What are the schools like in Milford, NJ?

Milford is served primarily by Holland Township School District. The district operates 1 elementary schools, several middle schools, and several high schools with a student-to-teacher ratio of 8.4:1.

What is the median household income in Milford?

The median household income in Milford, NJ is $89,196 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 7.3%.

What is the weather like in Milford, NJ?

Milford has an average high temperature of 38.5°F in January and 84.7°F in July. Annual precipitation averages 50.5 inches and annual snowfall averages 41.1 inches.

Milford, NJ Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Milford, NJ affordable or expensive?

Milford's cost of living index is 112, where 100 represents the national average. This means Milford is 12% more expensive than the average US city. The median home value is $282,600 and the median rent is $1,409 per month.

Q: What is the crime rate in Milford, NJ?

Milford has a violent crime rate of 4.0 incidents per 100,000 residents and a property crime rate of 159.2 per 100,000. The national average violent crime rate is approximately 380 per 100,000.

Is Milford, NJ a Good Place to Live?

Milford is a small town of 1,244 in New Jersey, with a median household income of $89,196 and a 7.3% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: Milford stands out for solid school ratings (A).

Trade-offs: Potential downsides include an above-average cost of living, longer commutes, an elevated unemployment rate. 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: 112.5

Milford's overall cost of living index is 112.5, where 100 represents the US national average. Living in Milford costs roughly 12% more than the average American city.

Metric	Milford, NJ	National Avg
Median Home Value	$282,600	$244,900
Median Monthly Rent	$1,409	$1,163
Homeownership Rate	78.7%	65.9%
Median Household Income	$89,196	$74,755

Crime & Safety

Very Safe

Milford's violent crime rate is 4.0 per 100,000 residents — 99% lower than the national average of ~380 per 100,000.

Violent Crime

4.0 /100k

Property Crime

159.2 /100k

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

Schools & Education

Milford is served primarily by Holland Township School District. The student-to-teacher ratio is 8.4:1 (better than the national average of ~16:1).

Metric	Milford, NJ	National Avg
School District	Holland Township School District	—
Elementary Schools	1	—
Middle Schools	N/A	—
High Schools	N/A	—
Student/Teacher Ratio	8.4:1	16:1
Bachelor's Degree or Higher	31.2%	35.4%
High School Diploma or Higher	93.5%	91.1%

Weather & Climate

Milford sees average highs of 38.5°F in January and 84.7°F in July, with 50.5 inches of annual precipitation and 41.1 inches of snow per year.

Metric	Milford, NJ
Average High — January	38.5°F
Average High — July	84.7°F
Annual Precipitation	50.5"
Annual Snowfall	41.1"

Demographics

Metric	Milford, NJ	National Avg
Population	1,244	—
Median Age	48.9	38.9
Unemployment Rate	7.3%	3.7%
Avg Commute Time	35.1 min	26 min
White (non-Hispanic)	92.4%	59.3%
Black or African American	1.8%	13.6%
Hispanic or Latino	3.5%	18.9%
Asian	0.8%	6.3%
Under 18	15.1%	22.2%
65 and over	26.0%	16.8%

Nearby Cities

Frenchtown, NJ 4 mi Finesville, NJ 5 mi Bloomsbury, NJ 6 mi Riegelsville, PA 6 mi Alpha, NJ 7 mi

ZIP Codes in Milford

Milford, NJ is covered by 1 ZIP code:

08848

Milford vs Other Cities

Milford, NJ vs Frenchtown, NJ Milford, NJ vs Finesville, NJ Milford, NJ vs Bloomsbury, NJ Milford, NJ vs Riegelsville, PA Milford, NJ vs Alpha, NJ

Frequently Asked Questions

Is Milford, NJ affordable or expensive?

Milford's cost of living index is 112, where 100 is the national average. That puts Milford roughly 12% above the national average in cost. The median home price is $282,600 and median rent is $1,409/month.

What is the crime rate in Milford, NJ?

Milford's violent crime rate is 4.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 159.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.

What are the schools like in Milford?

Public schools in Milford are operated by Holland Township School District. The district has 1 elementary, several middle, and several high schools. The student-to-teacher ratio is 8.4:1. 31.2% of adults 25+ hold a bachelor's degree or higher.

Is Milford, NJ a good place to live?

Milford, NJ has a population of 1,244, a median household income of $89,196, and an unemployment rate of 7.3%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Milford?

Milford averages 38.5°F in January and 84.7°F in July. Annual rainfall is 50.5 inches with about 41.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What ZIP codes are in Milford?

Milford, NJ is covered by 1 ZIP code: 08848.

What is the population of Milford?

The population of Milford, New Jersey is 1,244 with a median age of 48.9. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Milford?

Key numbers for living in Milford: cost of living index 112 (100 = US average), median home $282,600, median household income $89,196, crime index 4 (100 = US average, lower is safer), schools rated A. 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.