B-

Milford, NE

Source:

Affordability Score: 66/100

Population: 3,257 · 1 ZIP codes

The affordability dashboard for Milford, NE aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 3,257 residents, then layers in county-level federal data to produce an overall grade of B- (66/100). The headline inputs are median household income of $75,250, median home value of $244,600, median rent of $890 per month, and 26.6% 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 $967 per month (studio $730, 1BR $756, 3BR $1,345, 4BR $1,450). Department of Labor data lists infant center-based childcare at $9,737 per year, consuming 13% 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, NE include commute, rent. Unemployment currently reads 4.1% and poverty 6.6% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C+
$75,250
Median household income
Education D
26.6%
Bachelor's degree or higher
Housing C
3.3x
Home value $244,600 vs income
Commute B+
20 min
Average commute time
Rent A
$967/mo
2BR fair market rent (15% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C+
$9,737/yr
Center-based infant care (13% of income)

Income & Employment

Median Income
$75,250
▲ 21% vs national
Per Capita Income
$36,613
Unemployment Rate
4.1%
Poverty Rate
6.6%

Housing

Median Home Value
$244,600
▼ 11% vs national
Median Rent
$890/mo
Owner Occupied
65.0%
2BR Fair Market Rent
$967/mo
▼ 19% vs national

Fair Market Rents by Bedroom

Studio
$730
1BR
$756
2BR
$967
3BR
$1,345
4BR
$1,450

Safety

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

Education & Family

Bachelor's Degree+
26.6%
▼ 3 ppt vs national
High School+
52.6%
Median Age
35.7
Avg. Commute
20 min
▼ 6 min vs national

Childcare Costs

Infant (Center)
$9,737/yr
13% of income
Toddler (Center)
$9,230/yr
Preschool (Center)
$8,450/yr
School-Age (Center)
$8,190/yr

What This Means

Milford, NE receives an overall affordability grade of B- (66/100), aggregated from 1 ZIP codes with a total population of 3,257. This area performs well in commute and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Milford, NE affordable?
Milford, NE receives an overall affordability grade of B- (66/100) based on Census, HUD, FBI, and DOL data. Median household income is $75,250. Median home value is $244,600.
What is the cost of living in Milford?
Key cost metrics: Median rent $890/mo. 2BR fair market rent $967/mo. Infant childcare $9,737/yr. Median home value $244,600.
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 →