Milford, CT
51,023Residents
$111,201Median household income
$1,882/moMedian gross rent
$415,200Median home value
46.3Median age
50%Adults with a bachelor’s degree or higher
76%Homes lived in by their owners
3.7×Home value to household income
Median rent takes about 20% of the median household income in Milford.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $75,000 a year. In Connecticut that leaves roughly $4,820 a month after tax. See the full paycheck breakdown for $75,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.