Living in Milford Square, Pennsylvania
Cost of living, income, home prices, rent and demographics of Milford Square · Census data 2020–2024
Milford Square has 1,312 residents with a median age of 37.2. The median household income is $179,355 (130% higher than the Pennsylvania median), the median home value is $307,700, the median rent is $1,719/month.
Milford Square is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Milford Square at a glance
- Population
- 1,312
- Median age
- 37.2State: 40.9
- Median household income
- $179,355State: $77,971
- Median home value
- $307,700State: $254,500
- Median rent
- $1,719/moState: $1,209
- Homeowners
- 89.9%
- Bachelor's degree or higher
- 33.6%
- Average commute
- 35 min
Is Milford Square a good place to live?
Pros: Median household income 130% higher than the Pennsylvania median; a poverty rate of 0.3%.
Cons: Home values 21% higher than the state median; an average commute of 35 minutes.
The weather is best in June to September.
Cost of living in Milford Square
Housing is the biggest part of the cost of living. In Milford Square the median home value is $307,700, 8% lower than the U.S. median. Renters pay a median of $1,719 per month, which is 13.7% of household income. Homeowners with a mortgage pay $2,026 a month in housing costs.
Milford Square median household income
The median household income in Milford Square is $179,355 and the income per person is $61,574. 0.3% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Milford Square: homes for sale and rent
- Housing units
- 494
- Owner-occupied
- 89.9%
- Renter-occupied
- 10.1%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1995
- Average household size
- 2.65
Milford Square demographics
- Population
- 1,312
- Median age
- 37.2
- Under 18
- 23.9%
- 65 and older
- 4.1%
- Households
- 494
- Foreign-born
- 0%
- Veterans
- 2.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Milford Square ›
Education in Milford Square
33.6% of adults 25 and older in Milford Square have a bachelor's degree or higher (Pennsylvania: 35.2%), and 15.6% have a graduate or professional degree.
Jobs and commute in Milford Square
- Unemployment rate
- 0%State: 5.3%
- Average commute
- 35 minState: 26 min
- Work from home
- 11.1%
- Drive alone
- 76.2%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Milford Square vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Milford Square | 1,312 | $179,355 | $307,700 | $1,719 |
| Milford | 10,231 | $125,093 | $413,100 | $1,741 |
| Trumbauersville | 772 | $112,500 | $345,100 | $1,423 |
| Spinnerstown | 1,780 | $143,375 | $417,200 | — |
| Quakertown | 9,319 | $85,959 | $278,500 | $1,321 |
| Richland | 14,087 | $99,476 | $345,700 | $1,755 |
| Lower Milford | 3,872 | $123,186 | $430,500 | $1,512 |
| Richlandtown | 1,209 | $74,439 | $314,600 | $1,583 |
| Coopersburg | 2,495 | $84,357 | $317,000 | $968 |
More for people moving to Milford Square
Milford Square ZIP code ›Weather and climate ›Living in Milford Square: FAQ
What is the median household income in Milford Square, PA?
The median household income in Milford Square is $179,355, 130% higher than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Milford Square?
The median home value in Milford Square is $307,700, compared with $254,500 in Pennsylvania.
How much is rent in Milford Square?
The median gross rent in Milford Square is $1,719 per month, about 13.7% of household income.
Is Milford Square, PA a good place to live?
Pluses: median household income 130% higher than the Pennsylvania median; a poverty rate of 0.3%. Minuses: home values 21% higher than the state median; an average commute of 35 minutes.
What is the median age in Milford Square?
The median age in Milford Square is 37.2 years (Pennsylvania: 40.9).
How long is the commute in Milford Square?
The average commute to work in Milford Square is 35 minutes; 11.1% of workers work from home.
What is the unemployment rate in Milford Square?
The unemployment rate in Milford Square is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Milford Square?
33.6% of adults in Milford Square 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.
Last updated: