Milford

Population: 1,306
Median household income: $88,295
Median home value: $304,100

Located in Hunterdon County, New Jersey, Milford is a community with a population of 1,306. Its median household income of $88,295 runs below the Hunterdon County figure of $139,453.

From 2019 to 2023, Milford's population held roughly steady from 1,298 to 1,306, while its median home value rose 17.4% from $259,000 to $304,100.

69.7% of homes are single-family detached houses. The typical home was built around 1955.

Demographics

ACS 2019–2023

Population: 1,306
Median age: 43.1 yrs
Median household income: $88,295
Median home value: $304,100
Median gross rent: $1,476
Housing units: 578
Homeownership rate: 73.4%
Bachelor's degree or higher: 39.7%
Unemployment rate: 7.1%

Trends

ACS 5-year · 2019–2023

Population

1,2981,306

Median household income

$90,577$88,295

Median home value

$259,000$304,100

Median gross rent

$1,301$1,476

Year	Population	Median household income	Median home value	Median gross rent
2019	1,298	$90,577	$259,000	$1,301
2020	1,285	$93,929	$261,500	$1,314
2021	1,141	$85,000	$268,600	$1,355
2022	1,244	$89,196	$282,600	$1,409
2023	1,306	$88,295	$304,100	$1,476

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 57.5%

5 to 1711.4%

18 to 247.9%

25 to 3412.4%

35 to 4413.9%

45 to 5413.2%

55 to 6411.5%

65 to 7412.2%

75 and over10.0%

	Count	Share
Under 5	98	7.5%
5 to 17	149	11.4%
18 to 24	103	7.9%
25 to 34	162	12.4%
35 to 44	182	13.9%
45 to 54	172	13.2%
55 to 64	150	11.5%
65 to 74	159	12.2%
75 and over	131	10.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,188	91.0%
Black or African American	24	1.8%
American Indian & Alaska Native	0	0.0%
Asian	20	1.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	13	1.0%
Hispanic or Latino (any race)	61	4.7%

Educational attainment (age 25+)

No high school diploma7.3%

High school graduate22.4%

Some college or associate's30.5%

Bachelor's degree26.2%

Graduate or professional degree13.6%

	Count	Share
No high school diploma	70	7.3%
High school graduate	214	22.4%
Some college or associate's	292	30.5%
Bachelor's degree	250	26.2%
Graduate or professional degree	130	13.6%

Commute to work

Mean travel time to work: 34 min

Drove alone69.1%

Carpooled9.3%

Public transit1.9%

Walked1.8%

Bicycle0.3%

Worked from home17.6%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	432	69.1%
Carpooled	58	9.3%
Public transit	12	1.9%
Walked	11	1.8%
Bicycle	2	0.3%
Worked from home	110	17.6%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	59	11.5%
15 to 29 min	143	27.8%
30 to 44 min	162	31.5%
45 to 59 min	82	15.9%
60+ min	69	13.4%

Households

Average household size: 2.40
Poverty rate: 6.8% (89 of 1,306)

	Count	Share
Family households	379	70.1%
Nonfamily households	162	29.9%

Housing

Median year structure built: 1955

Occupancy

	Count	Share
Occupied	541	93.6%
Vacant	37	6.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	397	73.4%
Renter-occupied	144	26.6%

1-unit, detached69.7%

1-unit, attached11.8%

2 to 4 units10.4%

5 to 19 units8.1%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	403	69.7%
1-unit, attached	68	11.8%
2 to 4 units	60	10.4%
5 to 19 units	47	8.1%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 3446260
Type (LSAD): 21
Land area: 1.18 sq mi
Water area: 0.09 sq mi
Center point: 40.5735, -75.0897