Milford

Community Information

Population

Population	2000	2010	2022	2027
Milford	2,736	2,829	2,904	2,949

Source: ESRI, 2022-06-10

Population by Age

Population	2010	2022	2027
0-4	172	148	143
5-9	196	150	158
10-14	166	154	163
15-19	153	162	150
20-24	129	125	140
25-29	180	164	138
30-34	224	174	173
35-39	161	196	181
40-44	158	209	200
45-49	171	153	213
50-54	230	163	157
55-59	208	189	168
60-64	169	236	192
65-69	135	212	234
70-74	92	171	197
75-79	101	123	152
80-84	94	71	97
85+	90	102	94
18+	2,200	2,352	2,396
Median Age	41	44	46

Source: ESRI, 2022-06-10

Population by Race

Milford	2022
Total	2,904.000
White Alone	96.380
Black Alone	0.210
American Indian Alone	0.070
Asian Alone	0.930
Pacific Islander Alone	0.000
Some Other Race	0.790
Two or More Races	1.620
Hispanic Origin	2.720
Diversity Index	12.000

Source: ESRI, 2022-06-10

Growth Rate

Milford	2010 - 2014	2014 - 2019
Population	0%	0%
Households	0%	0%
Families	0%	0%
Median Household Income	%	0%
Per Capita Income	%	1%

Source: ESRI, 2022-06-10

Housing

Households

Population	2000	2010	2022	2027
Households	1,164	1,250	1,289	1,308
Housing Units	1,266	1,386	1,515	1,566
Owner Occupied Units			946	977
Renter Occupied Units			343	331
Vacant Units			226	258

Source: ESRI, 2022-06-10

Home Value

Milford	2022	2027
Median Home Value	$158,155	$175,113
Average Home Value	$199,446	$225,589
<$50,000	39	30
$50,000 - $99,999	110	80
$100,000 - $149,999	294	267
$150,000 - $199,999	187	222
$200,000 - $249,999	181	202
$250,000 - $299,999	42	54
$300,000 - $399,999	42	45
$400,000 - $499,999	11	10
$500,000 - $749,999	21	34
$1,000,000 +	12	18

Source: ESRI, 2022-06-10

Housing Year Built

Year Range	Houses Built
2010 or Later	92
2000-2009	166
1990-1999	218
1980-1989	68
1970-1979	244
1960-1969	121
1950-1959	129
1940-1949	27
1939 or Before	227

Source: ESRI, 2022-06-10

Income

Milford	2022	2027
Median Household	$51,271	$52,141
Average Household	$61,542	$65,368
Per Capita	$27,739	$29,500

Source: ESRI, 2022-06-10

Household Income Base

Milford	2022
<$15,000	89
$15,000 - $24,999	158
$25,000 - $34,999	132
$35,000 - $49,999	244
$50,000 - $74,999	269
$75,000 - $99,999	228
$100,000 - $149,999	130
$150,000 - $199,999	23
$200,000+	15

Source: ESRI, 2022-06-10

Employees

Commute

Category	Commuters
Workers 16+	1,558
In-County Residents	1,285
Out-of-County Residents	216
Drive Alone	1,342
Carpooled	126
Public Transport	10
Work at Home	32
Less than 5 minutes	161
5-9 minutes	390
10-14 minutes	254
15-19 minutes	245
20-24 minutes	245
25-29 minutes	67
30-34 minutes	44
35-39 minutes	36
40-44 minutes	6
45-59 minutes	52
60-89 minutes	6
90+ minutes	20
Average Travel Time	16

Source: ESRI, 2022-06-10

Employees by NAICS

Category	Number
Total Employees	1,148
Agr/Forestry/Fish/Hunt	5
Mining	5
Utilities	0
Construction	55
Manufacturing	21
Wholesale Trade	40

Retail Trade	173
Motor Veh/Parts Dealers	3
Furn & Home Furnish Str	0
Electronics & Appl Store	7
Bldg Matl/Garden Equip	20
Food & Beverage Stores	101
Health/Pers Care Stores	7
Gasoline Stations	5
Clothing/Accessory Store	15
Sports/Hobby/Book/Music	7
General Merchandise Str	0
Misc Store Retailers	8
Nonstore Retailers	0

Transportation/Warehouse	25
Information	36

Finance & Insurance	48
Cntrl Bank/Crdt Intrmdtn	38
Sec/Cmdty Cntrct/Oth Inv	5
Insur/Funds/Trusts/Other	5

Real Estate/Rent/Leasing	13
Prof/Scientific/Tech Srv	72
Legal Services	4
Mgmt of Comp/Enterprises	25
Admin/Support/Waste Mgmt	79
Educational Services	147
HealthCare/Social Assist	151
Arts/Entertainment/Rec	4

Accommodation/Food Srvcs	172
Accommodation	25
Food Srv/Drinking Places	147

Other Srv excl Pub Admin	53
Auto Repair/Maintenance	1
Public Administration Emp	24

Source: ESRI, 2022-06-10

Educational Attainment (25+)

Milford	2022
Some High School	119
Graduated High School	569
Associates Degree	337
Bachelor's Degree	396
Graduate Degree	98

Source: ESRI, 2022-06-10

Businesses

Businesses by NAICS

Category	Number
Total Businesses	150
Agr/Forestry/Fish/Hunt Bus	2
Mining Bus	1
Utilities Bus	0
Construction Bus	13
Manufacturing Bus	5
Wholesale Trade Bus	5

Retail Trade Bus	18
Motor Veh/Parts Dealers Bus	1
Furn & Home Furnish Str Bus	0
Electronics & Appl Store Bus	2
Bldg Matl/Garden Equip Bus	4
Food & Beverage Stores Bus	3
Health/Pers Care Stores Bus	1
Gasoline Stations Bus	1
Clothing/Accessory Store Bus	1
Sports/Hobby/Book/Music Bus	2
General Merchandise Str Bus	0
Misc Store Retailers Bus	3
Nonstore Retailers Bus	0

Transportation/Warehouse Bus	6
Information Bus	6

Finance & Insurance Bus	6
Cntrl Bank/Crdt Intrmdtn Bus	3
Sec/Cmdty Cntrct/Oth Inv Bus	2
Insur/Funds/Trusts/Other Bus	1

Real Estate/Rent/Leasing Bus	5
Prof/Scientific/Tech Srv Bus	10
Legal Services Bus	1
Mgmt of Comp/Enterprises Bus	1
Admin/Support/Waste Mgmt Bus	11
Educational Services Bus	5
HealthCare/Social Assist Bus	13
Arts/Entertainment/Rec Bus	2

Accommodation/Food Srvcs Bus	14
Accommodation Bus	4
Food Srv/Drinking Places Bus	10

Other Srv excl Pub Admin Bus	18
Auto Repair/Maintenance Bus	1
Public Administration Bus	5

Source: ESRI, 2022-06-10

Fast Facts About Iowa Lakes

Highway improvements...

Safe and efficient highways are throughout the region for commercial, resident and tourist traffic. Recently improved roads include Iowa 86 and 9, and US 20 and 71.

Highway 86-new

Low cost of living and affordable housing...

The cost of living and housing prices in the Iowa Lakes Corridor are below the US averages.

Affordability-new

Employment Opportunity

The Corridor offers career opportunities in the key industries of agriculture, manufacturing, wholesale and retail trade, and health services.

Employment-new

Community Information

Fast Facts About Iowa Lakes

Highway improvements...

Low cost of living and affordable housing...

Employment Opportunity

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