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The total population of Milford charter township is estimated to be 17,027 with 8,552 males (50.23%) and 8,475 females (49.77%). There are 77 less females than males in Milford charter township.
The median household income in Milford charter township was $110,142 in 2021, which marked an a decrease of 6,192(5.32%) from $116,334 in 2020. This income is 147.63% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Milford charter township sees its highest median household income among householders in the age group of 45 to 64 years old, at $144,910. Overall, the median household income for the township of Milford charter township stands at $110,142.
In Milford charter township, the median income for all workers aged 15 years and older, regardless of work hours, was $77,520 for males and $32,435 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $114,087 for males and $81,904 for females.
In Milford charter township, there are just three different racial groups among households. Among these, Asian households report a median household income of $228,899, followed by White households at $110,214, and Two or More Races households with a median household income of $52,571.
In 2022, the population of Milford charter township was 16,968, a 0.38% decrease year-by-year from 2021. Previously, in 2021, Milford charter township's population was 17,032, a decline of 0.16% compared to a population of 17,059 in 2020.
The median age in Milford charter Township, Michigan is 45.0, as per 2021 ACS 5-Year Estimates. Of the total population, 19.05% were under the age of 15, 13.97% aged 15 to 29, 47.26% aged 30 to 64, 17.45% aged 65 to 84, and 2.27% were 85 years of age and older.
Racial distribution of Milford charter township population: 92.93% are White, 1.04% are Black or African American, 0.19% are American Indian and Alaska Native, 1.11% are Asian, 0.38% are some other race and 4.36% are multiracial.