Milford is a city in Delaware state in USA with a population of 11463 residents.. The poverty rate of Milford is 14.6%, which is 4% higher than national average. The typical household in Milford earns $45948 a year, compared to the national median of $67,500. Nearly 56.8% 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 83% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Milford remained 6.1%, which is 30% 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 27% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Milford is 105, which is 5% higher than national average. Median home value in Milford is $199600 , which is 13% lower than national average. While median income in Milford remained $45948, which is 32% lower than national average.