Milford, Indiana Demographics & Population 2026

A note before these figures: with a population of 67, Milford's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Milford is a small community located in Indiana. The total population is 67. It ranks as the 898th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Milford is 56.3 years. This is 48% higher than the state median of 38.1 years. 14.9% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Milford is $73,125. This is 2% higher than the state median of $71,957. It is also 9% lower than the national median of $80,734. The poverty rate stands at 13.4%. This is 9% higher than the state poverty rate of 12.3%. The survey records no unemployed residents in Milford, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $92,500. Housing costs are 58% lower than the state median of $218,200. With a home-value-to-income ratio of just 1.3x, Milford is one of the most affordable housing markets in the area. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 42% higher than the state average of 70.5%.

Race & Ethnicity

Every resident counted in Milford was recorded as White (non-Hispanic). A figure of exactly 100.0% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.

Education

0.0% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample.

Data Sources & Methodology

All demographic data for Milford, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.