Milford Mill, Maryland Population

Milford Mill, Maryland has a population of 30,500, with a median household income of $78,900.

Current population data for Milford Mill.

30,500

👥

Population

30,500

💰

Median Income

$78,900

📉

Unemployment

4.60%

🏠

Housing Price

$389,500

🚨

Crime Rate

3.90

🌐

Internet Speed

246.00 Mbps

Milford Mill is a notable city in Maryland, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Milford Mill has a population of 30,500, which is higher than the state average. This indicates a relatively larger urban presence within Maryland.

Income and Economy

The median household income in Milford Mill is $78,900, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Milford Mill is about $389,500, making it relatively affordable compared to many cities in Maryland.

Employment and Safety

The unemployment rate in Milford Mill is 4.60%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Milford Mill are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Maryland, Milford Mill shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Milford Mill offers a balanced mix of economic conditions, population trends, and housing opportunities within Maryland.

Frequently Asked Questions about Milford Mill

What is the population of Milford Mill?

The population of Milford Mill is approximately 30,500.

Is Milford Mill a good place to live?

Milford Mill offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Milford Mill?

The median household income in Milford Mill is around $78,900.

How expensive is housing in Milford Mill?

The average housing price in Milford Mill is approximately $389,500.