Milford, IL Employment - Median Household Income, Unemployment Rate

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D

22%

Income/capita NAT. AVG.

11%

Household income NAT. AVG.

27%

Unemployment NAT. AVG.

Index	Milford	Illinois	National
Income per capita	$35,181	$47,397	$44,883
Median household income	$72,161	$88,967	$81,333
Median income owner occupied	$82,448	$111,557	$106,172
Median income renter occupied	$32,157	$52,117	$52,080
Median earnings male	$47,880	$60,185	$54,343
Median earnings female	$37,587	$40,368	$38,439
Unemployment rate	3.6%	6.6%	4.9%
Poverty level	13.2%	14.0%	15.1%

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107 N Chicago St

Milford, IL

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Milford, IL

205 S Axtel Ave

Milford, IL

204 N Chicago St

Milford, IL

Key findings

The income per capita in Milford is 22% lower than the national average
The median household income in Milford is 11% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Milford is 27% lower than the national average
The poverty level in Milford is 13% lower than the national average

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am i middle class

$48,102 $72,161 $144,322

City

$59,305 $88,967 $177,934

State

$54,216 $81,333 $162,666

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	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	293	$91,653	12.7%
Crescent City, IL	504	$85,545	5.2%
Ambia, IN	230	$82,329	1.2%
Earl Park, IN	361	$80,048	1.6%
Kentland, IN	1,872	$74,190	8.8%
Milford, IL	1,272	$72,161	11.3%

Cities with similar population

City	Population	Household Income	National Avg.
Brilliant, AL	1,272	$60,038	26.2%
Shelton, NE	1,272	$74,193	8.8%
Newville, PA	1,272	$65,199	19.8%
Clark, SD	1,272	$60,165	26.0%
Saint-Valère, QC	1,272	n/a
Milford, IL	1,272	$72,161	11.3%

Source: The Milford, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.