Milford vs New Point

A side-by-side comparison of Milford and New Point: population, income, housing, and more.

Milford and New Point are places in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

New Point has the higher population (252 vs 81 in Milford). New Point has the higher median home value ($125,000 vs $82,500 in Milford). Since 2019, Milford's population has grown faster (+20.9% vs -32.3%).

Population, income & housing

	Milford	New Point
Population	81	252
Median age	56.3 yrs	42.3 yrs
Median household income	—	$60,179
Median home value	$82,500	$125,000
Median gross rent	—	$1,153
Housing units	48	148
Homeownership rate	100.0%	78.1%
Bachelor's degree or higher	0.0%	10.5%
Unemployment rate	0.0%	3.1%

Trends (ACS 5-year, 2019–2023)

	Milford	New Point
Population	67 → 81 (+20.9%)	372 → 252 (-32.3%)
Median household income	—	$46,964 → $60,179 (+28.1%)
Median home value	$81,100 → $82,500 (+1.7%)	$99,300 → $125,000 (+25.9%)
Median gross rent	—	$763 → $1,153 (+51.1%)

Milford

Population

6781

Median home value

$81,100$82,500

New Point

Population

372252

Median household income

$46,964$60,179

Median home value

$99,300$125,000

Median gross rent

$763$1,153

Age & race/ethnicity

Age distribution (share)

	Milford	New Point
Under 5	0.0%	1.6%
5 to 17	0.0%	17.1%
18 to 24	0.0%	9.5%
25 to 34	0.0%	7.9%
35 to 44	39.5%	20.6%
45 to 54	0.0%	7.5%
55 to 64	42.0%	19.8%
65 to 74	9.9%	8.3%
75 and over	8.6%	7.5%

Race & ethnicity (share)

	Milford	New Point
White (non-Hispanic)	100.0%	86.1%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	0.0%	7.1%
Hispanic or Latino	0.0%	6.7%

Educational attainment (age 25+)

Share of adults 25+

	Milford	New Point
No high school diploma	8.6%	23.8%
High school graduate	80.2%	43.1%
Some college or associate's	11.1%	22.7%
Bachelor's degree	0.0%	9.9%
Graduate or professional degree	0.0%	0.6%

Commute to work

How workers get to work (share)

	Milford	New Point
Drove alone	0.0%	89.3%
Carpooled	86.4%	7.4%
Public transit	0.0%	0.0%
Walked	13.6%	2.5%
Bicycle	0.0%	0.0%
Worked from home	0.0%	0.8%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Milford	New Point
1-unit, detached	85.4%	85.8%
1-unit, attached	0.0%	2.0%
2 to 4 units	0.0%	7.4%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	14.6%	4.7%

Poverty & households

	Milford	New Point
Poverty rate	11.1%	9.9%
Average household size	1.69	2.40
Mean commute (minutes)	—	19
Median year structure built	1955	1972