Milford is a village located in Otsego County, New York. Milford has a 2026 population of 393. Milford is currently declining at a rate of 0% annually and its population has decreased by -0.76% since the most recent census, which recorded a population of 396 in 2020.
The median household income in Milford is $64,167 with a poverty rate of 6.74%. The median age in Milford is 47.3 years: 47.9 years for males, and 39.8 years for females. For every 100 females there are 76.6 males.
Data after 2023 is projected based on recent change
Overall: 47.3 years
Female: 39.8 years
Male: 47.9 years
There are 430 adults, (103 of whom are seniors) in Milford.
Female: 269 (56.6%)
Male: 206 (43.4%)
The racial composition of Milford includes 84.84% White, 10.11% Asian, and smaller percentages for Black or African American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 403 | 84.84% |
| Asian | 48 | 10.11% |
| Two or more races | 19 | 4% |
| Black or African American | 5 | 1.05% |
Milford 's average per capita income is $43,839. Household income levels show a median of $64,167. The poverty rate stands at 6.74%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $114,615 | - |
| Families | $102,500 | $106,444 |
| Households | $64,167 | $79,382 |
| Non Families | $32,500 | $44,937 |
Average Income
Median Household Income
Poverty Rate