Milford, DE Overview

One of the few cities in Delaware that straddles two counties, Milford is home to approximately 6,200 as it flows between Kent and Sussex Counties.  Residents have the transportation advantages of two major north/south arteries, since Milton is situated at the intersection of U.S. 113 and Delaware 1.  Well-kept older homes, mature shade trees, and a quaint downtown district blend in this historic town against the backdrop of the scenic Mispillion River.  In fact, the Mispillion Riverwalk greenway serves as a center of community life, hosting outdoor activities and environmental programs.  Founded as a shipbuilding town, Milford is now the celebrated host of the World Championship Weakfish Tournament on Delaware Bay.  Nearby attractions include Abbott’s Mill Nature Center and Abbott’s Pond, where Delaware Nature Society provides hiking trails, canoeing opportunities, and nature programs.  The close proximity of Slaughter Beach expands recreational opportunities as well as real estate options.  Charming cottages, historic homes, beach bungalows, and handsome rural communities are all residential possibilities in the Milford area.

Summary

Population Growth (since 2000) 34%
Population Density (ppl / mile) 189.00
Household Size (ppl) 2.528
Households w/ Children 24%

Housing Stability

Annual Residential Turnover 10%
5+ Years in Residency 0%
Median Year in Residency 0

Housing Inventory

Milford, DE Housing Inventory 5,564 924 2,322 5,564 924

Market Overview

60 listings with an estimated median price of $444,500

Price Count
$100K - 200K 7
$200K - 300K 13
$300K - 400K 9
$400K - 500K 5
$500K - 600K 2
$600K - 700K 4
$700K - 800K 1
$800K - 900K 1
$900K - 1M 2
$1M - Max 16
Property Type Count
Single Family 25
Commercial 15
Rental 7
Lots and Land 17
Multi Family 1
Farms 2

(Data as of 10/23/2019)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Milford, DE Population Demographics

Total: 20,135

Households:7,885

Median Age: 41.90

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Milford, DE Temperature

Weather Risk

Milford, DE Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Milford, DE Education Climate Index

Highest Education Level Attained

Milford, DE Highest Education Level Attained 5,430 1,287 801 1,153 1,551 1,143 2,512 5,430 1,287 801 1,153 1,551

Employment and Finance

Workforce

Milford, DE Workforce

Income by dollar range (Median Income: $54,021)

Milford, DE Income by dollar range 616 371 365 379 522 386 305 318 375 746 866 1,090 738 429 306 30 42 2

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$683
One Bedroom
$823
Two Bedroom
$952
Three Bedroom
$1,385
Four Bedroom
$1,662

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
No
Restaurants
No
Bars
No

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Milford, DE Crime

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