Pennsylvania · Census place 49400
Milford borough, PA
Quick answer
Milford borough has 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.
- 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
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
Compare with nearby places
Places of similar size in Pennsylvania.
- Cornwells Heights CDP 1,279
- Collinsburg CDP 1,278
- Hudson CDP 1,278
- Milford Square CDP 1,274
- Lightstreet CDP 1,273
- Albion borough 1,269
- Newville borough 1,269
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