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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 51,812 as of July 1, 2020.

The primary coordinate point for City of Milford is located at latitude 41.2237 and longitude -73.0616 in New Haven 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. New Haven County is in the Eastern time zone (GMT -5). The elevation is 52 feet.

The City of Milford (GNIS ID: ) 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 Town of Milford, a minor civil division (MCD) of New Haven County.


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City of Milford, CT Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 51,812 (100%)
Population in Households 51,333 (99.1%)
Population in Families 41,073 (79.3%)
Population in Group Quarters1 479 ( 0.9%)
Population Density 2,365
Diversity Index2 38
 
 

INCOME

Median Household Income $89,770
Average Household Income $118,249
% of Income for Mortgage4 15%
Per Capita Income $48,630
Wealth Index5 157
 

HOUSING

Total HU (Housing Units) 22,636 (100%)
Owner Occupied HU 15,732 (69.5%)
Renter Occupied HU 5,575 (24.6%)
Vacant Housing Units 1,329 ( 5.9%)
Median Home Value $314,126
Average Home Value $363,305
Housing Affordability Index3 133
 

HOUSEHOLDS

Total Households 21,307
Average Household Size 2.41
Family Households 13,571
Average Family Size 3
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.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population 0.1% 0.08%
Households 0.13% 0.1%
Families 0.03% 0.06%
Median Household Income   1.34%
Per Capita Income   1.84%
Owner Occupied HU   0.09%

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

The table below compares City of Milford to the other 143 incorporated cities, towns and CDPs in Connecticut by rank and percentile using July 1, 2020 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 91st
Population Density # 41 72nd
Median Household Income # 50 66th
Housing Affordability Index # 65 45th
Per Capita Income # 48 67th
Diversity Index # 55 62nd

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

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