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Milford, Connecticut Mortgage and Housing Information
Population: 50,594
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in Milford
Income
| U.S. | Connecticut | Milford | |
|---|---|---|---|
| Median Earnings | $23,755 | $30,409 | $35,086 |
| Median Earnings, Males | $29,458 | $37,584 | $41,803 |
| Median Earnings, Females | $18,957 | $24,046 | $27,840 |
Males earn $13,963 (50.2%) more than Females in Milford.
Commuting in Milford
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 23,039 |
| Carpooled | 1,837 |
| Public Transit | 854 |
| Bicycle | 36 |
| Walking | 290 |
| Other Means | 71 |
| Total, Commuted | 26,127 |
| Worked from home | 610 |
| Total | 26,737 |
Time Spent Commuting in Milford
Time spent commuting in Milford
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 739 |
| 5-9 | 3,321 |
| 10-14 | 4,486 |
| 15-19 | 4,622 |
| 20-24 | 4,169 |
| 25-29 | 1,372 |
| 30-34 | 2,412 |
| 35-39 | 465 |
| 40-44 | 650 |
| 45-59 | 1,693 |
| 60-89 | 1,431 |
| Over 90 | 767 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 3,424 | 20.3% | 4,102 | 24.3% |
| Associate Degree | 1,030 | 6.1% | 1,683 | 10.0% |
| Bachelor's Degree | 3,264 | 19.3% | 2,970 | 17.6% |
| Master's Degree | 1,512 | 9.0% | 1,699 | 10.1% |
| Professional Degree | 382 | 2.3% | 312 | 1.8% |
| Doctorate Degree | 271 | 1.6% | 117 | 0.7% |
| Total (at least some college) | 9,883 | 58.6% | 10,883 | 56.2% |
| Total over 25 | 16,877 | 100% | 19,354 | 100% |
Housing in Milford
Cost of Single-Family Houses
| Median price asked in year 2000 | $158,700 |
|---|
Value of Houses and Condos
| U.S. | Connecticut | Milford | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $160,600 | $165,800 |
Monthly Owner Costs
| U.S. | Connecticut | Milford | |
|---|---|---|---|
| With a mortgage | $1,088 | $1,426 | $1,414 |
| Without a mortgage | $295 | $473 | $491 |
Tenancy in Milford
| Owner-occupied homes | 15,607 |
|---|---|
| Renter-occupied homes | 4,531 |
| Homes for sale | 114 |
| Homes for rent | 297 |
| Total | 21,145 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in Milford (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 3,870 | 28.3% |
| First Mortgage Only | 7,251 | 53.0% |
| Second Mortgage and/or Home Equity Loan | 2,549 | 18.6% |
| Total | 13,670 | 100% |
Age of Milford Residents
| Males | Females |
|---|---|
| 38 | 40 |
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