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Milford, MI

Milford, Michigan is a small town with slightly more than 6,000 residents. Families with young children are common, as kids under 5 make up an above-average 8% of the community, while young professionals are less well-represented. The majority of residents own their homes in Milford, and 32% of residents rent. At $922 a month, the average rent is just above the state average.

With an average commute time of about 35 minutes, longer than most cities in the state, Milford residents are well aware that traveling to work takes some patience. Many residents (47%) drive their car or truck to work, while public transit isn't used. Few workers commute on foot.

Compared to the national average (7%), Milford has a large concentration of residents older than 25 who have advanced degrees, as 10% possess a Master's or a Doctoral degree. Additionally, 22% possess a Bachelor's degree, which also outpaces the national average. Many Milford residents work in one of three industries: manufacturing, retail, and education. Combined, these industries account for 25% of the town's workforce. Meanwhile, in terms of job function, many residents work in sales, as 10% of the town's population reports this as their field of work, the highest number of any profession. With an average annual income of just over $93K, Milford workers earn more than the average Michigan resident. Milford's average income also compares favorably to the national average of $73,345.

Average Rent in Milford

Studio1 Bed2 Bed3 Bed
Jan 20$715$2,199
Dec 191,8522,199
Nov 191,8522,199
Oct 191,8522,199
Sep 191,8522,199
Aug 191,8522,199
*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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