Is Milford, Maine a Good Place To Live? - Living In Milford, ME

Is Milford, Maine a good place to live?
Milford is a city in Maine state in USA with a population of 2272 residents.. The poverty rate of Milford is 14.9%, which is 6% higher than national average. The typical household in Milford earns $47455 a year, compared to the national median of $67,500. Nearly 50.1% 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 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Milford remained 8.1%, which is 72% higher than national rate. Nearly 2 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 20% of adults have a bachelor's degree and 25% 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 $110800 , which is 52% lower than national average. While median income in Milford remained $47455, which is 30% lower than national average.
Population
2272
Unemployment
8.1%
72% NAT AVG.
Poverty
14.9%
6% NAT AVG.
Overall Score
5
Median Home Cost
$110800
52% NAT AVG.
Median Income
$47455
30% NAT AVG.
Median Rent
$901
22% NAT AVG.
People Living BPL
1 in 7
Unemployed People
1 in 12
People Earning < $10,000
1 in 9
People Earning < $50,000
50.1%
People with <= High School
1 in 1.8
People With Any Degree
1 in 3.4
Pros & Cons Overview

Jobs50%

Housing60%

Affordability70%

Safety50%

Amenities50%

Diversity40%

Education80%

Commute80%