Milford, NJ
1,166Residents
$71,806Median household income
$1,523/moMedian gross rent
$333,600Median home value
47.0Median age
37%Adults with a bachelor’s degree or higher
72%Homes lived in by their owners
4.6×Home value to household income
Median rent takes about 25% 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 $61,000 a year. In New Jersey that leaves roughly $4,012 a month after tax. See the full paycheck breakdown for $60,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.