Milford, IL Employment - Median Household Income, Unemployment Rate

Get 300+ Local Insights for Any Address in Milford, IL

Get Access to 300+ Local Data Points

D

21%

Income/capita NAT. AVG.

14%

Household income NAT. AVG.

26%

Unemployment NAT. AVG.

Index	Milford	Illinois	National
Income per capita	$23,502	$31,502	$29,829
Median household income	$47,830	$59,196	$55,322
Median income owner occupied	$55,417	$75,354	$70,586
Median income renter occupied	$21,850	$34,488	$35,192
Median earnings male	$32,218	$40,474	$36,919
Median earnings female	$25,761	$27,197	$26,250
Unemployment rate	3.5%	5.3%	4.7%
Poverty level	13.2%	14.0%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

Key findings

The income per capita in Milford is 21% lower than the national average
The median household income in Milford is 14% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Milford is 26% lower than the national average
The poverty level in Milford is 13% lower than the national average

Compare Milford, IL Employment

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Best Places for Employment in and Around Milford

See all the best places to live around Milford

Write a review to give others more information about this area.

See all Milford poll results

am i middle class

$31,883 $47,830 $95,660

City

$39,460 $59,196 $118,392

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.

The best places in Illinois

Here are the best places to live in Illinois

These are the 10 cheapest cities in Illinois

Most Dangerous Cities In The US

See the best places to live in Milford

Milford median earnings by income bracket

Milford employment by industry

Labour Type	Male	Female
Construction industry	8.3%	8.3%
Manufacturing sector	18.0%	18.0%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	20.1%	20.1%
Public administration	3.6%	3.6%
Transportation, warehousing & utilities	6.5%	6.5%
Education, health & social services	11.2%	11.2%
Other	31.7%	31.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Iroquois, IL	287	$61,964	12.0%
Crescent City, IL	485	$57,500	3.9%
Ambia, IN	222	$54,500	1.5%
Earl Park, IN	353	$52,917	4.3%
Woodland, IL	338	$48,958	11.5%
Milford, IL	1,230	$47,830	13.5%

Cities with similar population

City	Population	Household Income	National Avg.
Hotchkiss, CO	1,230	$36,944	33.2%
Canaan, CT	1,230	$42,692	22.8%
Culver, IN	1,230	$30,906	44.1%
Dover Beaches South, NJ	1,230	$79,022	42.8%
Bellerose, NY	1,230	$178,542	222.7%
Milford, IL	1,230	$47,830	13.5%

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