What is the population of Milford borough?

Milford borough has 1,275 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #874 of 2,002 in Pennsylvania.

What is the median household income in Milford borough?

Median household income in Milford borough is $75,536 a year, 3.8% below the national figure of $78,538.

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

Median gross rent is $1,504 a month and the median home value is $361,000, so rent absorbs about 23.9% of median household income.

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

Homes cost about 4.8× the local median income here versus roughly 3.9× nationally, so Milford borough is less affordable to buy in than the typical US market, and rent takes 23.9% of median income against the 30% cost-burden line.

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Pennsylvania · Census place 49400

Milford, PA population, income and ZIP codes

Quick answer

The population of the city of Milford, Pennsylvania (Milford, PA — Census place “Milford borough”) is 1,275 residents, ranking #874 of 2002 places in Pennsylvania. Median household income is $75,536, the median home is worth $361,000 and median gross rent runs $1,504 a month. Looking for the Milford Pennsylvania ZIP code list? 1 ZIP codes serve Milford, PA: 18337.

Population: 1,275Milford borough residents
Median household income: $75,536Past 12 months, inflation adjusted
Median home value: $361,000Owner-occupied units
Median gross rent: $1,504Rent plus utilities, monthly
Median age: 33.2 yrsAll residents
Homeownership rate: 35.7%Owner-occupied households

Milford ZIP codes (Pennsylvania)

Census ZCTAs whose delivery area overlaps Milford.

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

18337

What the numbers mean in Milford borough

Housing cost measured against local earnings.

A household earning the Milford borough median would spend about 23.9% 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 4.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.3% of residents and 35.7% 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 borough, PA in context

How this area compares with national benchmarks.

Milford borough is a small town in Pennsylvania, with 1,275 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #874 of 2,002 ranked by population — larger than 56% of them. The median age here is 33.2 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Milford borough earn a median of $75,536 a year, 3.8% below the national figure of $78,538 and 6% above the $71,118 median for the 982 Pennsylvania cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 9.3% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Milford borough is valued at $361,000, 19% above the national figure and 87% above the $193,200 peer median, while median gross rent runs $1,504 a month, 7% above the national figure, or roughly $18,048 across a full year. A household on the local median income would put about 23.9% 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 4.8×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 35.7% of occupied homes are owner-occupied versus 65% nationally, a renter-majority market, so rent figures matter more here than the home-value line. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. 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

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Frequently asked questions

Common questions about this area.

What is the population of Milford borough?: Milford borough has 1,275 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #874 of 2,002 in Pennsylvania.
What is the median household income in Milford borough?: Median household income in Milford borough is $75,536 a year, 3.8% below the national figure of $78,538.
How much does it cost to rent or buy in Milford borough?: Median gross rent is $1,504 a month and the median home value is $361,000, so rent absorbs about 23.9% of median household income.
Is Milford borough affordable compared with the rest of the US?: Homes cost about 4.8× the local median income here versus roughly 3.9× nationally, so Milford borough is less affordable to buy in than the typical US market, and rent takes 23.9% of median income against the 30% cost-burden line.
How current is this Milford borough data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.