Milford, IN
1,661Residents
$51,667Median household income
$1,029/moMedian gross rent
$159,700Median home value
43.0Median age
9%Adults with a bachelor’s degree or higher
76%Homes lived in by their owners
3.1×Home value to household income
Median rent takes about 24% 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 $41,000 a year. In Indiana that leaves roughly $2,824 a month after tax. See the full paycheck breakdown for $40,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.