Median Income
$59,053
household / year
Median Home Value
$142,900
owner-occupied
Median Rent
$933
gross / month
Cost of Living
94
national avg = 100

Is Milford, ME a Good Place to Live?

Milford is a small town of 2,270 in Maine, with a median household income of $59,053 and a 3.5% unemployment rate. Its cost of living index is 94 (US average = 100), which is 6% below the national average.

Strengths: Milford stands out for an affordable cost of living, below-average home prices, solid school ratings (B+), short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Milford is right for you depends on your priorities — the full breakdown is below.

All Milford city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 94.2

Milford's overall cost of living index is 94.2, where 100 represents the US national average. Living in Milford costs roughly 6% less than the average American city.

Metric Milford, ME National Avg
Median Home Value $142,900 $244,900
Median Monthly Rent $933 $1,163
Homeownership Rate 89.1% 65.9%
Median Household Income $59,053 $74,755

Crime & Safety

Very Safe

Milford's violent crime rate is 57.2 per 100,000 residents — 85% lower than the national average of ~380 per 100,000.

Violent Crime
57.2 /100k
Property Crime
1380.9 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Milford is served primarily by Milford Public Schools. The student-to-teacher ratio is 9.8:1 (better than the national average of ~16:1).

Metric Milford, ME National Avg
School District Milford Public Schools —
Elementary Schools 1 —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio 9.8:1 16:1
Bachelor's Degree or Higher 15.1% 35.4%
High School Diploma or Higher 83.7% 91.1%

Weather & Climate

Milford sees average highs of 27.1°F in January and 79.1°F in July, with 44.4 inches of annual precipitation and 74.6 inches of snow per year.

MetricMilford, ME
Average High — January27.1°F
Average High — July79.1°F
Annual Precipitation44.4"
Annual Snowfall74.6"

Demographics

MetricMilford, MENational Avg
Population2,270—
Median Age42.038.9
Unemployment Rate3.5%3.7%
Avg Commute Time23.9 min26 min
White (non-Hispanic)90.5%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian3.6%6.3%
Under 1813.8%22.2%
65 and over15.2%16.8%

Nearby Cities

ZIP Codes in Milford

Milford, ME is covered by 1 ZIP code:

Milford vs Other Cities

Frequently Asked Questions

Milford's cost of living index is 94, where 100 is the national average. That makes Milford roughly 6% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $142,900 and median rent is $933/month.
Milford's violent crime rate is 57.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1380.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Milford are operated by Milford Public Schools. The district has 1 elementary, several middle, and several high schools. The student-to-teacher ratio is 9.8:1. 15.1% of adults 25+ hold a bachelor's degree or higher.
Milford, ME has a population of 2,270, a median household income of $59,053, and an unemployment rate of 3.5%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Milford averages 27.1°F in January and 79.1°F in July. Annual rainfall is 44.4 inches with about 74.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Milford, ME is covered by 1 ZIP code: 04461.
The population of Milford, Maine is 2,270 with a median age of 42.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Milford: cost of living index 94 (100 = US average), median home $142,900, median household income $59,053, crime index 35 (100 = US average, lower is safer), schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare Milford side by side with your current city to see the trade-offs.