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The total population of Milford town is estimated to be 16,151 with 8,093 males (50.11%) and 8,058 females (49.89%). There are 35 less females than males in Milford town.
The median household income in Milford town was $89,705 in 2021, which marked an an increase of 5,530(6.57%) from $84,175 in 2020. This income is 120.24% 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 town sees its highest median household income among householders in the age group of 45 to 64 years old, at $116,116. Overall, the median household income for the town of Milford town stands at $89,705.
In Milford town, the median income for all workers aged 15 years and older, regardless of work hours, was $54,566 for males and $40,664 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $77,687 for males and $55,571 for females.
In Milford town, there are just two different racial groups among households. Among these, White households report a median household income of $94,924, while Two or More Races households have a median household income of $84,812.
In 2022, the population of Milford town was 16,376, a 0.60% increase year-by-year from 2021. Previously, in 2021, Milford town's population was 16,279, an increase of 0.93% compared to a population of 16,129 in 2020.
The median age in Milford, New Hampshire is 40.1, as per 2021 ACS 5-Year Estimates. Of the total population, 19.34% were under the age of 15, 16.90% aged 15 to 29, 48.57% aged 30 to 64, 13.10% aged 65 to 84, and 2.09% were 85 years of age and older.
Racial distribution of Milford town population: 89.02% are White, 0.31% are Black or African American, 0.07% are American Indian and Alaska Native, 3.06% are Asian, 0.57% are some other race and 6.97% are multiracial.