The median household income in Milford, IA in 2022 was $58,236, which was 19.5% less than the median annual income of $69,588 across the entire state of Iowa. Compared to the median income of $36,063 in 2000 this represents an increase of 38.1%. The per capita income in 2022 was $37,157, which means an increase of 55.1% compared to 2000 when it was $16,680.
Whole page based on the data from 2000 / 2022 when the population of Milford, Iowa was 2,474 / 3,307
Income statistics for all residents
Median household income in Milford, IA in 2022:
Milford:
$58,236
State:
$69,588
Change in median household income between 2000 and 2022:
Milford, Iowa:
+61.5%
Iowa:
+76.3%
Number of households with income < $10k:
Milford:
1.2% (18)
State:
4.3% (57,792)
Number of households with income $10k - 20k:
Milford:
9.9% (147)
State:
7.1% (94,476)
Number of households with income $20k - 30k:
Milford:
6.8% (101)
State:
7.5% (99,451)
Number of households with income $30k - 40k:
Milford:
11.8% (176)
Iowa:
7.9% (105,366)
Number of households with income $40k - 50k:
Milford:
8.4% (125)
Iowa:
8.3% (110,374)
Number of households with income $50k - 60k:
Milford:
14.8% (220)
State:
8.0% (106,753)
Number of households with income $60k - 75k:
Milford:
8.1% (121)
State:
10.3% (137,637)
Number of households with income $75k - 100k:
Milford:
9.4% (140)
Iowa:
14.2% (188,515)
Number of households with income $100k - 125k:
Milford:
13.3% (197)
State:
10.3% (136,469)
Number of households with income $125k - 150k:
Milford:
3.0% (45)
State:
7.1% (94,270)
Number of households with income $150k - 200k:
Milford:
6.5% (97)
State:
7.8% (103,165)
Number of households with income > $200k:
Milford:
6.7% (99)
Iowa:
7.3% (96,727)
Aggregate household income in Milford in 2022: $122,885,278
Median family income in Milford in 2022:
Milford:
$68,011
Iowa:
$90,851
Number of families with income $10k - 20k:
Milford:
2.8% (25)
State:
3.2% (26,365)
Number of families with income $20k - 30k:
Milford:
5.5% (51)
State:
4.3% (35,635)
Number of families with income $30k - 40k:
Milford:
5.5% (51)
State:
5.4% (44,304)
Number of families with income $40k - 50k:
Milford:
10.5% (97)
State:
6.8% (55,757)
Number of families with income $50k - 60k:
Milford:
16.8% (155)
State:
6.7% (55,443)
Number of families with income $60k - 75k:
Milford:
11.0% (101)
State:
10.2% (83,983)
Number of families with income $75k - 100k:
Milford:
9.8% (91)
Iowa:
16.5% (135,546)
Number of families with income $100k - 125k:
Milford:
14.4% (133)
State:
13.2% (108,552)
Number of families with income $125k - 150k:
Milford:
4.2% (38)
State:
9.7% (79,659)
Number of families with income $150k - 200k:
Milford:
11.5% (106)
State:
11.0% (90,640)
Number of families with income > $200k:
Milford:
8.1% (75)
State:
10.4% (85,202)
Median non-family income in Milford in 2022:
Milford:
$34,019
State:
$41,504
Change in median non-family income between 2000 and 2022:
Milford, Iowa:
+75.6%
State:
+84.8%
Median per capita income in Milford in 2022:
Milford:
$37,157
Iowa:
$38,917
Change in median per capita income between 2000 and 2022:
Milford, Iowa:
+122.8%
State:
+97.8%
Income statistics for White residents
Median household income in Milford, IA in 2022:
Milford:
$58,135
Iowa:
$71,725
Change in median household income between 2000 and 2022:
Milford, Iowa:
+60.3%
State:
+79.7%
Number of households with income < $10k:
Milford:
1.4% (19)
Iowa:
4.0% (47,459)
Number of households with income $10k - 20k:
Milford:
10.0% (140)
Iowa:
6.7% (78,901)
Number of households with income $20k - 30k:
Milford:
6.8% (95)
Iowa:
7.1% (83,759)
Number of households with income $30k - 40k:
Milford:
11.6% (162)
State:
7.7% (90,779)
Number of households with income $40k - 50k:
Milford:
8.6% (120)
State:
8.0% (93,777)
Number of households with income $50k - 60k:
Milford:
15.5% (217)
State:
8.0% (94,176)
Number of households with income $60k - 75k:
Milford:
7.9% (110)
State:
10.5% (123,053)
Number of households with income $75k - 100k:
Milford:
9.8% (137)
State:
14.4% (168,483)
Number of households with income $100k - 125k:
Milford:
13.6% (190)
State:
10.6% (124,515)
Number of households with income $125k - 150k:
Milford:
3.1% (44)
State:
7.4% (87,043)
Number of households with income $150k - 200k:
Milford:
4.9% (68)
State:
7.8% (91,953)
Number of households with income > $200k:
Milford:
7.0% (98)
State:
7.6% (88,587)
Aggregate household income in Milford in 2022: $113,844,798
Median family income in Milford in 2022:
Milford:
$66,208
Iowa:
$93,591
Number of families with income $10k - 20k:
Milford:
2.7% (23)
Iowa:
2.7% (19,465)
Number of families with income $20k - 30k:
Milford:
5.6% (49)
State:
4.0% (28,678)
Number of families with income $30k - 40k:
Milford:
5.6% (49)
Iowa:
5.0% (36,249)
