Milford, IA Employment - Median Household Income, Unemployment Rate

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B-

2%

Income/capita NAT. AVG.

2%

Household income NAT. AVG.

84%

Unemployment NAT. AVG.

Index	Milford	Iowa	National
Income per capita	$30,342	$28,872	$29,829
Median household income	$54,375	$54,570	$55,322
Median income owner occupied	$60,000	$66,527	$70,586
Median income renter occupied	$27,417	$30,828	$35,192
Median earnings male	$37,461	$37,409	$36,919
Median earnings female	$33,506	$25,115	$26,250
Unemployment rate	0.8%	3.1%	4.7%
Poverty level	5.8%	12.3%	15.1%

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Key findings

The income per capita in Milford is 2% higher than the national average
The median household income in Milford is 2% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Milford is 84% lower than the national average
The poverty level in Milford is 62% lower than the national average

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am i middle class

$36,246 $54,375 $108,750

City

$36,376 $54,570 $109,140

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Milford median earnings by income bracket

Milford employment by industry

Labour Type	Male	Female
Construction industry	7.4%	7.4%
Manufacturing sector	25.6%	25.6%
Financial & insurance services	2.4%	2.4%
Wholesale & retail services	15.5%	15.5%
Public administration	2.0%	2.0%
Transportation, warehousing & utilities	4.1%	4.1%
Education, health & social services	12.2%	12.2%
Other	30.9%	30.9%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Wahpeton, IA	417	$93,333	68.7%
Fostoria, IA	180	$75,625	36.7%
West Okoboji, IA	345	$70,625	27.7%
Arnolds Park, IA	964	$65,500	18.4%
Lake Park, IA	1,194	$62,222	12.5%
Milford, IA	3,015	$54,375	1.7%

Cities with similar population

City	Population	Household Income	National Avg.
Cambrian Park, CA	3,015	$183,194	231.1%
Fiskdale, MA	3,015	$72,606	31.2%
Paloma Creek, TX	3,015	$92,602	67.4%
Fairview CDP, NC	3,016	$61,010	10.3%
Bakerstown, PA	3,016	$109,091	97.2%
Milford, IA	3,015	$54,375	1.7%

Source: The Milford, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).