ZIP Code 06461

standard

Source:

Milford · New Haven County · Connecticut

Population
14,552

584/sq mi

Median income
$133,221

▲ 75% vs US

higher than 94% of US ZIPs

Median home value
$424,700

▲ 53% vs US

higher than 82% of US ZIPs

Bachelor's or higher
54.0%

Median age 44.1

Land area
24.9 sq mi

New York

ZIP code 06461 in Milford, Connecticut has a population of 14,552. The median household income is $133,221, which is 75% above the national average. Median home value is $424,700, 53% above the US average. 54.0% of residents hold a bachelor's degree or higher.

ZIP code 06461 is classified by USPS as a standard delivery area and covers roughly 24.9 square miles in Milford, New Haven County, Connecticut. The area is home to 14,552 residents, producing a population density of 584 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 06461 against Connecticut and the nation.

On the economic side, the median household income for ZIP 06461 sits at $133,221 (18% above the Connecticut average), while per-capita income is $62,136. The poverty rate stands at 4.2% and the unemployment rate at 3.1%. On housing, the median home value is $424,700 (2% below the state average) with median rent at $2,299 per month, and 89.0% of occupied units are owner-occupied, a direct signal of whether 06461 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 54.0% of adults hold a bachelor's degree or higher, the median age is 44.1, and the average commute is 24 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing New Haven County, so you can benchmark 06461 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 06461

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 06461.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 06461, Milford, CT · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

14,552

Population

24.9

Area (sq mi)

584

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 06461?

44.1

Median Age

50.6%

Male

49.4%

Female

10.1%

Foreign-Born

White 78.8%
African American 2.3%
Asian 5.8%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 9.8%
Hispanic or Latino 11.2%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$133,221

Median Household Income

+18% vs state

$62,136

Per Capita Income

4.2%

Poverty Rate

3.1%

Unemployment Rate

24.2 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 75.2%
Bachelor's Degree or Higher 54.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

6,051

Total Housing Units

5,823

Occupied Units

228

Vacant Units

2.55

Avg Household Size

Occupancy Type

Owner 89.0%
Renter 11.0%

$424,700

Median Home Value

-2% vs state

$2,299

Median Rent

1975

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+8.1%

YoY Change (2024)

231

HPI Index (2000 = 100)

+131%

Total Change Since 2000

Home values in ZIP 06461 have increased 8.1% over the past year (2024). Since 2000, this ZIP has seen +131% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.1% 151
2021 +15.4% 175
2022 +11.7% 195
2023 +9.3% 213
2024 +8.1% 231

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 204 business establishments in ZIP 06461, employing approximately 4,632 people with a combined annual payroll of $392,933,000.

204

Businesses

4,632

Employees

$392.9M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 44 21.6%
Construction 29 14.2%
Other services (except public administration) 17 8.3%
Administrative and support and waste management and remediation services 16 7.8%
Manufacturing 15 7.3%
Finance and insurance 14 6.9%
Health care and social assistance 14 6.9%
Accommodation and food services 10 4.9%
Wholesale trade 9 4.4%
Real estate and rental and leasing 9 4.4%
Retail trade 8 3.9%
Transportation and warehousing 8 3.9%
Arts, entertainment, and recreation 4 2.0%
Information 3 1.5%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 06461 vs 06460 →

ZIP Code City Population Distance
06460 Milford, CT 38,207 2.1 mi
06614 Stratford, CT 32,929 2.8 mi
06477 Orange, CT 13,956 3.9 mi
06418 Derby, CT 12,914 6.0 mi
06401 Ansonia, CT 19,237 7.2 mi
06615 Stratford, CT 18,453 5.6 mi
06610 Bridgeport, CT 22,735 5.5 mi
06484 Shelton, CT 39,559 5.6 mi
06516 West Haven, CT 55,564 6.1 mi
06483 Seymour, CT 16,540 9.8 mi

More ZIP Codes in New Haven County

Frequently Asked Questions

What county is ZIP code 06461 in?
ZIP code 06461 (Milford) is located in New Haven County, Connecticut. New Haven County contains multiple ZIP codes, see the full list at /counties/new-haven-ct.
What is the population of ZIP code 06461?
ZIP code 06461 in Milford, CT has a population of 14,552 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 06461?
The median household income in ZIP 06461 is $133,221, which is 75% above the national average of $76,288.
What is the average home value in ZIP 06461?
The median home value in ZIP 06461 is $424,700, which is 53% above the national average of $278,155.
What is the demographic makeup of ZIP 06461?
The largest racial group in ZIP 06461 is White at 78.8%. Hispanic or Latino residents make up 11.2% of the population.
How many businesses are in ZIP code 06461?
ZIP code 06461 has 204 business establishments employing approximately 4,632 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 06461?
The top industries by establishment count in ZIP 06461 are: Professional, scientific, and technical services (44), Construction (29), Other services (except public administration) (17). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 06461?
According to the FHFA House Price Index, home values in ZIP 06461 increased by 8.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 131%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 06461?
In ZIP code 06461, 75.2% of residents aged 25+ have a high school diploma or higher, and 54.0% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 06461?
The mean commute time for workers in ZIP code 06461 is 24.2 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 06461?
In ZIP code 06461, approximately 89.0% of occupied housing units are owner-occupied and 11.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 06461?
The poverty rate in ZIP code 06461 is 4.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Milford, CT

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.