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Milford, New Hampshire Demographics & Population 2026

During the 2020–2024 ACS period, Milford, New Hampshire had a total population of 8,956, the 18th largest community in New Hampshire, with a median household income of $78,684, which is 21% lower than the state average. The poverty rate is 5.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Milford Quick Facts

Population 8,956
Median Household Income $78,684
Median Home Value $357,800
Poverty Rate 5.9%
Unemployment Rate 2.7%
Median Age 36.7 years
Homeownership Rate 59.4%
Affordability Ratio 4.5x
Bachelor's Degree or Higher 33.6%
High School Graduation Rate 94.5%
Diversity Index 19/100
Population 8,956 18th of 100
Median Income $78,684 average
Poverty Rate 5.9% 52% lower than national
Median Home Value $357,800 average

How Milford Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population8,8578,956+1.1%
Median household income$81,042$78,684-2.9%
Median home value$337,900$357,800+5.9%

How Milford Compares

Economy & Housing

Household Income Distribution

Under $25K 10.7%
$25K-$50K 15.6%
$50K-$100K 32.7%
$100K+ 41.0%
Detailed income brackets
Under $10K
2.0%
$10K-$15K
2.5%
$15K-$20K
3.8%
$20K-$25K
2.4%
$25K-$30K
2.2%
$30K-$35K
1.9%
$35K-$40K
6.8%
$40K-$45K
2.3%
$45K-$50K
2.4%
$50K-$60K
8.6%
$60K-$75K
12.6%
$75K-$100K
11.5%
$100K-$125K
13.4%
$125K-$150K
6.8%
$150K-$200K
11.0%
$200K+
9.7%

Employment

2.7% Unemployment Rate State: 3.4%|National: 5.2%
70.4% Labor Force Participation

Housing Overview

Owner 59.4%
Renter 40.6%
Affordability Index Moderate
4.5x home value to income ratio
Median gross rent $1,557/mo 23.7% of median household income annually

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

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

State average: 24 | National average: 61

Education

Milford Rankings in New Hampshire

#18 Population of 100
#48 Median Income of 93
#51 Education of 100
#40 Home Value of 98

Other Cities in Hillsborough County

CityPopulationMedian IncomePovertyHome Value
Manchester 115,643 $81,007 11.2% $365,600
Nashua 91,294 $96,326 7.8% $403,900
Hudson 7,469 $95,842 5.1% $366,400
East Merrimack 5,081 $87,311 3.4% $291,500
Pinardville 4,418 $79,340 10.7% $286,300
Goffstown 3,490 $132,997 3.3% $415,300
Peterborough 2,539 $85,833 3.2% $379,300
Hillsborough 1,616 $49,205 10.4% $265,200
Antrim 1,265 $72,738 12.1% $281,500
Wilton 1,038 $84,342 2.8% $359,800

Cities Similar to Milford

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Franklin8,799$71,648$262,20019.1%7.0%
Exeter9,964$87,346$357,50057.4%5.9%
Hampton10,101$97,163$545,30044.2%4.0%
Hudson7,469$95,842$366,40028.7%5.1%
Berlin9,383$45,180$131,00014.1%15.3%

Population Overview

Milford is a small city located in New Hampshire, within Hillsborough County. The total population is 8,956. It ranks as the 18th most populous out of 100 Census-designated places in New Hampshire.

Age Demographics

The median age in Milford is 36.7 years. This is 15% lower than the state median of 43.3 years.

Economy, Income & Housing

The median household income in Milford is $78,684. This is 21% lower than the state median of $99,031. It is also 3% lower than the national median of $80,734. The poverty rate stands at 5.9%. This is 18% lower than the state poverty rate of 7.2%. The unemployment rate is 2.7%. This is 18% lower than the state rate of 3.4%. The median home value is $357,800. Housing costs are 11% lower than the state median of $402,500. The home-value-to-income ratio is 4.5x. 59.4% of occupied housing units are owner-occupied. This homeownership rate is 18% lower than the state average of 72.8%.

Race & Ethnicity

Milford has a predominantly White (non-Hispanic) population, comprising 89.6% of all residents. Hispanic or Latino residents account for 3.3%.

Education

33.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 17% lower than the state rate of 40.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.5%.

Data Sources & Methodology

All demographic data for Milford, New Hampshire 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 New Hampshire state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 100 Census-designated places in New Hampshire. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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

Frequently Asked Questions

What is the population of Milford, New Hampshire?

Milford, New Hampshire has a population of 8,956 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Milford, NH?

The median household income in Milford is $78,684, which is 3% lower than the national median of $80,734.

What is the poverty rate in Milford, NH?

The poverty rate in Milford is 5.9%. This means approximately 522 residents live below the federal poverty line.

What is the racial makeup of Milford, New Hampshire?

Milford's population is 89.6% White, 0.8% Black, 3.3% Hispanic/Latino, and 1.9% Asian.

What is the median home value in Milford, NH?

The median home value in Milford is $357,800. The home-value-to-income ratio is 4.5x.

How educated is Milford, New Hampshire?

33.6% of adults (25+) in Milford hold a bachelor's degree or higher, and 11.5% hold a graduate or professional degree.