New York · Census place 47229
Milford village, NY
Quick answer
Milford village has 467 residents, ranking #1078 of 1292 places in New York. Median household income is $63,750, the median home is worth $137,500 and median gross rent runs $825 a month.
- Population
- 467Milford village residents
- Median household income
- $63,750Past 12 months, inflation adjusted
- Median home value
- $137,500Owner-occupied units
- Median gross rent
- $825Rent plus utilities, monthly
- Median age
- 48.7 yrsAll residents
- Homeownership rate
- 70.8%Owner-occupied households
What the numbers mean in Milford village
Housing cost measured against local earnings.
A household earning the Milford village median would spend about 15.5% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.3% of residents and 70.8% 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 New York.
- Panama village 476
- Fort Ann village 473
- Wellsburg village 471
- Poland village 467
- Elba village 464
- Rifton CDP 462
- North Creek CDP 457
Keep going
More New York coverage.