Income/capita 10%
Household income 15%
Unemployment 50%
Income per capita$26,721$28,872$29,829
Median household income$47,044$54,570$55,322
Median income owner occupied$60,161$66,527$70,586
Median income renter occupied$27,574$30,828$35,192
Median earnings male$39,383$37,409$36,919
Median earnings female$18,726$25,115$26,250
Unemployment rate2.3%3.1%4.7%
Poverty level12.2%12.3%15.1%

Key findings

  • The income per capita in Milford is 10% lower than the national average
  • The median household income in Milford is 15% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Milford is 50% lower than the national average
  • The poverty level in Milford is 19% lower than the national average

Best Places for Employment in and Around Milford

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Compare Milford, IA Employment

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      am i middle class

      $Input your household income
      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.

      Milford median earnings by income bracket

      Milford employment by industry

      Labour TypeMaleFemale
      Construction industry12.6%0.0%
      Manufacturing sector25.5%6.0%
      Financial & insurance services1.8%3.8%
      Wholesale & retail services18.4%10.9%
      Public administration0.0%3.7%
      Transportation, warehousing & utilities4.3%1.4%
      Education, health & social services1.2%32.8%

      Nearby cities with high median household income

      City, StatePopulationHousehold IncomeNational Avg.
      Wahpeton, IA394$68,43824%
      Orleans, IA459$64,13516%
      Fostoria, IA194$63,25014%
      Okoboji, IA814$59,6888%
      Lake Park, IA1,171$58,4726%
      Milford, IA2,991$47,04415%

      Cities with similar population

      City, StatePopulationHousehold IncomeNational Avg.
      Yountville, CA2,991$72,19430%
      Churchill, PA2,990$88,60560%
      Arcadia, WI2,990$45,97217%
      Riverview, DE2,993$91,51065%
      Tipton, CA2,993$32,89541%
      Milford, IA2,991$47,04415%
      Source: The Milford, IA employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).