Milford, IA
3,311Residents
$63,369Median household income
$887/moMedian gross rent
$218,400Median home value
47.3Median age
22%Adults with a bachelor’s degree or higher
70%Homes lived in by their owners
3.4×Home value to household income
Median rent takes about 17% 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 $35,000 a year. In Iowa that leaves roughly $2,414 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.