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Milford Michigan Real Estate By Jennifer Hershey

Milford Michigan Real Estate

Milford, Michigan, is located in Oakland County, 13 miles SW of Waterford, Michigan and 31 miles NW of Detroit, Michigan. Milford has a population of 6,272.

Milford Homes

Milford properties pool is 2,435 residential properties including Milford new homes. Median age of real estate in Milford is 1967. Average Household size is 3.09 people. 2% are one bedroom homes, 11% are 2 bedroom homes, 62% are 3 bedroom homes, 24% are 4 bedroom homes, and 0% are 5+ bedroom homes.

Milford Mortgage Statistics

Milford mortgages vs. USA median statistics

Homes Milford USA
Homes With No Mortgage 21%
30%
Homes With Mortgage 79%
70%
First Mortgage Only 59%
54%
First & Second Mortgage or HELOC 20%
16%

Milford Area Real Estate Tax

Milford Real estate Tax: Median Real Estate Taxes (2000) were $2,236 comparing to 1999 Median Family income $ 71,333. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Milford School District: Children make up 28.6% of Milford population. Milford has 1,793 under 18 years old residents, or 0.56 kids per one worker, or 0.74 kids per one household.

Milford Real Estate & Milford Homeownership

There are 657.45 or 27% one person households, 779.2 or 32% two person households, and 413.95 or 17% three person households in Milford, Michigan. Median residents age is 35.2, Senior citizens (65+) make up 651 or 10.4%% of Milford population.

There are 3,221 workers (over 16 years of age) in Milford. Of these, 95.72% drive to work. Approximately 0% of workers in Milford take public transportation. An estimated 1.92% walk to work.

Median Milford homeowner's housing expences are 18.3%

Crime in Milford (2003), crimes per 10,000 residents per year

Type of Crime Milford USA, 2003
Violent Crimes
22.32
47.5
Robberies
NaN
14.2
Aggravated Assaults
9.57
29.5
Property Crimes
307.72
358.8
Burglaries
79.72
74.0
Larceny-Thefts
202.49
241.5
Motor Vehicle Thefts
25.51
43.3

Invest in Milford Properties

When making a decision about buying real estate in Milford Michigan area, you should consider following statistical data:

Category Milford USA
Near Medium City
Waterford, Michigan
-
Near Large City
Detroit, Michigan
-
Milford Zip Codes
48380, 48381
-
Milford Area Codes
248
-
White population
97.35%
75.1%
African-American population
0.16%
12.3%
Asian
0.49%
3.6%
American Indian & Alaskan
0.38%
0.9%
Hispanic (of any race)
1.32%
12.5%
Median Family Income (1999)
$ 71,333%
$42,000
Population Below Poverty Level
7.16%
12.4%

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