B-

Milford, CT

Source:

Affordability Score: 67/100

Population: 52,759 · 2 ZIP codes

The affordability dashboard for Milford, CT aggregates Census ACS 5-Year Estimates across 2 ZIP codes covering 52,759 residents, then layers in county-level federal data to produce an overall grade of B- (67/100). The headline inputs are median household income of $112,320, median home value of $415,937, median rent of $1,970 per month, and 50.5% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,895 per month (studio $1,299, 1BR $1,569, 3BR $2,283, 4BR $3,182). Department of Labor data lists infant center-based childcare at $18,200 per year, consuming 16% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Milford, CT include income, education, rent. Unemployment currently reads 4.4% and poverty 5.1% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A-
$112,320
Median household income
Education A-
50.5%
Bachelor's degree or higher
Housing D
3.7x
Home value $415,937 vs income
Commute C-
26 min
Average commute time
Rent B+
$1,895/mo
2BR fair market rent (20% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$18,200/yr
Center-based infant care (16% of income)

Income & Employment

Median Income
$112,320
▲ 81% vs national
Per Capita Income
$60,909
Unemployment Rate
4.4%
Poverty Rate
5.1%

Housing

Median Home Value
$415,937
▲ 51% vs national
Median Rent
$1,970/mo
Owner Occupied
76.1%
2BR Fair Market Rent
$1,895/mo
▲ 58% vs national

Fair Market Rents by Bedroom

Studio
$1,299
1BR
$1,569
2BR
$1,895
3BR
$2,283
4BR
$3,182

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
50.5%
▲ 21 ppt vs national
High School+
75.2%
Median Age
46.8
Avg. Commute
26 min
▼ 0 min vs national

Childcare Costs

Infant (Center)
$18,200/yr
16% of income
Toddler (Center)
$18,200/yr
Preschool (Center)
$14,820/yr
School-Age (Center)
$6,760/yr

What This Means

Milford, CT receives an overall affordability grade of B- (67/100), aggregated from 2 ZIP codes with a total population of 52,759. This area performs well in income and education and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Milford ZIP Codes
View all 2 ZIP codes with demographics and individual scorecards
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What are common questions about this dashboard?

Is Milford, CT affordable?
Milford, CT receives an overall affordability grade of B- (67/100) based on Census, HUD, FBI, and DOL data. Median household income is $112,320. Median home value is $415,937.
What is the cost of living in Milford?
Key cost metrics: Median rent $1,970/mo. 2BR fair market rent $1,895/mo. Infant childcare $18,200/yr. Median home value $415,937.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →