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Milford, IA 51351 has a population of approximately 4,562 and experiences a population change rate of 9.32%. The population density is 43.2 / sq mi .
The median household income for Milford, IA 51351 is $62,381, with 2,038 households and an average household size of 2.35.
The median value of a home in Milford, IA 51351 is $293,500 with an appreciation rate of 15.10%. 58.58% of housing in the state is owned while 11.65% is rented.
The cost of living in Milford, IA 51351 is 92.4 %.
The unemployment rate in Milford, IA 51351 is 2.50%, and recent job growth is at -3.09%. Future job growth is projected at 43.15%.
The sales tax rate in Milford, IA 51351 is 7.00%, while the income tax rate is 7.44% .
School expenditures in Milford, IA 51351 are $18,642, and the school ratio is 14.6:1.
The average high temperature in July is 84 degrees, with an average low temperature in January of 6.8 degrees. The average rainfall is approximately 29.4 inches per year, with 39.2 inches of snow per year.