HomeUtahBeaver CountyMilford
Milford, Utah: commercial real estate data.
Milford 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 since FY2020.
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$3,672,000
- Largest approval$4,355,000
- Jobs supported51
- Jobs per approval25.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term189 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Milford, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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
Counted by borrower city: approvals to borrowers whose address is in Milford, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Milford
Flood risk in Milford
- NFIP communityCity of Milford
- NFIP community number490003
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date(NSFHA)
The City of Milford participates in the National Flood Insurance Program as community 490003 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Beaver County, not Milford
Beaver County context, not Milford figures
- Establishments in Beaver County198
- Covered employment, Beaver County2,715
- Average annual pay, Beaver County$44,316
- Housing units permitted, Beaver County39
Every figure in this section is published for Beaver County as a whole and is not a measurement of Milford.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $7.3 m since FY2020, across 2 lenders, median approval $3,672,000, plus 1 504 approvals worth $371,000 since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Milford in the National Flood Insurance Program?
Yes. Milford appears in the FEMA Community Status Book as Milford, city of, community 490003, 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 labeled 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?
No. Nothing on this page presents parcel level zoning.
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