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Milford, New York Demographic Information
Overview
Milford, located in Otsego County, New York, is a small town with a unique blend of rural charm and historical significance. The town’s demographics reflect a mix of family-oriented residents, retirees, and a modest population with a strong sense of community.
Population
The population of Milford is estimated to be around 1,500 residents. This relatively small population is spread over a large area, which contributes to the town’s rural atmosphere.
Age Distribution
The age distribution in Milford varies, with residents of all ages represented:
- Under 18 years: 20%
- 18-24 years: 5%
- 25-44 years: 25%
- 45-64 years: 30%
- 65 years and over: 20%
Racial Composition
Milford has a predominantly white population, with smaller percentages of other races:
- White: 95%
- African American: 2%
- Hispanic or Latino: 1%
- Asian: 1%
- Other races: 1%
Household Information
The typical household in Milford consists of small to medium-sized families. Here are some statistics on household composition:
- Total Households: Approximately 650
- Average Household Size: 2.4 people
- Married Couples: 60%
- Non-families: 30%
Education
Education in Milford is served by the Milford Central School District. The town has a relatively high school graduation rate, with a significant portion of residents attaining at least a high school diploma.
Income and Employment
Milford’s economy is primarily based on agriculture, small businesses, and services. Here are the key income statistics:
- Median Household Income: $45,000
- Per Capita Income: $25,000
- Unemployment Rate: 4%
Housing
Housing in Milford is characterized by rural properties, family homes, and older buildings with historical significance.
| Housing Type | Percentage of Total Housing |
|---|---|
| Owner-occupied | 75% |
| Renter-occupied | 25% |
| Median Home Value | $160,000 |
Employment by Industry
The most common industries in Milford include agriculture, education, retail, and healthcare.
- Agriculture: 25%
- Education: 20%
- Retail: 15%
- Healthcare: 10%
- Other services: 30%
Key Highlights
- ZIP Code: 96863
- Location: Otsego County, New York
- Population: ~1,500
- Median Household Income: $45,000
- Owner-occupied Housing: 75%