Milford
Milford city, Delaware
Milford, Delaware, offers a refreshing alternative to the often-overwhelming pace of larger cities. Imagine a lifestyle where the charm of small-town living meets the convenience of modern amenities. With a population just shy of 12,000, Milford fosters a tight-knit community feel, where neighbors know each other and the pace of life feels deliberately slower. One of the most compelling aspects of Milford is its affordability; the median home value here is a comfortable $255,300, significantly below the national average. This translates to more financial freedom and the ability to enjoy life without the constant pressure of high housing costs.
From an investment perspective, Milford presents a compelling case. While the median household income of $53,472 is lower than the national average, the lower cost of living more than compensates for it, enabling homeowners to enjoy a comfortable lifestyle. The real estate market here is stable, offering solid investment potential. Milford is particularly well-suited for families seeking a safe environment to raise children, retirees looking for a peaceful haven, and young professionals seeking an affordable entry point into homeownership. The town's commitment to community, combined with its affordability and accessibility, makes Milford a truly attractive place to call home.
Milford, Delaware at a Glance
Milford is a city in Milford city, Delaware with a population of approximately 11,714. The median home value is $255,300 and the median household income is $53,472. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 3.9 per 1,000 residents, compared to the national average of 3.6. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $1,138 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$255,300
Median Income
$53,472
Population
11,714
Walk Score
0
Air Quality
AQI 41
Good
Climate Risk
Relatively Moderate
Fair
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- Population
- 11,714
- Median Age
- N/A
- Median Household Income
- $53,472
28% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 16.0%
29% above nat'l avg
- Median Home Value
- $255,300
9% below nat'l avg
- Median Rent
- $1,138
Near nat'l avg
- Homeownership Rate
- 81.0%
23% above nat'l avg
- Affordability Index
- 95
5% below nat'l avg
- Violent Crime Rate
- 3.9 per 1K
8% above nat'l avg
- Property Crime Rate
- 23.8 per 1K
25% above nat'l avg
- AQI
- 41
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 82.09
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.3¢/kWh
14% below nat'l avg
- Est. Monthly Electric
- $129
6% below nat'l avg
- Unemployment Rate
- 6.1%
65% above nat'l avg
- Poverty Rate
- 16.0%
29% above nat'l avg
Weather & Climate in Milford
Avg High
65°F
Avg Low
51°F
Annual Rainfall
47.1"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Kent County county-level presidential election data
Culture & Things to Do in Milford
Bug & Bud Festival
A popular annual festival celebrating Milford's history and community.
Riverwalk Freedom Festival
Annual Independence Day celebration with fireworks and festivities.
Milford Christmas Parade
A festive parade held annually during the holiday season.
Milford Farmers Market
A weekly market offering local produce, crafts, and food.