What percentage of people rent in Milford, CT?

24.2% (±2.5 points) of the occupied homes in Milford, CT are rented (2020–2024 American Community Survey).

That is 5,457 renting households against 17,070 that own their home.

In Milford, the share of households that rent went from 25.5% in 2015–2019 to 24.2% in 2020–2024 (−1.3 percentage points), not a measurable change.

Figures last updated on .

Households that rent
24.2% (±2.5 points)
Renting households
5,457 (±621)
Median renter income
$73,307 (±$10,750)

Who rents and who owns in Milford

Tenure, estimate (90% margin of error)
MilfordSouth Central Connecticut Planning RegionConnecticutUnited States
Renter-occupied share24.2% (±2.5 points)39.5% (±0.8 points)33.5% (±0.3 points)34.8%
Renting households5,457 (±621)91,053 (±1,840)481,018 (±4,678)45,017,354
Owning households17,070 (±596)139,620 (±2,160)952,989 (±5,585)84,210,142
Average renter household size1.9 (±0.1)2.1 (±0.0)2.1 (±0.0)2.3
Average owner household size2.5 (±0.1)2.6 (±0.0)2.6 (±0.0)2.6
Median renter household income$73,307 (±$10,750)$50,418 (±$1,775)$52,072 (±$906)$52,966
Median owner household income$129,630 (±$7,393)$122,844 (±$2,543)$125,125 (±$969)$100,009

In Milford, the renter share is lower than in South Central Connecticut Planning Region (39.5%).

It is also lower than in Connecticut (33.5%).

It is lower than the national figure (34.8%).

In South Central Connecticut Planning Region, Milford ranks 8 of 15 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 58 of 169.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Milford has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent25.5% (±2.0 points)24.2% (±2.5 points)−1.3 percentage pointsNot a measurable change
Median gross rent$1,574 (±$55)$1,882 (±$80)+19.6%No measurable change after inflation
Median household income$91,799 (±$3,678)$110,669 (±$7,268)+20.6%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Milford

Nearest places with a published estimate, compared with Milford
PlaceDistanceHouseholds that rentCompared with this place
Milford—24.2% (±2.5 points)—
Oronoque3.5 mi16.7% (±10.3 points)Not measurably different
Stratford3.7 mi18.4% (±2.2 points)Lower
Stratford Downtown3.9 mi30.2% (±10.0 points)Not measurably different
Orange4.5 mi10.8% (±2.2 points)Lower
Orange (community)4.5 mi10.8% (±2.2 points)Lower
Lordship5.7 mi15.0% (±7.3 points)Lower
West Haven5.8 mi49.4% (±2.8 points)Higher
Trumbull Center6.5 mi20.6% (±4.8 points)Not measurably different

Nearby places with a measurably lower figure: Stratford, CT (18.4%), Orange, CT (10.8%), Orange (community), CT (10.8%).

Nearby places with a measurably higher figure: West Haven, CT (49.4%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across South Central Connecticut Planning Region, place by place

RankPlaceHouseholds that rent
2West Haven49.4% (±2.8 points)
3Meriden39.9% (±2.4 points)
4Hamden37.6% (±2.2 points)
5Branford30.5% (±3.5 points)
6Wallingford27.2% (±3.0 points)
7East Haven25.4% (±3.2 points)
8Milford24.2% (±2.5 points)
9North Haven18.7% (±3.1 points)
10Guilford16.3% (±3.0 points)
11North Branford11.3% (±3.6 points)
12Orange10.8% (±2.2 points)
13Madison9.6% (±2.3 points)
14Woodbridge6.9% (±3.2 points)

Showing 13 of 15 places in South Central Connecticut Planning Region, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Milford

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Milford, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Milford beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Milford, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Milford

How many renters are there in Milford?

Milford has an estimated 5,457 (±621) renting households, 24.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Milford?

In Milford, the share of households that rent went from 25.5% in 2015–2019 to 24.2% in 2020–2024 (−1.3 percentage points), not a measurable change.

How big are renting households in Milford?

A renting household in Milford has 1.9 people on average, against 2.5 in an owned home.

How much do renters earn in Milford?

The median renting household in Milford, CT has an income of $73,307 (±$10,750) a year, against $129,630 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Milford town, South Central Connecticut Planning Region, Connecticut (county subdivision:47535, in state:09 county:170).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related