Milford, IN 46542 has a population of approximately 3,861 and experiences a population change rate of -0.92%. The population density is 74.6 / sq mi .
Milford, IN 46542 Real Estate for Sale

$177,000
3 Beds · 2 Baths · 1,104 Sq. Ft.

$177,000
3 Beds · 2 Baths · 1,104 Sq. Ft.
Milford, IN 46542 has a population of approximately 3,861 and experiences a population change rate of -0.92%. The population density is 74.6 / sq mi .
The median household income for Milford, IN 46542 is $74,282, with 1,609 households and an average household size of 2.86.
The median value of a home in Milford, IN 46542 is $231,800 with an appreciation rate of 16.40%. 81.73% of housing in the state is owned while 13.70% is rented.
The cost of living in Milford, IN 46542 is 86.4 %.
The unemployment rate in Milford, IN 46542 is 2.50%, and recent job growth is at -0.36%. Future job growth is projected at 29.85%.
The sales tax rate in Milford, IN 46542 is 7.00%, while the income tax rate is 3.23% .
School expenditures in Milford, IN 46542 are $14,030, and the school ratio is 15.2:1.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 38.9 inches per year, with 33.4 inches of snow per year.