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.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
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.
| Statistic | Milford | Ohio | National |
| Average one way commute | 22min | 23min | 26min |
| Workers who drive to work | 77.6% | 83.4% | 76.4% |
| Workers who carpool | 12.4% | 7.8% | 9.3% |
| Workers who take public transit | 0.0% | 1.7% | 5.1% |
| Workers who bicycle | 0.3% | 0.3% | 0.6% |
| Workers who walk | 2.5% | 2.3% | 2.8% |
| Working from home | 6.3% | 3.7% | 4.6% |
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