HomePennsylvaniaPike CountyMilford borough
Milford borough, Pennsylvania: commercial real estate data.
Milford borough is a Census borough of 1,198 people across 0.47 square miles of land, in Pike County. Median household income is $74,844, 43.1 percent of occupied homes are owned, and the SBA record carries 11 7(a) approvals to borrowers here worth $1.6 m.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Milford
What Milford is
- Census place typeborough
- Land area0.47 sq mi
- Water area0.02 sq mi
- Population per square mile of land2,554
- County holding the largest share of its areaPike 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
- Population1,198
- Median age42.3 plus or minus 14.2
- Population under 1884 plus or minus 36
- Share under 187.0 percent plus or minus 2.7
- Population 65 and over277 plus or minus 63
- Share 65 and over23.1 percent
- Households601
- Family households172 plus or minus 37
- Share of households that are families28.6 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$74,844 plus or minus $24,286
- Per capita income$46,069
- Civilian labor force746 plus or minus 217
- Employed728 plus or minus 220
- Unemployed18 plus or minus 16
- Unemployment rate2.4 percent plus or minus 2.0
- Adults 25 and over765
- Adults 25 and over with a high school diploma or higher96.9 percent
- Adults 25 and over with a bachelor degree or higher40.9 percent
- Adults 25 and over with a graduate degree15.6 percent plus or minus 4.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milford
Housing in Milford
- Housing units680
- Occupied units601
- Vacant units79 plus or minus 39
- Vacancy rate11.6 percent plus or minus 5.6
- Owner occupied259
- Renter occupied342 plus or minus 71
- Ownership rate43.1 percent
- Median owner-occupied home value$362,600
- Median gross rent, monthly$1,481
- Annual rent as a share of median income23.7 percent plus or minus 8.0
- Single family units362
- Share single family53.2 percent
- Units in buildings of two or more306 plus or minus 82
- Share in buildings of two or more45.0 percent plus or minus 10.7
- Mobile homes12 plus or minus 11
- Median year structure built1948
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 commute657 plus or minus 223
- Commuting under 15 minutes426 plus or minus 227
- Share commuting under 15 minutes64.8 percent plus or minus 26.7
- Commuting 30 minutes or more129 plus or minus 36
- Share commuting 30 minutes or more19.6 percent plus or minus 8.6
- Drove alone64.3 percent plus or minus 14.8
- Carpooled18.9 percent plus or minus 6.7
- Public transport1.2 percent plus or minus 1.6
- Walked5.5 percent plus or minus 3.6
- Worked from home9.5 percent plus or minus 3.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milford
SBA loans in Milford (7(a))
- Approvals11
- Gross approval$1,569,500
- Average approval$142,682
- Median approval$50,000
- Ninetieth percentile approval$400,000
- Largest approval$408,000
- Jobs supported96
- Jobs per approval8.7
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more9.1 percent
- Share to franchises0.0 percent
- Distinct lenders7
- Distinct industries by NAICS9
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Milford
SBA loans in Milford (504)
- Approvals4
- Gross approval$8,668,000
- Average approval$2,167,000
- Median approval$2,570,000
- Largest approval$5,475,000
- Jobs supported3
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Milford
Flood risk in Milford
- Listed NFIP communities5
- Of those, participating5
- NFIP community number421743
- Currently effective map date10/02/12
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.
Pike County, not Milford
Pike County context, not Milford figures
These are Pike 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 Pike County995
- Employment at those establishments, Pike County9,199
- Covered employment, Pike County12,452
- Average annual pay, Pike County$44,674
- Average weekly wage, Pike County$859
- Housing units permitted, Pike County190
- Of those, single family, Pike County190
- County product, 2024, Pike County$2,003,244,000
- County product change over the prior year, Pike County3.8 percent
- Average income of an arriving household, Pike County$89,292
Every figure in this section is published for Pike 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.
- 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, Pennsylvania?
1,198, in 601 households. Milford borough covers 0.47 square miles of land, which is 2,554 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?
Pike 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?
$74,844. The median owner-occupied home is valued at $362,600. Median gross rent is $1,481 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Milford businesses?
11 7(a) approvals totalling $1.6 m, across 7 lenders, median approval $50,000, plus 4 504 approvals worth $8.7 m. These count approvals to borrowers whose address is in Milford, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Milford borrowers get paid back?
No rate is published for Milford. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Milford in the National Flood Insurance Program?
Yes. Milford appears in the FEMA Community Status Book as community 421743, 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 Pike 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.