Milford is a city in Connecticut state in USA with a population of 52902 residents.. The poverty rate of Milford is 4.1%, which is 71% lower than national average. The typical household in Milford earns $95785 a year, compared to the national median of $67,500. Nearly 23.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Milford, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Milford remained 4.9%, which is 4% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Milford, only 46% of adults have a bachelor's degree and 26% have some college but no degree.

Cost of living in Milford is 0, which is 100% lower than national average. Median home value in Milford is $319900 , which is 39% higher than national average. While median income in Milford remained $95785, which is 42% higher than national average.