Milford 87 Exceptional
Milford Livability #13 ranked city in Michigan#200 ranked city in the USARanks better than 99% of areas

Pros and Cons of Living in Milford

PROS
  • Amenities

    Within the vicinity, you'll find a wealth of amenities, from restaurants and coffee shops to grocery stores and local shops, all easily accessible on foot.

  • Cost Of Living

    Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.

  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

CONS
  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

New Real Estate Listings in Milford Area
Search Homes for Sale in Milford, MI

What's it like Living in Milford?

Located in the state of Michigan, Milford is a small-sized city with a population of 6,502 residents. At 97%, the majority of the Milford population is White; this is followed by 0% Black and 0% Asian. Something to be aware of when living in Milford are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 31 minutes, this comes in much higher than the national average of 26 minutes.

Living in Milford can be a fulfilling experience for anyone relocating to the city. Having said that, in the state of Michigan, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. With useful information like amenities, crime, cost of living, commute, health & safety and other key data points, finding the best places to live in Milford and in the areas around Milford is a much easier task.

Using data and statistics Milford has received a livability score of 87 out of 100. This score is ranked in the 99th percentile when compared to all other cities. Clearly, Milford is doing something right, as this score ranks well above the average of most cities. The cherry on top is that Milford also ranks in the top 10 percent of all cities. There are nine total categories that generate the livability score. Milford scores well for amenities (A+), crime (A+), cost of living (B+), education (B+) and employment (A+)

The mantra of real estate, "location, location, location," underscores the importance of where a property is situated, making it a pivotal factor in your quest for a new home. Fortunately, when you're living in Milford, you'll discover an abundance of exceptional local amenities and lots of things to do. Among these are conveniently located grocery stores, charming coffee shops, diverse dining options and plenty of spacious parks. These local amenities contribute significantly to its overall appeal, ensuring that your daily needs are met and offering ample opportunities for leisure and recreation. When considering your next move, the thriving local scene in Milford undoubtedly enhances its desirability, affirming the significance of its prime location.

Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Milford, it boasts a notably low violent crime rate of 41 crimes per 100,000 residents, which significantly outperforms the national average.

Unemployment rates can range pretty dramatically from one city to another. Knowing that Milford has an unemployment rate of 1.29% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

Finding affordable real estate and housing in Milford can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Milford is real estate affordability. Median real estate prices in Milford come in at $283,000, which is 121.4% higher than the Michigan average. The home price to income ratio compares the median home prices to the median household income. In Milford, the home price to income ratio is 3.2, which is 28% higher than the Michigan average.

Best Places to Live in and Around Milford

See all the best places to live around Milford

How Do You Rate The Livability In Milford?

1. Select a livability score between 1-100
0
Awful
25
Poor
50
Average
75
Good
100
Great
2. Select any tags that apply to this area
View results

Compare Milford, MI Livability

      vs

      Milford transportation information

      Statistic Milford Michigan National
      Average one way commute31min24min26min
      Workers who drive to work81.0%82.5%76.4%
      Workers who carpool4.8%8.8%9.3%
      Workers who take public transit0.0%1.4%5.1%
      Workers who bicycle0.0%0.5%0.6%
      Workers who walk2.5%2.2%2.8%
      Working from home11.1%3.7%4.6%
      Source: The Milford, MI data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).