Milford is a very small borough located in the state of New Jersey. With a population of 1,222 people and two associated neighborhoods, Milford is the 465th largest community in New Jersey. Housing costs in Milford are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.Unlike some boroughs where white-collar or blue-collar occupations dominate the local economy, Milford is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Milford is a borough of professionals, sales and office workers, and managers. There are especially a lot of people living in Milford who work in management occupations (17.44%), office and administrative support (15.04%), and teaching (12.32%). Of important note, Milford is also a borough of artists. Milford has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Milford’s character. Also of interest is that Milford has more people living here who work in computers and math than 95% of the places in the US. Telecommuters are a relatively large percentage of the workforce: 17.60% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Because of many things, Milford is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Milford really has some of the features that families look for when choosing a good community to raise children. Is Milford perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live. In Milford, however, the average commute to work is quite long. On average, people spend 34.50 minutes each day getting to work, which is significantly higher than the national average. The population of Milford is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 39.75% of adults in Milford have a bachelor's degree or even advanced degree. The per capita income in Milford in 2022 was $43,878, which is lower middle income relative to New Jersey, and upper middle income relative to the rest of the US. This equates to an annual income of $175,512 for a family of four. The people who call Milford home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Milford residents report their race to be White, followed by Black or African-American. Important ancestries of people in Milford include Italian, Irish, German, English, and Polish. The most common language spoken in Milford is English. Other important languages spoken here include Polish and Spanish.
