Living in Milford, Missouri
Cost of living, income, home prices, rent and demographics of Milford · Census data 2020–2024
Milford has 54 residents with a median age of 31.5. The median home value is $329,200.
Milford is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Milford at a glance
- Population
- 54
- Median age
- 31.5State: 39
- Median home value
- $329,200State: $230,300
- Homeowners
- 100%
- Bachelor's degree or higher
- 20.5%
Is Milford a good place to live?
Pros: A poverty rate of 1.9%.
Cons: Home values 43% higher than the state median.
The weather is best in May and August to October.
Cost of living in Milford
Housing is the biggest part of the cost of living. In Milford the median home value is $329,200, about the same as the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,500 a month in housing costs.
Housing in Milford: homes for sale and rent
- Housing units
- 17
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 3.18
Milford demographics
- Population
- 54
- Median age
- 31.5
- Under 18
- 27.8%
- 65 and older
- 7.4%
- Households
- 17
- Foreign-born
- 0%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Milford ›
Education in Milford
20.5% of adults 25 and older in Milford have a bachelor's degree or higher (Missouri: 32.4%), and 0% have a graduate or professional degree.
Jobs and commute in Milford
- Unemployment rate
- 0%State: 4%
- Average commute
- —State: 24 min
- Work from home
- 0%
- Drive alone
- 71.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Milford vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Milford | 54 | — | $329,200 | — |
| Jerico Springs | 279 | $65,417 | $58,500 | $479 |
| Sheldon | 443 | $41,848 | $67,500 | $617 |
| Lamar | 4,284 | $36,705 | $117,200 | $832 |
| Golden City | 708 | $44,167 | $79,300 | $781 |
| Lockwood | 821 | $44,375 | $117,700 | $735 |
| Bronaugh | 163 | $52,917 | $43,600 | $1,000 |
| Jasper | 808 | $51,458 | $126,200 | $667 |
| Liberal | 747 | $65,250 | $77,000 | $650 |
More for people moving to Milford
Milford ZIP code ›Weather and climate ›Living in Milford: FAQ
What is the average home price in Milford?
The median home value in Milford is $329,200, compared with $230,300 in Missouri.
Is Milford, MO a good place to live?
Pluses: a poverty rate of 1.9%. Minuses: home values 43% higher than the state median.
What is the median age in Milford?
The median age in Milford is 31.5 years (Missouri: 39).
What is the unemployment rate in Milford?
The unemployment rate in Milford is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Milford?
20.5% of adults in Milford 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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