Number of families with income $40k - 50k:
Milford:
10.5% (91)
State:
6.3% (45,169)
Number of families with income $50k - 60k:
Milford:
17.7% (153)
Iowa:
6.7% (48,577)
Number of families with income $60k - 75k:
Milford:
11.5% (100)
Iowa:
10.4% (75,030)
Number of families with income $75k - 100k:
Milford:
10.1% (88)
State:
16.7% (120,450)
Number of families with income $100k - 125k:
Milford:
14.6% (127)
State:
13.8% (99,746)
Number of families with income $125k - 150k:
Milford:
4.4% (38)
State:
10.2% (73,833)
Number of families with income $150k - 200k:
Milford:
8.8% (76)
Iowa:
11.3% (81,189)
Number of families with income > $200k:
Milford:
8.4% (73)
Iowa:
10.8% (77,838)
Median non-family income in Milford in 2022:
Milford:
$34,066
State:
$41,981
Change in median non-family income between 2000 and 2022:
Milford, Iowa:
+77.0%
State:
+85.4%
Median per capita income in Milford in 2022:
Milford:
$37,315
Iowa:
$41,266
Change in median per capita income between 2000 and 2022:
Milford, Iowa:
+122.6%
State:
+105.0%
Income statistics for Hispanic or Latino residents
Number of households with income < $10k:
Milford:
0.0% (0)
Iowa:
5.6% (3,540)
Number of households with income $10k - 20k:
Milford:
0.0% (0)
Iowa:
6.3% (3,979)
Number of households with income $20k - 30k:
Milford:
0.0% (0)
State:
6.1% (3,857)
Number of households with income $30k - 40k:
Milford:
15.8% (12)
State:
9.7% (6,099)
Number of households with income $40k - 50k:
Milford:
0.0% (0)
State:
11.1% (6,971)
Number of households with income $50k - 60k:
Milford:
27.6% (21)
State:
8.0% (5,046)
Number of households with income $60k - 75k:
Milford:
13.2% (10)
State:
11.6% (7,267)
Number of households with income $75k - 100k:
Milford:
0.0% (0)
State:
16.6% (10,454)
Number of households with income $100k - 125k:
Milford:
0.0% (0)
State:
8.3% (5,202)
Number of households with income $125k - 150k:
Milford:
0.0% (0)
State:
6.9% (4,319)
Number of households with income $150k - 200k:
Milford:
43.4% (33)
State:
5.9% (3,708)
Number of households with income > $200k:
Milford:
0.0% (0)
Iowa:
3.8% (2,363)
Aggregate household income in Milford in 2022: $8,042,456
Median per capita income in Milford in 2022:
Milford:
$42,606
Iowa:
$23,112
Income statistics for Multirace residents
Median household income in Milford, IA in 2022:
Milford:
$201,777
State:
$61,568
Number of households with income < $10k:
Milford:
0.0% (0)
State:
4.6% (2,786)
Number of households with income $10k - 20k:
Milford:
0.0% (0)
State:
10.1% (6,104)
Number of households with income $20k - 30k:
Milford:
0.0% (0)
Iowa:
6.9% (4,195)
Number of households with income $30k - 40k:
Milford:
0.0% (0)
State:
8.7% (5,248)
Number of households with income $40k - 50k:
Milford:
0.0% (0)
State:
8.6% (5,226)
Number of households with income $50k - 60k:
Milford:
0.0% (0)
State:
9.9% (5,986)
Number of households with income $60k - 75k:
Milford:
18.8% (15)
State:
11.4% (6,890)
Number of households with income $75k - 100k:
Milford:
0.0% (0)
State:
15.2% (9,183)
Number of households with income $100k - 125k:
Milford:
7.5% (6)
State:
6.7% (4,072)
Number of households with income $125k - 150k:
Milford:
0.0% (0)
State:
4.8% (2,917)
Number of households with income $150k - 200k:
Milford:
73.8% (59)
State:
9.0% (5,446)
Number of households with income > $200k:
Milford:
0.0% (0)
State:
4.0% (2,392)
Aggregate household income in Milford in 2022: $9,784,684
Median per capita income in Milford in 2022:
Milford:
$55,617
State:
$24,977
Income statistics for other residents
Number of households with income < $10k:
Milford:
0.0% (0)
State:
4.3% (1,004)
Number of households with income $10k - 20k:
Milford:
0.0% (0)
Iowa:
8.5% (1,988)
Number of households with income $20k - 30k:
Milford:
0.0% (0)
State:
3.9% (900)
Number of households with income $30k - 40k:
Milford:
100.0% (17)
State:
10.5% (2,454)
Number of households with income $40k - 50k:
Milford:
0.0% (0)
State:
13.6% (3,166)
Number of households with income $50k - 60k:
Milford:
0.0% (0)
State:
6.7% (1,550)
Number of households with income $60k - 75k:
Milford:
0.0% (0)
Iowa:
9.8% (2,286)
Number of households with income $75k - 100k:
Milford:
0.0% (0)
State:
18.0% (4,187)
Number of households with income $100k - 125k:
Milford:
0.0% (0)
State:
10.3% (2,387)
Number of households with income $125k - 150k:
Milford:
0.0% (0)
State:
5.1% (1,196)
Number of households with income $150k - 200k:
Milford:
0.0% (0)
State:
5.5% (1,285)
Number of households with income > $200k:
Milford:
0.0% (0)
Iowa:
3.8% (879)
Median per capita income in Milford in 2022:
Milford:
$12,480
State:
$24,763
Change in median per capita income between 2000 and 2022:: -30.7%
Milford, Iowa:
-30.7%
State:
+144.6%
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-30.7%
+144.6%