What is the population of Milford city?

Milford city has 12,193 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #10 of 79 in Delaware.

What is the median household income in Milford city?

Median household income in Milford city is $55,265 a year, 29.6% below the national figure of $78,538.

How much does it cost to rent or buy in Milford city?

Median gross rent is $1,182 a month and the median home value is $274,600, so rent absorbs about 25.7% of median household income.

Is Milford city affordable compared with the rest of the US?

Homes cost about 5× the local median income here versus roughly 3.9× nationally, so Milford city is less affordable to buy in than the typical US market, and rent takes 25.7% of median income against the 30% cost-burden line.

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Delaware · Census place 47420

Milford, DE population, income and ZIP codes

Quick answer

The population of the city of Milford, Delaware (Milford, DE — Census place “Milford city”) is 12,193 residents, ranking #10 of 79 places in Delaware. Median household income is $55,265, the median home is worth $274,600 and median gross rent runs $1,182 a month. Looking for the Milford Delaware ZIP code list? 1 ZIP codes serve Milford, DE: 19963.

Population: 12,193Milford city residents
Median household income: $55,265Past 12 months, inflation adjusted
Median home value: $274,600Owner-occupied units
Median gross rent: $1,182Rent plus utilities, monthly
Median age: 41.4 yrsAll residents
Homeownership rate: 46.5%Owner-occupied households

Milford ZIP codes (Delaware)

Census ZCTAs whose delivery area overlaps Milford.

The Milford DE ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

19963

What the numbers mean in Milford city

Housing cost measured against local earnings.

A household earning the Milford city median would spend about 25.7% 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 5.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 20.3% of residents and 46.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Milford city, DE in context

How this area compares with national benchmarks.

Milford city is a mid-size town in Delaware, with 12,193 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #10 of 79 ranked by population — larger than 88% of them. The median age here is 41.4 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Milford city earn a median of $55,265 a year, 29.6% below the national figure of $78,538 and 26% below the $75,000 median for the 54 Delaware cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 20.3% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Milford city is valued at $274,600, 9.5% below the national figure and within a couple of points of the $280,200 peer median, while median gross rent runs $1,182 a month, 15.9% below the national figure, or roughly $14,184 across a full year. A household on the local median income would put about 25.7% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 5×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 46.5% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in Delaware.

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Frequently asked questions

Common questions about this area.

What is the population of Milford city?: Milford city has 12,193 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #10 of 79 in Delaware.
What is the median household income in Milford city?: Median household income in Milford city is $55,265 a year, 29.6% below the national figure of $78,538.
How much does it cost to rent or buy in Milford city?: Median gross rent is $1,182 a month and the median home value is $274,600, so rent absorbs about 25.7% of median household income.
Is Milford city affordable compared with the rest of the US?: Homes cost about 5× the local median income here versus roughly 3.9× nationally, so Milford city is less affordable to buy in than the typical US market, and rent takes 25.7% of median income against the 30% cost-burden line.
How current is this Milford city data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.