Connecticut · Census place 47515
Milford city (balance), CT
Quick answer
Milford city (balance) has 50,749 residents, ranking #14 of 215 places in Connecticut. Median household income is $110,126, the median home is worth $377,400 and median gross rent runs $1,820 a month.
- Population
- 50,749Milford city (balance) residents
- Median household income
- $110,126Past 12 months, inflation adjusted
- Median home value
- $377,400Owner-occupied units
- Median gross rent
- $1,820Rent plus utilities, monthly
- Median age
- 46.7 yrsAll residents
- Homeownership rate
- 76.6%Owner-occupied households
What the numbers mean in Milford city (balance)
Housing cost measured against local earnings.
A household earning the Milford city (balance) median would spend about 19.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.5% of residents and 76.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Connecticut.
- Meriden city 60,418
- West Haven city 55,147
- East Hartford CDP 50,798
- Middletown city 47,646
- Shelton city 41,402
- Norwich city 39,992
- Manchester CDP 36,561
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More Connecticut coverage.