Milford city (balance)
Connecticut
Milford, Connecticut, offers a compelling blend of suburban charm and seaside accessibility, making it a fantastic locale for those seeking a balanced lifestyle. With a population of just over 50,000, this family-friendly city boasts a median home value of around $362,000, which, while slightly above the national average, provides exceptional value considering its proximity to both New York City and the Long Island Sound. Residents here enjoy a high quality of life, thanks in part to a median household income exceeding $104,000, comfortably surpassing the national figure. The city's relaxed vibe, coupled with its numerous parks and beaches, makes Milford an ideal spot for families and individuals seeking a community-oriented environment.
From an investment perspective, Milford presents a stable and appealing housing market. The city's robust median household income speaks to its economic health, and the relatively affordable housing compared to neighboring areas like Fairfield and New Haven makes it an attractive option for first-time homebuyers and seasoned investors alike. While specific unemployment rates vary, the overall economic climate in Connecticut remains steady. Milford's reputation as a safe and welcoming community, combined with its strong public schools, solidifies its appeal to families. This city is particularly well-suited for those prioritizing a safe, community-focused lifestyle with excellent access to both outdoor recreation and urban amenities.
Milford city (balance), Connecticut at a Glance
Milford city (balance) is a city in Connecticut with a population of approximately 50,664. The median home value is $361,900 and the median household income is $104,503. It has a Walk Score of 32 out of 100, indicating car dependency. The violent crime rate is 0.4 per 1,000 residents, which is 89% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Low." Median rent is $1,583 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$361,900
Median Income
$104,503
Population
50,664
Walk Score
32
Air Quality
AQI 38
Good
Climate Risk
Relatively Low
Good
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- Population
- 50,664
- Median Age
- N/A
- Median Household Income
- $104,503
40% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 4.5%
64% below nat'l avg
- Median Home Value
- $361,900
28% above nat'l avg
- Median Rent
- $1,583
36% above nat'l avg
- Homeownership Rate
- 87.0%
32% above nat'l avg
- Affordability Index
- 153
53% above nat'l avg
- Violent Crime Rate
- 0.4 per 1K
89% below nat'l avg
- Property Crime Rate
- 25.6 per 1K
35% above nat'l avg
- AQI
- 38
10% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Low
- Risk Score
- 49.75
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 12.7¢/kWh
24% below nat'l avg
- Est. Monthly Electric
- $114
17% below nat'l avg
- Unemployment Rate
- 4.3%
16% above nat'l avg
- Poverty Rate
- 4.5%
64% below nat'l avg
Weather & Climate in Milford city (balance)
Avg High
61°F
Avg Low
44°F
Annual Rainfall
"
Avg Humidity
NaN%
Political Landscape
→ Politically stable
Based on Capitol County county-level presidential election data
Culture & Things to Do in Milford city (balance)
Milford Oyster Festival
A popular annual festival featuring oysters, food vendors, music, and crafts.
Summer Concert Series on the Green
Free outdoor concerts held weekly during the summer months on the Milford Green.
Annual Milford Arts Council Fine Art & Craft Fair
A juried art fair showcasing the work of local and regional artists.
Annual Milford Irish Festival
A celebration of Irish culture with music, dance, food, and family activities.
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