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All about

Milford, DE

Milford is a small city in Delaware with slightly more than 10,000 residents. Retirees can expect to fit right in, as they account for 18% of the population compared to 14% nationally. Renters tend to be in the minority in the area, and 63% of residents own their homes. With a relatively low average rent of $850/month in the city, renting remains an affordable option, particularly compared to other cities in Delaware. Over the course of a year, renters in Milford will save around $2,900 compared to the state average.

Milford residents have an average commute of about 25 minutes, quicker than the state average of about 27 minutes. Many residents (41%) drive their own vehicle to work, while public transportation isn't widely used. Walking isn't a common way to get to work.

Milford has a relatively large percentage of residents over the age of 25 who have an Associate's degree (6%) compared to the state average. Further, 9% possess a Bachelor's degree and 5% have a Master's or Doctoral degree. Many Milford residents work in one of three industries: manufacturing, retail, and healthcare. Combined, these industries make up 23% of the city's labor force. Meanwhile, looking at job function, 7% of the city's population works in transportation, making it the top field in the city. With an average annual income of just over $63,000, Milford workers bring in less than their peers elsewhere in the state. The city's average income also trails the national average of $73,345.

Average Rent in Milford

Studio1 Bed2 Bed3 Bed
Dec 19$1,125$1,250
Oct 191,1251,250
Sep 191,1251,250
Aug 191,1251,250
Jul 191,1251,250
Jun 191,1251,250
May 191,1251,250
Apr 191,1251,250
Mar 191,1251,250
Feb 191,1251,250
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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