City of Milford, CT Profile: Facts & Data

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City of Milford, Connecticut - Basic Facts

The City of Milford had a population of 50,503 as of July 1, 2023. City of Milford ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Connecticut. See peer rankings below.

The primary coordinate point for City of Milford is located at latitude 41.2237 and longitude -73.0616 in South Central Connecticut County. The formal boundaries for the City of Milford encompass a land area of 21.9 sq. miles and a water area of 3.23 sq. miles.

The City of Milford has a C8 Census Class Code which indicates the balance of a consolidated city excluding the separately incorporated place(s) within that consolidated government. Separate census estimates are also produced for the semi-independent places which together with the "balance record," sum to the entire territory of the consolidated city.

The City of Milford is located within , a minor civil division (MCD) of South Central Connecticut County.


Jump to... (On This Page!)
  1. City of Milford 2023 Demographic Data
  2. Growth Rates for City of Milford (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Connecticut Research Tools (Easy Tools & Current Data)
  3. Connecticut Data Comparison Tool - 2023 Demographics
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City of Milford, CT Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 50,503 (100%)
Population in Households 49,945 (98.9%)
Population in Families 39,858 (78.9%)
Population in Group Quarters1 558 ( 1.1%)
Population Density 2,306
Diversity Index2 45
 
 

INCOME

Median Household Income $104,309
Average Household Income $139,927
% of Income for Mortgage4 21%
Per Capita Income $60,625
Wealth Index5 161
Socioeconomic Status Index6 Moderate (58.7)
 

HOUSING

Total HU (Housing Units) 23,211 (100%)
Owner Occupied HU 15,985 (68.9%)
Renter Occupied HU 5,889 (25.4%)
Vacant Housing Units 1,337 ( 5.8%)
Median Home Value $371,788
Average Home Value $436,245
Housing Affordability Index3 99
 

HOUSEHOLDS

Total Households 21,874
Average Household Size 2.28
Family Households 13,662
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.03% -0.21%
Households 0.36% 0.08%
Families   0.10%
Median Household Income   1.91%
Per Capita Income   2.67%
Owner Occupied HU   0.45%

City of Milford, CT - Peer Comparisons by Rank and Percentile

The table below compares City of Milford to the other 215 incorporated cities, towns and CDPs in Connecticut by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 14 94th
Population Density # 49 78th
Median Household Income # 98 55th
Housing Affordability Index # 129 60th
Per Capita Income # 102 53rd
Diversity Index # 71 67th

Additional comparisons and rankings can be made with a VERY EASY TO USE Connecticut Census Data Comparison Tool.

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