Milford is a gorgeous town with loads of history. It is full of antique shops and old architecture, and if you are an outdoorsy person/family then this place has got everything you need to hunt, fish, shoot, hike, bike, etc. Unfortunately, if you don't already have an established career, it will be nearly impossible for you to begin a comfortable business here. There are many shops in the heart of Milford that have opened, closed and reopened so often that the locals can't keep track of the supermarket's newest name, or who currently owns the popular deli on Broadstreet. People living here are miserable in the winter because it gets unbearably, painfully cold; however, in the summer and fall, Milford is incredibly beautiful, with bursting trees and blooming flowers aplenty.
Long story short, I will most likely enjoy taking summer trips to Milford someday in the future, but I won't be staying here to live.
Amenities include a medium sized theatre, hiking trails along the Delaware and various waterfalls, PEEC and "Have a Hoot" family fun center. Shopping in town is limited, but there are a few boutiques and interior design/decoration shops. Restaurants of note include Apple Valley, the Milford Diner and Chang Mao. There are more options about 5-10 minutes out of town past the Wal-Mart, where the theater is: Perkins, Jake's Wayback Burgers, Rudy's Frozen Yogurt (previously Yocups), etc. Other than that, events to consider attending are the Milford Music Fest (June), Black Bear Film Festival (October) and weekly happenings like Open Mic nights at the Frisky Goat Coffee House (previously Broad Street Coffee House and 7th Street Coffee).