Milford, MI
6,487Residents
$105,713Median household income
$1,173/moMedian gross rent
$363,700Median home value
41.1Median age
50%Adults with a bachelor’s degree or higher
77%Homes lived in by their owners
3.4×Home value to household income
Median rent takes about 13% 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 $47,000 a year. In Michigan that leaves roughly $3,162 a month after tax. See the full paycheck breakdown for $45,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.