HomeIllinoisIroquois CountyMilford village
Milford village, Illinois: commercial real estate data.
Milford village is a Census village of 1,052 people across 0.67 square miles of land, in Iroquois County. Median household income is $46,827, 79.1 percent of occupied homes are owned.
54 sourced place values · tier FULL · 7 sections
Milford
What Milford is
- Census place typevillage
- Land area0.67 sq mi
- Water area0 sq mi
- Population per square mile of land1,568
- County holding the largest share of its areaIroquois County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milford
How many people live in Milford
- Population1,052
- Median age41.8
- Population under 18201 plus or minus 55
- Share under 1819.1 percent plus or minus 4.5
- Population 65 and over217 plus or minus 48
- Share 65 and over20.6 percent
- Households527
- Family households269
- Share of households that are families51.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milford
Income and work in Milford
- Median household income$46,827 plus or minus $9,973
- Per capita income$26,917
- Civilian labor force475 plus or minus 109
- Employed455 plus or minus 107
- Unemployed20 plus or minus 17
- Unemployment rate4.2 percent plus or minus 3.4
- Adults 25 and over774
- Adults 25 and over with a high school diploma or higher81.4 percent
- Adults 25 and over with a bachelor degree or higher22.4 percent plus or minus 7.4
- Adults 25 and over with a graduate degree4.4 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milford
Housing in Milford
- Housing units601
- Occupied units527
- Vacant units74 plus or minus 47
- Vacancy rate12.3 percent plus or minus 7.6
- Owner occupied417
- Renter occupied110 plus or minus 36
- Ownership rate79.1 percent
- Median owner-occupied home value$74,600
- Median gross rent, monthly$716
- Annual rent as a share of median income18.3 percent plus or minus 4.4
- Single family units516
- Share single family85.9 percent
- Units in buildings of two or more69 plus or minus 38
- Share in buildings of two or more11.5 percent plus or minus 6.1
- Mobile homes16 plus or minus 23
- Median year structure built1964
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milford
How Milford gets to work
- Workers 16 and over who commute430 plus or minus 108
- Commuting under 15 minutes126 plus or minus 41
- Share commuting under 15 minutes29.3 percent plus or minus 5.9
- Commuting 30 minutes or more107 plus or minus 47
- Share commuting 30 minutes or more24.9 percent plus or minus 9.0
- Drove alone87.9 percent
- Carpooled0.0 percent
- Public transport0.0 percent
- Walked4.0 percent plus or minus 3.7
- Worked from home3.6 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milford
Flood programme status in Milford
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170294
- Currently effective map date08/16/11
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Iroquois County, not Milford
Iroquois County context, not Milford figures
These are Iroquois County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Milford measurements.
- Establishments in Iroquois County625
- Employment at those establishments, Iroquois County5,568
- Covered employment, Iroquois County7,372
- Average annual pay, Iroquois County$50,100
- Average weekly wage, Iroquois County$963
- Housing units permitted, Iroquois County13
- Of those, single family, Iroquois County13
- County product, 2024, Iroquois County$1,424,954,000
- County product change over the prior year, Iroquois County3.4 percent
- Average income of an arriving household, Iroquois County$56,245
Every figure in this section is published for Iroquois County as a whole and is not a measurement of Milford. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Milford questions, answered from the record.
How many people live in Milford, Illinois?
1,052, in 527 households. Milford village covers 0.67 square miles of land, which is 1,568 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Milford in?
Iroquois County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Milford?
$46,827. The median owner-occupied home is valued at $74,600. Median gross rent is $716 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Is Milford in the National Flood Insurance Program?
Yes. Milford appears in the FEMA Community Status Book as community 170294, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Milford figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Iroquois County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Milford.
Is zoning published for Milford?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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