Milford

Milford, Iowa, is the Southern Gateway to the Iowa Great Lakes

Welcome to Milford, Iowa, where the beauty of the Iowa Great Lakes meets small-town charm. As the Southern Gateway to the Iowa Great Lakes, Milford offers a welcoming community with a range of amenities and activities to enjoy.

Community Life

Milford is home to the mythical University of Okoboji and is proud of its title as The Gateway to the Iowa Great Lakes. The city boasts numerous city parks, including Buchanan, Calkins, Florence, and Memorial, providing ample green spaces for recreation and relaxation. Milford is also known for its high-standard school system and is the proud home of the Okoboji Pioneers.

Quality of Life

Living in Milford is a pleasure. With a population of just over 3,000 people, the town offers a close-knit community where neighbors become friends. Surrounded by the rolling hills of western Iowa, residents enjoy a range of outdoor activities year-round, from fishing and camping to hiking in nearby lakes and state parks. The town also hosts a variety of festivals and events, adding to its vibrant community spirit.

Business and Entrepreneurship

Milford has a thriving business community, with a diverse range of industrial, retail, and professional businesses. The town's economy is supported by manufacturing, farming, and locally owned companies, providing stability and growth opportunities. With over 300 businesses calling Milford home, the town offers extensive resources to support local entrepreneurs and businesses.

Reasons for Businesses to Relocate to Milford

Milford's local government is known for being friendly toward business growth and development. Affordable utility prices and robust infrastructure support make it an ideal location for businesses looking to relocate or expand. With growing local business opportunities, Milford is a place where businesses can thrive.

Join us in Milford, Iowa, and experience the best of small-town living in the heart of the Iowa Great Lakes. For information concerning economic development incentives, programs, and more please get in touch with the Milford City Clerk at 712-338-2741.

Population

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Population

Population 2000 2010 2025 2030
Milford 2,476 2,900 3,509 3,711

Source: ESRI, 2025-08-25

Population by Age

Population 2025
0-4 181
5-9 206
10-14 218
15-19 230
20-24 221
25-29 153
30-34 219
35-39 219
40-44 217
45-49 228
50-54 184
55-59 162
60-64 242
65-69 235
70-74 229
75-79 167
80-84 99
85+ 99
18+ 2,754
Median Age 43

Source: ESRI, 2025-08-25

Population by Race

Milford 2025
Total 3,509.00
White Alone 91.39%
Black Alone 1.14%
American Indian Alone 0.03%
Asian Alone 0.71%
Pacific Islander Alone 0.26%
Some Other Race 1.71%
Two or More Races 4.76%
Hispanic Origin 4.27%
Diversity Index 23.10

Source: ESRI, 2025-08-25

Growth Rate

Milford 2025 - 2030
Population 1.13%
Households 1.64%
Families 1.62%
Median Household Income 3%
Per Capita Income 3%

Source: ESRI, 2025-08-25

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Housing

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Households

Population 2000 2010 2025 2030
Households 1,043 1,275 1,558 1,690
Housing Units 1,130 1,413 1,734 1,909
Owner Occupied Units 1,148 1,269
Renter Occupied Units 410 421
Vacant Units 176 219

Source: ESRI, 2025-08-25

Home Value

Milford 2025 2030
Median Home Value $247,984 $355,714
Average Home Value $355,224 $471,458
<$50,000 49 32
$50,000 - $99,999 83 38
$100,000 - $149,999 94 58
$150,000 - $199,999 110 95
$200,000 - $249,999 248 216
$250,000 - $299,999 126 137
$300,000 - $399,999 88 105
$400,000 - $499,999 97 132
$500,000 - $749,999 177 329
$1,000,000 + 6 8

Source: ESRI, 2025-08-25

Housing Year Built

Year Range Houses Built
2010 or Later 250
2000-2009 168
1990-1999 240
1980-1989 286
1970-1979 232
1960-1969 103
1950-1959 143
1940-1949 19
1939 or Before 207

Source: ESRI, 2025-08-25

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Income

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Income

Milford 2025 2030
Median Household $63,124 $72,131
Average Household $91,275 $104,985
Per Capita $40,567 $47,848

Source: ESRI, 2025-08-25

Household Income

Milford 2025
<$15,000 83
$15,000 - $24,999 160
$25,000 - $34,999 130
$35,000 - $49,999 214
$50,000 - $74,999 300
$75,000 - $99,999 166
$100,000 - $149,999 295
$150,000 - $199,999 97
$200,000+ 113

Source: ESRI, 2025-08-25

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Employees

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Commute

Category Commuters
Workers 16+ 1,841
In-County Residents 1,522
Out-of-County Residents 286
Drive Alone 1,406
Carpooled 219
Public Transport 0
Work at Home 69
Motorcycle 0
Bicycle 0
Walked 41
Other 106
Less than 5 minutes 208
5-9 minutes 311
10-14 minutes 246
15-19 minutes 489
20-24 minutes 280
25-29 minutes 44
30-34 minutes 31
35-39 minutes 36
40-44 minutes 36
45-59 minutes 9
60-89 minutes 33
90+ minutes 49
Average Travel Time 0

Source: ESRI, 2025-08-25

Source: ESRI, 2025-08-25

Employees by NAICS

Category Number
Total Employees 1,386
Agr/Forestry/Fish/Hunt 4
Mining 0
Utilities 9
Construction 73
Manufacturing 27
Wholesale Trade 99
   
Retail Trade 230
   
Transportation/Warehouse 21
Information 37
   
Finance & Insurance 50
   
Real Estate/Rent/Leasing 16
Prof/Scientific/Tech Srv 78
Legal Services 3
Mgmt of Comp/Enterprises 25
Admin/Support/Waste Mgmt 72
Educational Services 145
HealthCare/Social Assist 230
Arts/Entertainment/Rec 2
   
Accommodation/Food Srvcs 172
   
Other Srv excl Pub Admin 70
Auto Repair/Maintenance 2
Public Administration Emp 26

Source: ESRI, 2025-08-25

Educational Attainment (25+)

Milford 2025
<9th Grade 36
Some High School 58
GED 73
Graduated High School 600
Some College/No Degree 579
Associates Degree 473
Bachelor's Degree 524
Graduate Degree 110

Source: ESRI, 2025-08-25

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Businesses

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Businesses by NAICS

Category Number
Total Businesses 166
Agr/Forestry/Fish/Hunt Bus 2
Mining Bus 0
Utilities Bus 1
Construction Bus 13
Manufacturing Bus 6
Wholesale Trade Bus 8
   
Retail Trade Bus 20
   
Transportation/Warehouse Bus 5
Information Bus 6
   
Finance & Insurance Bus 7
   
Real Estate/Rent/Leasing Bus 6
Prof/Scientific/Tech Srv Bus 11
Legal Services Bus 1
Mgmt of Comp/Enterprises Bus 1
Admin/Support/Waste Mgmt Bus 11
Educational Services Bus 3
HealthCare/Social Assist Bus 18
Arts/Entertainment/Rec Bus 2
   
Accommodation/Food Srvcs Bus 14
   
Other Srv excl Pub Admin Bus 21
Auto Repair/Maintenance Bus 2
Public Administration Bus 6

Source: ESRI, 2025-08-25

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