What is the median household income in Milford Mill, MD?

The median household income in Milford Mill, MD is $69,711 (±$8,065) a year (2020–2024 American Community Survey).

Paying the median gross rent of $1,653 a month would take about $66,100 a year at the common guideline of spending no more than 30% of income on rent.

In Milford Mill, the median household income went from $67,747 in 2015–2019 to $69,711 in 2020–2024 (+2.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Figures last updated on .

Median household income
$69,711 (±$8,065)
Median renter income
$55,620 (±$7,160)
Income to afford median rent
about $66,100

Income in Milford Mill against Baltimore County, its state and the nation

Income, estimate (90% margin of error)
Milford MillBaltimore CountyMarylandUnited States
Median household income$69,711 (±$8,065)$91,768 (±$1,446)$103,678 (±$597)$80,734
Median renter household income$55,620 (±$7,160)$59,087 (±$1,659)$62,703 (±$866)$52,966
Median owner household income$96,142 (±$13,346)$115,040 (±$1,731)$129,423 (±$883)$100,009
Median gross rent$1,653 (±$52)$1,627 (±$17)$1,705 (±$8)$1,413

In Milford Mill, median household income is lower than in Baltimore County ($91,768).

It is also lower than in Maryland ($103,678).

It is lower than the national figure ($80,734).

In Baltimore County, Milford Mill ranks 28 of 32 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 318 of 385.

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

How much you need to earn to rent in Milford Mill

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $1,653 a month ($19,836 a year) needs an income of about $66,100 a year.

The median renting household in Milford Mill earns $55,620 a year, less than that.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$67,747 (±$3,350)$69,711 (±$8,065)+2.9%Down after inflation
Median gross rent$1,353 (±$37)$1,653 (±$52)+22.2%No measurable change after inflation
Median home value$210,100 (±$7,535)$273,600 (±$11,353)+30.2%Up 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.

Median household income in places near Milford Mill

Nearest places with a published estimate, compared with Milford Mill
PlaceDistanceMedian household incomeCompared with this place
Milford Mill—$69,711 (±$8,065)—
Lochearn2.3 mi$74,707 (±$8,133)Not measurably different
Randallstown2.4 mi$85,735 (±$10,054)Higher
Woodlawn (Baltimore County)3.2 mi$82,466 (±$6,925)Higher
Garrison3.9 mi$102,423 (±$7,598)Higher
Owings Mills4.4 mi$96,243 (±$8,024)Higher
Pikesville4.8 mi$98,465 (±$7,106)Higher
Catonsville6.0 mi$114,109 (±$6,036)Higher
Ellicott City6.0 mi$156,964 (±$11,037)Higher

Nearby places with a measurably higher figure: Randallstown, MD ($85,735), Woodlawn (Baltimore County), MD ($82,466), Garrison, MD ($102,423).

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

Median household income across Baltimore County, place by place

RankPlaceMedian household income
22Carney$83,620 (±$6,967)
23Woodlawn (Baltimore County)$82,466 (±$6,925)
24Parkville$79,178 (±$5,226)
25Middle River$78,398 (±$4,298)
26Cockeysville$77,680 (±$7,504)
27Lochearn$74,707 (±$8,133)
28Milford Mill$69,711 (±$8,065)
29Essex$67,168 (±$4,111)
30Dundalk$64,520 (±$2,914)
31Baltimore Highlands$62,304 (±$13,729)
32Lansdowne$58,605 (±$31,741)

Showing 11 of 32 places in Baltimore County, ranked from highest to lowest.

Milford Mill is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

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 Mill

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Questions about Milford Mill

What is the median household income in Milford Mill?

The median household income in Milford Mill is $69,711 (±$8,065) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Milford Mill?

About $66,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,653 a month.

Have incomes in Milford Mill kept up with inflation?

In Milford Mill, the median household income went from $67,747 in 2015–2019 to $69,711 in 2020–2024 (+2.9%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

What do renters earn in Milford Mill?

The median renting household in Milford Mill, MD earns $55,620 (±$7,160) a year.

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 Mill CDP, Maryland (place:52562, in state:24).

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

The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

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 .

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