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Milford city (balance), Connecticut Demographics & Population 2026

As of 2026, Milford city (balance), Connecticut has a total population of 50,749, the 14th largest city in Connecticut, with a median household income of $110,126, which is 17% higher than the state average. The poverty rate is 4.5%.

Key Takeaways

Milford city (balance) Quick Facts

Population 50,749
Median Household Income $110,126
Median Home Value $377,400
Poverty Rate 4.5%
Unemployment Rate 4.5%
Median Age 46.7 years
Homeownership Rate 76.6%
Affordability Ratio 3.4x
Bachelor's Degree or Higher 48.4%
High School Graduation Rate 96.0%
Diversity Index 35/100
Population 50,749 14th of 215
Median Income $110,126 average
Poverty Rate 4.5% 64% lower national
Median Home Value $377,400 average

How Milford city (balance) Compares

Economy & Housing

Employment

4.5% Unemployment Rate State: 5.7% | National: 5.2%
68.9% Labor Force Participation

Housing Overview

Owner 76.6%
Renter 23.4%
Affordability Index Affordable
3.4x home value to income ratio

People & Demographics

Diversity Index

35out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 56 | National average: 60

Education

Milford city (balance) Rankings in Connecticut

#14 Population of 215
#93 Median Income of 215
#108 Education of 215
#98 Home Value of 215

Cities Similar to Milford city (balance)

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Shelton city41,402$114,739$435,70043.5%5.6%
East Hartford CDP50,798$66,943$215,40017.6%14.7%
Middletown city47,646$73,979$279,50040.7%12.2%
West Haven city55,147$73,566$265,20029.0%12.5%
West Hartford CDP63,809$125,616$391,20066.3%6.0%

Population Overview

Milford city (balance) is a mid-sized community located in Connecticut. The total population is 50,749. It ranks as the 14th most populous out of 215 cities and towns in Connecticut.

Age Demographics

The median age in Milford city (balance) is 46.7 years. This is 13% higher than the state median of 41.2 years.

Economy, Income & Housing

The median household income in Milford city (balance) is $110,126. This is 17% higher than the state median of $93,760. Compared to the national median of $78,538, household income here is 40% higher. The poverty rate stands at 4.5%. This is 55% lower than the state poverty rate of 10.0%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.5%. This is 21% lower than the state rate of 5.7%. The median home value is $377,400. Housing costs are 10% higher than the state median of $343,200. The home-value-to-income ratio is 3.4x. 76.6% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 66.2%.

Race & Ethnicity

The largest racial or ethnic group in Milford city (balance) is White (non-Hispanic), making up 80.0% of the population. Hispanic or Latino residents account for 9.0%. The Black or African American population (2.6%) is well below the state average of 9.9%.

Education

48.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 15% higher than the state rate of 41.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.0%. Notably, 19.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Milford city (balance), Connecticut is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Connecticut state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 215 Census-designated places in Connecticut. For official data, visit data.census.gov.

Free data download: Get all Connecticut city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Milford city (balance), Connecticut?

Milford city (balance), Connecticut has a population of 50,749 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Milford city (balance), CT?

The median household income in Milford city (balance) is $110,126, which is 40% higher the national median of $78,538.

What is the poverty rate in Milford city (balance), CT?

The poverty rate in Milford city (balance) is 4.5%. This means approximately 2,266 residents live below the federal poverty line.

What is the racial makeup of Milford city (balance), Connecticut?

Milford city (balance)'s population is 80.0% White, 2.6% Black, 9.0% Hispanic/Latino, and 4.9% Asian.

What is the median home value in Milford city (balance), CT?

The median home value in Milford city (balance) is $377,400. The home-value-to-income ratio is 3.4x.

How educated is Milford city (balance), Connecticut?

48.4% of adults (25+) in Milford city (balance) hold a bachelor's degree or higher, and 19.8% hold a graduate or professional degree.