Milford

Population: 467
Median household income: $63,750
Median home value: $137,500

Located in Otsego County, New York, Milford is a community with a population of 467. The median household income of $63,750 is below the Otsego County median ($67,086).

From 2019 to 2023, Milford's population grew 34.2% from 348 to 467, while its median home value rose 20.2% from $114,400 to $137,500.

White (non-Hispanic) residents are the largest group, 81.8% of the population. 83.5% of workers drive to work alone.

Demographics

ACS 2019–2023

Population: 467
Median age: 48.7 yrs
Median household income: $63,750
Median home value: $137,500
Median gross rent: $825
Housing units: 253
Homeownership rate: 70.8%
Bachelor's degree or higher: 32.8%
Unemployment rate: 1.1%

Trends

ACS 5-year · 2019–2023

Population

348467

Median household income

$50,833$63,750

Median home value

$114,400$137,500

Median gross rent

$630$825

Year	Population	Median household income	Median home value	Median gross rent
2019	348	$50,833	$114,400	$630
2020	319	$39,375	$103,800	$623
2021	436	$44,722	$118,400	$609
2022	462	$50,938	$125,000	$722
2023	467	$63,750	$137,500	$825

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

Age distribution

Under 52.6%

5 to 177.7%

18 to 2416.7%

25 to 347.7%

35 to 449.9%

45 to 5411.3%

55 to 6418.4%

65 to 7416.1%

75 and over9.6%

	Count	Share
Under 5	12	2.6%
5 to 17	36	7.7%
18 to 24	78	16.7%
25 to 34	36	7.7%
35 to 44	46	9.9%
45 to 54	53	11.3%
55 to 64	86	18.4%
65 to 74	75	16.1%
75 and over	45	9.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	382	81.8%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	57	12.2%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	2	0.4%
Hispanic or Latino (any race)	26	5.6%

Educational attainment (age 25+)

No high school diploma3.5%

High school graduate40.2%

Some college or associate's23.5%

Bachelor's degree19.1%

Graduate or professional degree13.8%

	Count	Share
No high school diploma	12	3.5%
High school graduate	137	40.2%
Some college or associate's	80	23.5%
Bachelor's degree	65	19.1%
Graduate or professional degree	47	13.8%

Commute to work

Mean travel time to work: 23 min

Drove alone83.5%

Carpooled1.1%

Public transit0.0%

Walked3.4%

Bicycle0.0%

Worked from home10.9%

Other means1.1%

How workers get to work

	Count	Share
Drove alone	222	83.5%
Carpooled	3	1.1%
Public transit	0	0.0%
Walked	9	3.4%
Bicycle	0	0.0%
Worked from home	29	10.9%
Other means	3	1.1%

Travel time

	Count	Share
Under 15 min	67	28.3%
15 to 29 min	107	45.1%
30 to 44 min	50	21.1%
45 to 59 min	5	2.1%
60+ min	8	3.4%

Households

Average household size: 2.43
Poverty rate: 10.3% (48 of 467)

	Count	Share
Family households	110	57.3%
Nonfamily households	82	42.7%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	192	75.9%
Vacant	61	24.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	136	70.8%
Renter-occupied	56	29.2%

1-unit, detached56.1%

1-unit, attached1.2%

2 to 4 units27.3%

5 to 19 units2.0%

20 or more units5.9%

Mobile home & other7.5%

Units in structure

	Count	Share
1-unit, detached	142	56.1%
1-unit, attached	3	1.2%
2 to 4 units	69	27.3%
5 to 19 units	5	2.0%
20 or more units	15	5.9%
Mobile home & other	19	7.5%

Geography

Place GEOID: 3647229
Type (LSAD): 47
Land area: 0.42 sq mi
Water area: 0 sq mi
Center point: 42.5905, -74.9469