Milford 75 Excellent
Milford Livability #233 ranked city in Ohio#3,643 ranked city in the USARanks better than 87% of areas

Pros and Cons of Living in Milford

PROS
  • Cost Of Living

    Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

  • Health & Safety

    Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.

  • Ratings

    Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.

CONS
  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

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What's it like Living in Milford?

Milford, Ohio is a small city with a population of 6,840 residents. At 94%, the majority of the Milford population is White; this is followed by 1% Black and 0% Asian.

If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a fulfilling experience if you are willing to get to know the town before actually living in Milford, Ohio. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Milford and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, commute, health & safety, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Ohio and national averages.

The livability score in Milford is 76 out of 100 and the city is ranked in the 90th percentile of all cities across America. Compared to the national average, Milford ranks among some of the best places to live in the country! Milford has also earned the rare honor of ranking in the top 10 percentile among all cities. If we dig a little deeper into each category within the livability score, we see that Milford has higher than average grades for the following: crime (A), cost of living (A+), education (B) and housing (A-).

Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Milford, the unemployment rate stands at 2.33%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.

Parents and families tend to prioritize school test scores when choosing educational institutions. Test score data can be a critical factor in evaluating and comparing schools. In Milford, the average school test scores are an impressive 78%, well above the national average. This achievement reflects the educational system's dedication to providing students with the essential knowledge and tools for success. It ensures that your children will receive the support and resources needed to excel academically and thrive in their educational pursuits.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Milford has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

Assuming that Milford meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Milford. Everything else becomes a lot less important if it turns out that home prices in Milford are simply unattainable. Median real estate prices in Milford come in at $165,600, which is 25.5% higher than the Ohio average. The home price to income ratio compares the median home prices to the median household income. In Milford, the home price to income ratio is 2.8, which is 7.7% higher than the Ohio average.

Best Places to Live in and Around Milford

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How Do You Rate The Livability In Milford?

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Compare Milford, OH Livability

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      Milford transportation information

      Statistic Milford Ohio National
      Average one way commute22min23min26min
      Workers who drive to work77.6%83.4%76.4%
      Workers who carpool12.4%7.8%9.3%
      Workers who take public transit0.0%1.7%5.1%
      Workers who bicycle0.3%0.3%0.6%
      Workers who walk2.5%2.3%2.8%
      Working from home6.3%3.7%4.6%
      Source: The Milford, OH data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).