| Index | Milford | Indiana | National |
| Average Test Scores | 42% | 46% | 48% |
| Student/Teacher ratio | 37:1 | 22:1 | 16:1 |
| Total public schools | 1 | 1,755 | 79,221 |
| Total private schools | 3 | 675 | 24,874 |
| Total post-secondary schools | n/a | 141 | 7,963 |
| Index | Milford | Indiana | National |
| Completed 8th grade | 74.4% | 84.6% | 84.3% |
| Completed high school | 69.2% | 82.9% | 83.0% |
| Completed some college | 26.2% | 53.8% | 59.4% |
| Completed associate degree | 14.8% | 33.0% | 38.5% |
| Completed bachelors | 8.2% | 24.6% | 30.3% |
| Completed masters | 1.7% | 8.9% | 11.5% |
| Completed professional degree | 0.3% | 2.4% | 3.3% |
| Completed doctorate | 0.0% | 1.0% | 1.3% |
There are a total of 1 public schools, 3 private schools and n/a post-secondary schools in Milford. Using the proficiency score averages, the average test scores for Milford, IN schools is 42%. The average student to teacher ratio is 37:1. In Milford, IN, an average of 74.4% of students have completed 8th grade and an average of 69.2% have completed high school.
| City | Population | Avg. Test Scores | National Avg. |
| Nappanee, IN | 7,138 | 63% | 31.3% |
| Wakarusa, IN | 2,074 | 63% | 31.3% |
| Millersburg, IN | 807 | 60% | 24.0% |
| New Paris, IN | 1,464 | 59% | 22.9% |
| Bourbon, IN | 1,942 | 58% | 20.8% |
| Milford, IN | 1,664 | 42% | 12.5% |
| City | Population | Avg. Test Scores | National Avg. |
| Holland, OH | 1,664 | 62% | 28.1% |
| Lumberton, MS | 1,664 | 38% | 21.4% |
| Clinton, LA | 1,663 | 38% | 20.8% |
| Oakland, IA | 1,665 | 70% | 45.3% |
| Beulaville, NC | 1,666 | 42% | 13.0% |
| Milford, IN | 1,664 | 42% | 12.5% |
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