Milford, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Milford, Indiana had a total population of 1,661, the 258th largest town in Indiana, with a median household income of $51,667, which is 28% lower than the state average. The poverty rate is 9.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 8.9% of adults have a bachelor's degree, well below the national average of 35.7%.
- Near full employment with an unemployment rate of just 1.7%.
Milford Quick Facts
How Milford Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,955 | 1,661 | -15.0% |
| Median household income | $52,014 | $51,667 | -0.7% |
| Median home value | $135,300 | $159,700 | +18.0% |
How Milford Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Milford Rankings in Indiana
Explore Indiana Rankings
Other Cities in Kosciusko County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Warsaw | 16,768 | $61,035 | 17.6% | $181,200 |
| Winona Lake | 5,080 | $82,188 | 8.0% | $274,500 |
| Pierceton | 1,451 | $80,625 | 10.9% | $117,600 |
| North Webster | 866 | $55,278 | 10.4% | $204,500 |
| Silver Lake | 857 | $55,272 | 15.3% | $112,000 |
| Mentone | 768 | $60,000 | 7.4% | $112,000 |
| Leesburg | 652 | $101,563 | 3.2% | $172,300 |
| Etna Green | 441 | $63,281 | 13.9% | $98,300 |
| Claypool | 318 | $60,417 | 13.8% | $110,800 |
| Burket | 203 | $55,833 | 6.4% | $109,400 |
Cities Similar to Milford
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Cambridge City | 1,657 | $51,071 | $103,100 | 15.8% | 19.9% |
| Osgood | 1,637 | $52,625 | $149,800 | 12.0% | 9.7% |
| Westport | 1,651 | $49,129 | $137,800 | 12.4% | 22.7% |
| Eaton | 1,630 | $54,531 | $89,800 | 7.3% | 14.8% |
| Dillsboro | 1,697 | $48,810 | $149,500 | 13.0% | 14.9% |
Population Overview
Milford is a small community located in Indiana, within Kosciusko County. The total population is 1,661. It ranks as the 258th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Milford is 43.0 years. This is 13% higher than the state median of 38.1 years. 11.0% 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 $51,667. This is 28% lower than the state median of $71,957. It is also 36% lower than the national median of $80,734. The poverty rate stands at 9.4%. This is 24% lower than the state poverty rate of 12.3%. The unemployment rate is 1.7%. This is 60% lower than the state rate of 4.3%. The median home value is $159,700. Housing costs are 27% lower than the state median of $218,200. The home-value-to-income ratio is 3.1x. 76.3% of occupied housing units are owner-occupied. This homeownership rate is 8% higher than the state average of 70.5%.
Race & Ethnicity
The largest racial or ethnic group in Milford is White (non-Hispanic), making up 78.8% of the population. Hispanic or Latino residents account for 18.1%. The Hispanic or Latino population is significantly higher than the state average (18.1% vs 8.6%). The Asian population (1.0%) is well below the state average of 2.6%.
Education
8.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 70% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 78.0%.
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.
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Frequently Asked Questions
What is the population of Milford, Indiana?
Milford, Indiana has a population of 1,661 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Milford, IN?
The median household income in Milford is $51,667, which is 36% lower than the national median of $80,734.
What is the poverty rate in Milford, IN?
The poverty rate in Milford is 9.4%. This means approximately 151 residents live below the federal poverty line.
What is the racial makeup of Milford, Indiana?
Milford's population is 78.8% White, 0.0% Black, 18.1% Hispanic/Latino, and 1.0% Asian.
What is the median home value in Milford, IN?
The median home value in Milford is $159,700. The home-value-to-income ratio is 3.1x.
How educated is Milford, Indiana?
8.9% of adults (25+) in Milford hold a bachelor's degree or higher, and 2.5% hold a graduate or professional degree.