What is the median household income in Milford Center, OH?
The median household income in Milford Center, OH is $93,125 (±$14,519) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,438 a month would take about $57,500 a year at the common guideline of spending no more than 30% of income on rent.
In Milford Center, the median household income went from $71,033 in 2015–2019 to $93,125 in 2020–2024 (+31.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $93,125 (±$14,519)
- Median renter income
- $81,875 (±$61,774)
- Income to afford median rent
- about $57,500
Income in Milford Center against Union County, its state and the nation
| Milford Center | Union County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $93,125 (±$14,519) | $112,322 (±$3,644) | $71,389 (±$321) | $80,734 |
| Median renter household income | $81,875 (±$61,774) | $58,750 (±$6,827) | $42,829 (±$325) | $52,966 |
| Median owner household income | $93,500 (±$16,647) | $126,391 (±$4,146) | $90,122 (±$343) | $100,009 |
| Median gross rent | $1,438 (±$595) | $1,247 (±$62) | $1,034 (±$5) | $1,413 |
In Milford Center, median household income is lower than in Union County ($112,322).
It is also higher than in Ohio ($71,389).
It is not measurably different from the national figure ($80,734).
In Union County, Milford Center ranks 14 of 21 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 456 of 2,325.
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 Center
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 $1,438 a month ($17,256 a year) needs an income of about $57,500 a year.
The median renting household in Milford Center earns $81,875 a year.
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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $71,033 (±$6,813) | $93,125 (±$14,519) | +31.1% | No measurable change after inflation |
| Median gross rent | $1,114 (±$102) | $1,438 (±$595) | +29.1% | No measurable change after inflation |
| Median home value | $122,800 (±$11,834) | $197,100 (±$23,896) | +60.5% | 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 Center
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Milford Center | — | $93,125 (±$14,519) | — |
| Union Township (Union County) | 2.7 mi | $108,438 (±$23,384) | Not measurably different |
| Woodstock | 4.7 mi | $65,357 (±$28,056) | Not measurably different |
| Allen Township (Union County) | 5.2 mi | $138,971 (±$21,831) | Higher |
| Marysville | 5.4 mi | $92,619 (±$10,738) | Not measurably different |
| Darby Township (Union County) | 5.5 mi | $134,773 (±$33,432) | Higher |
| Paris Township (Union County) | 5.7 mi | $92,127 (±$9,836) | Not measurably different |
| Rush Township (Champaign County) | 5.7 mi | $63,194 (±$5,490) | Lower |
| Unionville Center | 5.9 mi | $104,545 (±$7,451) | Not measurably different |
Nearby places with a measurably lower figure: Rush Township (Champaign County), OH ($63,194).
Nearby places with a measurably higher figure: Allen Township (Union County), OH ($138,971), Darby Township (Union County), OH ($134,773).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Union County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 8 | Union Township (Union County) | $108,438 (±$23,384) |
| 9 | Washington Township (Union County, township, 81662) | $106,016 (±$31,930) |
| 10 | Unionville Center | $104,545 (±$7,451) |
| 11 | Taylor Township | $102,083 (±$52,458) |
| 12 | Leesburg Township | $101,797 (±$23,936) |
| 13 | Dover Township (Union County) | $94,760 (±$20,527) |
| 14 | Milford Center | $93,125 (±$14,519) |
| 15 | Jackson Township (Union County) | $92,625 (±$31,734) |
| 16 | Marysville | $92,619 (±$10,738) |
| 17 | Paris Township (Union County) | $92,127 (±$9,836) |
| 18 | York Township (Union County) | $80,833 (±$29,123) |
| 19 | Magnetic Springs | $77,813 (±$35,688) |
| 20 | Claibourne Township | $66,163 (±$10,439) |
Showing 13 of 21 places in Union County, 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.
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Questions about Milford Center
What is the median household income in Milford Center?
The median household income in Milford Center is $93,125 (±$14,519) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Milford Center?
About $57,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,438 a month.
Have incomes in Milford Center kept up with inflation?
In Milford Center, the median household income went from $71,033 in 2015–2019 to $93,125 in 2020–2024 (+31.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Milford Center?
The median renting household in Milford Center, OH earns $81,875 (±$61,774) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Milford Center village, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Milford Center village, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Milford Center village, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Milford Center village, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Milford Center village, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Milford Center village, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Center village, Ohio (place:50218, in state:39).
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.
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 .
Related
- Housing in Milford Center at a glance
- Home values in Milford Center
- Homeowner costs in Milford Center
- Property taxes in Milford Center
- Types of homes in Milford Center
- Bedrooms in Milford Center
- Age of homes in Milford Center
- Heating fuel in Milford Center
- Commute and cars in Milford Center
- How long people stay in Milford Center
- Ohio landlord and tenant rules
- Housing across Union County
- Ohio places ranked by median household income
- Housing data for every place in Ohio