Is Milford, OH a Good Place to Live?
Milford is a small town of 6,556 in Ohio, with a median household income of $69,141 and a 4.7% 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, lower-than-average crime, solid school ratings (B+), a well-educated population, 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: 94.1Milford's overall cost of living index is 94.1, where 100 represents the US national average. Living in Milford costs roughly 6% less than the average American city.
| Metric | Milford, OH | National Avg |
|---|---|---|
| Median Home Value | $211,900 | $244,900 |
| Median Monthly Rent | $879 | $1,163 |
| Homeownership Rate | 49.0% | 65.9% |
| Median Household Income | $69,141 | $74,755 |
Crime & Safety
Very SafeMilford's violent crime rate is 46.8 per 100,000 residents — 88% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Milford is served primarily by Milford Exempted Village. The student-to-teacher ratio is 19.2:1 (slightly above the national average of ~16:1).
| Metric | Milford, OH | National Avg |
|---|---|---|
| School District | Milford Exempted Village | — |
| Elementary Schools | 6 | — |
| Middle Schools | 1 | — |
| High Schools | 2 | — |
| Student/Teacher Ratio | 19.2:1 | 16:1 |
| Bachelor's Degree or Higher | 40.8% | 35.4% |
| High School Diploma or Higher | 93.3% | 91.1% |
Weather & Climate
Milford sees average highs of 39.3°F in January and 86.8°F in July, with 45.5 inches of annual precipitation and 14.4 inches of snow per year.
| Metric | Milford, OH |
|---|---|
| Average High — January | 39.3°F |
| Average High — July | 86.8°F |
| Annual Precipitation | 45.5" |
| Annual Snowfall | 14.4" |
Demographics
| Metric | Milford, OH | National Avg |
|---|---|---|
| Population | 6,556 | — |
| Median Age | 45.2 | 38.9 |
| Unemployment Rate | 4.7% | 3.7% |
| Avg Commute Time | 22.3 min | 26 min |
| White (non-Hispanic) | 93.3% | 59.3% |
| Black or African American | 2.1% | 13.6% |
| Hispanic or Latino | 2.4% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 15.9% | 22.2% |
| 65 and over | 26.5% | 16.8% |
Nearby Cities
ZIP Codes in Milford
Milford, OH is covered by 1 ZIP code: