HomeUtahBeaver CountyMilford city
Milford city, Utah: commercial real estate data.
Milford city is a Census city of 1,547 people across 2.14 square miles of land, in Beaver County. Median household income is $82,368, 68.5 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $7.3 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Milford
What Milford is
- Census place typecity
- Land area2.14 sq mi
- Water area0 sq mi
- Population per square mile of land723 plus or minus 167
- County holding the largest share of its areaBeaver 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
- Population1,547 plus or minus 358
- Median age29.4 plus or minus 8.0
- Population under 18420 plus or minus 132
- Share under 1827.1 percent plus or minus 5.8
- Population 65 and over167 plus or minus 70
- Share 65 and over10.8 percent plus or minus 3.8
- Households536 plus or minus 137
- Family households407 plus or minus 113
- Share of households that are families75.9 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$82,368
- Per capita income$33,382
- Civilian labor force774 plus or minus 205
- Employed756 plus or minus 202
- Unemployed18 plus or minus 22
- Unemployment rate2.3 percent plus or minus 2.8
- Adults 25 and over857 plus or minus 178
- Adults 25 and over with a high school diploma or higher97.1 percent plus or minus 27.7
- Adults 25 and over with a bachelor degree or higher26.6 percent plus or minus 8.9
- Adults 25 and over with a graduate degree5.1 percent plus or minus 3.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milford
Housing in Milford
- Housing units642
- Occupied units536 plus or minus 137
- Vacant units106 plus or minus 48
- Vacancy rate16.5 percent plus or minus 6.7
- Owner occupied367 plus or minus 103
- Renter occupied169 plus or minus 92
- Ownership rate68.5 percent
- Median owner-occupied home value$256,600
- Median gross rent, monthly$1,007
- Annual rent as a share of median income14.7 percent
- Single family units602 plus or minus 133
- Share single family93.8 percent
- Units in buildings of two or more3 plus or minus 15
- Share in buildings of two or more0.5 percent plus or minus 2.3
- Mobile homes37 plus or minus 32
- Median year structure built1951
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 commute677 plus or minus 182
- Commuting under 15 minutes469 plus or minus 145
- Share commuting under 15 minutes69.3 percent
- Commuting 30 minutes or more126 plus or minus 77
- Share commuting 30 minutes or more18.6 percent plus or minus 10.2
- Drove alone76.0 percent
- Carpooled14.7 percent plus or minus 10.1
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home8.0 percent plus or minus 9.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Milford
SBA loans in Milford (7(a))
- Approvals2
- Gross approval$7,344,000
- Average approval$3,672,000
- Median approval$4,355,000
- Ninetieth percentile approval$4,355,000
- Largest approval$4,355,000
- Jobs supported51
- Jobs per approval25.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term258 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
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)
- Approvals1
- Gross approval$371,000
- Average approval$371,000
- Median approval$371,000
- Largest approval$371,000
- Jobs supported12
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Beaver County, not Milford
Beaver County context, not Milford figures
These are Beaver 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 Beaver County198
- Employment at those establishments, Beaver County2,001
- Covered employment, Beaver County2,715
- Average annual pay, Beaver County$44,316
- Average weekly wage, Beaver County$852
- Housing units permitted, Beaver County39
- Of those, single family, Beaver County39
- County product, 2024, Beaver County$586,522,000
- County product change over the prior year, Beaver County7.2 percent
- Average income of an arriving household, Beaver County$45,530
Every figure in this section is published for Beaver 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.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- 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, Utah?
1,547, in 536 households. Milford city covers 2.14 square miles of land, which is 723 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?
Beaver 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?
$82,368. The median owner-occupied home is valued at $256,600. Median gross rent is $1,007 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?
2 7(a) approvals totalling $7.3 m, across 2 lenders, median approval $4,355,000, plus 1 504 approvals worth $371,000. 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.
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 Beaver 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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