Milford Square, Pennsylvania Demographics & Population 2026
During the 2020–2024 ACS period, Milford Square, Pennsylvania had a total population of 1,312, the 861st largest community in Pennsylvania, with a median household income of $179,355, which is 130% higher than the state average. The poverty rate is 0.3%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 130% above the state average — one of the wealthiest communities in Pennsylvania.
- An exceptionally low poverty rate of 0.3% — among the lowest in Pennsylvania.
- Housing is very affordable with a home-value-to-income ratio of just 1.7x.
Milford Square Quick Facts
How Milford Square 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 | 1,274 | 1,312 | +3.0% |
| Median household income | $180,000 | $179,355 | -0.4% |
| Median home value | $313,200 | $307,700 | -1.8% |
How Milford Square 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: 45 | National average: 61
Education
Educational Attainment (Adults 25+)
Milford Square Rankings in Pennsylvania
Explore Pennsylvania Rankings
Other Cities in Bucks County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Levittown | 50,926 | $105,071 | 7.0% | $341,300 |
| Bristol | 9,902 | $76,042 | 8.6% | $271,100 |
| Morrisville | 9,752 | $99,526 | 8.6% | $292,200 |
| Croydon | 9,684 | $70,308 | 10.9% | $293,700 |
| Quakertown | 9,319 | $85,959 | 10.2% | $278,500 |
| Perkasie | 9,216 | $93,845 | 6.7% | $372,100 |
| Fairless Hills | 8,827 | $80,807 | 13.2% | $358,800 |
| Doylestown | 8,341 | $99,322 | 5.5% | $527,700 |
| Richboro | 6,963 | $159,007 | 0.8% | $559,700 |
| Newtown Grant | 6,193 | $168,750 | 4.8% | $583,600 |
Cities Similar to Milford Square
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| St. Vincent College | 1,326 | N/A | N/A | 78.0% | 58.7% |
| Chadds Ford | 1,341 | $184,286 | $516,300 | 73.1% | 2.7% |
| Clay | 1,362 | N/A | $277,400 | 13.7% | 11.3% |
| University of Pittsburgh Johnstown | 1,380 | N/A | N/A | N/A | N/A |
| Pine Grove Mills | 1,502 | $180,173 | $378,500 | 60.3% | 0.0% |
Population Overview
Milford Square is a small community located in Pennsylvania, within Bucks County. The total population is 1,312. It ranks as the 861st most populous out of 1,991 Census-designated places in Pennsylvania.
Age Demographics
The median age in Milford Square is 37.2 years. This is 9% lower than the state median of 40.9 years.
Economy, Income & Housing
The median household income in Milford Square is $179,355. This is 130% higher than the state median of $77,971. It is also 122% higher than the national median of $80,734. The poverty rate stands at 0.3%. This is 97% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The survey records no unemployed residents in Milford Square, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $307,700. Housing costs are 21% higher than the state median of $254,500. With a home-value-to-income ratio of just 1.7x, Milford Square is one of the most affordable housing markets in the area. 89.9% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 69.3%.
Race & Ethnicity
Milford Square has a predominantly White (non-Hispanic) population, comprising 89.6% of all residents. Hispanic or Latino residents account for 3.7%. The Black or African American population (3.4%) is well below the state average of 10.3%. The Hispanic or Latino population (3.7%) is well below the state average of 8.7%.
Education
33.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% lower than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.1%. Notably, 15.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Milford Square, Pennsylvania 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 Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,991 Census-designated places in Pennsylvania. 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 Square, Pennsylvania?
Milford Square, Pennsylvania has a population of 1,312 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Milford Square, PA?
The median household income in Milford Square is $179,355, which is 122% higher than the national median of $80,734.
What is the poverty rate in Milford Square, PA?
The poverty rate in Milford Square is 0.3%. This means approximately 4 residents live below the federal poverty line.
What is the racial makeup of Milford Square, Pennsylvania?
Milford Square's population is 89.6% White, 3.4% Black, 3.7% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Milford Square, PA?
The median home value in Milford Square is $307,700. The home-value-to-income ratio is 1.7x.
How educated is Milford Square, Pennsylvania?
33.6% of adults (25+) in Milford Square hold a bachelor's degree or higher, and 15.6% hold a graduate or professional degree.