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. Milford is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Milford’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family. 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.
