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The total population of Milford township is estimated to be 1,428 with 693 males (48.53%) and 735 females (51.47%). There are 42 more females than males in Milford township.
The median household income in Milford township was $60,013 in 2021, which marked an an increase of 1,467(2.51%) from $58,546 in 2020. This income is 80.44% 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 township sees its highest median household income among householders in the age group of 45 to 64 years old, at $83,771. Overall, the median household income for the township of Milford township stands at $60,013.
In Milford township, the median income for all workers aged 15 years and older, regardless of work hours, was $38,797 for males and $23,082 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,501 for males and $36,108 for females.
In Milford township, population is primarily represented by White households, reporting a median income of $59,243.
In 2022, the population of Milford township was 1,479, a 0.60% decrease year-by-year from 2021. Previously, in 2021, Milford township's population was 1,488, a decline of 0.13% compared to a population of 1,490 in 2020.
The median age in Milford township, Somerset County, Pennsylvania is 46.3, as per 2021 ACS 5-Year Estimates. Of the total population, 14.15% were under the age of 15, 18.37% aged 15 to 29, 46.39% aged 30 to 64, 19.16% aged 65 to 84, and 1.93% were 85 years of age and older.
Racial distribution of Milford township population: 96.71% are White, 0.43% are American Indian and Alaska Native, 1.57% are Asian and 1.29% are multiracial.