Milford: Economy & Jobs
Milford's typical household earns $59,464 (1.3× below Kent County median $74,477; 1.4× below Delaware median $84,954), with homes at a median value of $296,900. The surrounding county supports 71,071 jobs (avg $57,464).
- $65,091 avg taxable income per return — similar than the median household income (vs Delaware $89,269).
Income & Affordability
Median household income $59,464 — below the Delaware median ($76,912). Poverty rate 17.2% (U.S. average ~12.5%). 45% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).
| Affordability · Home Price To Income | 5.0× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 23.9% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 45.1% |
| Affordability · Poverty Rate | 17.2% |
| Affordability · Property Tax Pct Income | 2.5% |
| Irs Income · IRS tax returns filed | $88,490 |
| Irs Income · Total Adjusted Gross Income (thousands) | $5,759,882 |
| Irs Income · Average AGI per return | $65,091 (vs Delaware $89,269) |
| Irs Income · Year | 2022 |
| Income Estimate | $62,975 |
| Median Household Income | $59,464 (vs Delaware $76,912) |
| Poverty Rate | 17.2% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | mixed |
|---|---|
| Economic Character · Top Industry | Education Healthcare |
| Economic Character · Income Level | middle-class |
| Economic Character · Median Income | $59,464 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 3.0% — below the U.S. average of ~4%. 8% work from home (U.S. average ~15%).
| Commuter Profile · Mean Commute Min | 23.30 |
|---|---|
| Commuter Profile · Work From Home Pct | 8.1% |
| Commuter Profile · Profile | short commute |
| Employment · Avg annual employment (county) | 71,071 |
| Employment · Total annual wages (county) | $4,084,038,467 |
| Employment · Average annual pay | $57,464 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 469,280 |
| Unemployment Rate | 3.0% (vs Delaware 4.1%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 113 |
|---|---|
| Agriculture · Land In Farms Acres | 96,030 |
| Agriculture · Avg Farm Size Acres | 849.80 |
| Agriculture · Top Commodities | Animal Totals, Poultry Totals, Crop Totals, Grain, Corn |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 4,717 |
| Business Patterns · Total Employees | 58,874 |
| Business Patterns · Annual Payroll Thousands | 3,090,595 |
| Business Patterns · Year | 2022 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Grocery Stores | 24 |
|---|---|
| Local Businesses · Convenience Stores | 15 |
| Local Businesses · Liquor Stores | 47 |
| Local Businesses · Gas Stations | 46 |
| Local Businesses · Department Stores | 4 |
| Local Businesses · General Merchandise | 38 |
| Local Businesses · Clothing Stores | 11 |
| Local Businesses · Pet Stores | 7 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 129 |
|---|---|
| Dining Scene · Fast Food | 128 |
| Dining Scene · Bars | 6 |
| Dining Scene · Coffee Snacks | 26 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (7)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (5)
| Nearest Snap · Name | Shore Stop 256 |
|---|---|
| Nearest Snap · Total In Area | 25 |
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | CHAMBER OF COMMERCE FOR GREATER MILFORD INC |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $1,782,741,900 |
|---|---|
| Federal Spending · Per Capita | 9,803.31 (vs Delaware $6,933) |
| Federal Spending · Population | 181,851 people (vs Delaware 13,439) |
Sources: USAspending API
Other
| Pct Drove Alone | 81.9% |
|---|---|
| Pct Public Transit | 1.4% |
| Pct Walked | 8.1% |
| Retirement Score · Median age | 41.9 years (vs Delaware 37.0y) |
| Retirement Score · Ss Household Pct | 42.6% |
| Retirement Score · Hospitals Nearby | 2 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | older population, strong SS base, hospital access, VA nearby |
| Retirement Score · Rating | excellent |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12