in Milford Mill is $69,711, 33% lower than the Maryland median of $103,678 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Milford Mill?
The median home value in Milford Mill is $273,600, compared with $419,900 in Maryland.
How much is rent in Milford Mill?
The median gross rent in Milford Mill is $1,653 per month, about 34.1% of household income.
Is Milford Mill, MD a good place to live?
Pluses: home values 35% lower than the state median; a poverty rate of 8.7%. Minuses: median household income 33% lower than the Maryland median; an average commute of 31 minutes; unemployment of 6.7%.
What is the median age in Milford Mill?
The median age in Milford Mill is 37.9 years (Maryland: 39.4).
How long is the commute in Milford Mill?
The average commute to work in Milford Mill is 31 minutes; 12.6% of workers work from home.
What is the unemployment rate in Milford Mill?
The unemployment rate in Milford Mill is 6.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Milford Mill?
31.2% of adults in Milford Mill have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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