The median household income in Milford, MI in 2022 was $95,909, which was 30.2% greater than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $59,688 in 2000 this represents an increase of 37.8%. The per capita income in 2022 was $51,357, which means an increase of 49.1% compared to 2000 when it was $26,159.
Whole page based on the data from 2000 / 2022 when the population of Milford, Michigan was 6,272 / 6,469
Income statistics for all residents
Median household income in Milford, MI in 2022:
Milford:
$95,909
Michigan:
$66,986
Change in median household income between 2000 and 2022:
Milford, Michigan:
+60.7%
State:
+50.0%
Number of households with income < $10k:
Milford:
3.5% (92)
State:
5.7% (231,223)
Number of households with income $10k - 20k:
Milford:
4.9% (129)
Michigan:
7.5% (306,955)
Number of households with income $20k - 30k:
Milford:
5.4% (143)
State:
7.9% (324,153)
Number of households with income $30k - 40k:
Milford:
3.5% (93)
Michigan:
8.3% (341,408)
Number of households with income $40k - 50k:
Milford:
6.6% (173)
State:
7.9% (322,255)
Number of households with income $50k - 60k:
Milford:
7.4% (195)
Michigan:
7.5% (305,914)
Number of households with income $60k - 75k:
Milford:
7.5% (196)
Michigan:
10.1% (414,440)
Number of households with income $75k - 100k:
Milford:
16.1% (423)
State:
13.2% (538,299)
Number of households with income $100k - 125k:
Milford:
8.5% (224)
State:
9.7% (396,282)
Number of households with income $125k - 150k:
Milford:
9.5% (250)
State:
6.7% (273,144)
Number of households with income $150k - 200k:
Milford:
6.8% (178)
Michigan:
7.5% (305,077)
Number of households with income > $200k:
Milford:
20.3% (534)
State:
8.1% (330,644)
Aggregate household income in Milford in 2022: $328,146,694
Median family income in Milford in 2022:
Milford:
$122,530
State:
$85,865
Number of families with income < $10k:
Milford:
5.1% (82)
Michigan:
3.5% (89,010)
Number of families with income $10k - 20k:
Milford:
3.4% (56)
State:
3.9% (100,567)
Number of families with income $20k - 30k:
Milford:
1.9% (31)
State:
5.0% (127,320)
Number of families with income $30k - 40k:
Milford:
1.1% (19)
Michigan:
6.4% (163,565)
Number of families with income $40k - 50k:
Milford:
2.6% (42)
Michigan:
6.8% (172,384)
Number of families with income $50k - 60k:
Milford:
4.7% (77)
State:
7.1% (179,870)
Number of families with income $60k - 75k:
Milford:
8.7% (142)
State:
10.3% (263,723)
Number of families with income $75k - 100k:
Milford:
13.1% (214)
Michigan:
15.0% (383,364)
Number of families with income $100k - 125k:
Milford:
10.9% (178)
Michigan:
11.8% (301,751)
Number of families with income $125k - 150k:
Milford:
13.7% (224)
Michigan:
8.6% (220,338)
Number of families with income $150k - 200k:
Milford:
8.7% (142)
Michigan:
10.2% (259,462)
Number of families with income > $200k:
Milford:
26.1% (426)
Michigan:
11.3% (287,206)
Median non-family income in Milford in 2022:
Milford:
$56,514
State:
$40,459
Change in median non-family income between 2000 and 2022:
Milford, Michigan:
+59.1%
Michigan:
+54.5%
Median per capita income in Milford in 2022:
Milford:
$51,357
Michigan:
$38,151
Change in median per capita income between 2000 and 2022:
Milford, Michigan:
+96.3%
State:
+72.1%
Income statistics for White residents
Median household income in Milford, MI in 2022:
Milford:
$96,196
State:
$71,609
Change in median household income between 2000 and 2022:
Milford, Michigan:
+60.2%
State:
+52.9%
Number of households with income < $10k:
Milford:
3.4% (81)
Michigan:
4.4% (140,440)
Number of households with income $10k - 20k:
Milford:
5.3% (126)
State:
6.5% (205,547)
Number of households with income $20k - 30k:
Milford:
4.8% (114)
State:
7.6% (242,254)
Number of households with income $30k - 40k:
Milford:
4.1% (99)
State:
8.1% (257,175)
Number of households with income $40k - 50k:
Milford:
7.1% (170)
State:
7.8% (246,839)
Number of households with income $50k - 60k:
Milford:
6.8% (162)
State:
7.4% (233,723)
Number of households with income $60k - 75k:
Milford:
7.9% (189)
State:
10.4% (328,664)
Number of households with income $75k - 100k:
Milford:
15.1% (360)
Michigan:
13.6% (431,867)
Number of households with income $100k - 125k:
Milford:
9.2% (221)
State:
10.3% (325,164)
Number of households with income $125k - 150k:
Milford:
9.0% (216)
Michigan:
7.1% (226,232)
Number of households with income $150k - 200k:
Milford:
6.7% (160)
State:
8.1% (255,445)
Number of households with income > $200k:
Milford:
20.7% (494)
State:
8.7% (276,727)
Aggregate household income in Milford in 2022: $301,509,409
Median family income in Milford in 2022:
Milford:
$122,291
State:
$90,317
Number of families with income < $10k:
Milford:
3.5% (52)
State:
2.5% (49,508)
Number of families with income $10k - 20k:
Milford:
3.7% (55)
State:
3.2% (64,106)
Number of families with income $20k - 30k:
Milford:
2.0% (29)
Michigan:
4.6% (91,551)
Number of families with income $30k - 40k:
Milford:
1.4% (20)
Michigan:
5.9% (117,356)
Number of families with income $40k - 50k:
Milford:
2.5% (36)
State:
6.4% (127,491)
Number of families with income $50k - 60k:
Milford:
4.7% (70)
Michigan:
6.8% (135,883)
Number of families with income $60k - 75k:
Milford:
9.3% (137)
Michigan:
10.5% (209,130)
Number of families with income $75k - 100k:
Milford:
13.1% (194)
Michigan:
15.5% (309,815)
Number of families with income $100k - 125k:
Milford:
11.8% (175)
State:
12.4% (248,235)
Number of families with income $125k - 150k:
Milford:
13.2% (195)
Michigan:
9.2% (182,895)
Number of families with income $150k - 200k:
Milford:
8.6% (126)
State:
11.0% (218,573)
Number of families with income > $200k:
Milford:
26.2% (387)
State:
12.0% (239,713)
Median non-family income in Milford in 2022:
Milford:
$56,673
Michigan:
$42,438
Change in median non-family income between 2000 and 2022:
Milford, Michigan:
+57.4%
Michigan:
+56.8%
Median per capita income in Milford in 2022:
Milford:
$53,218
State:
$41,514
Change in median per capita income between 2000 and 2022:
Milford, Michigan:
+102.4%
Michigan:
+75.2%
Income statistics for Black or African American residents
Median per capita income in Milford in 2022:
Milford:
$41,898
State:
$25,207
Change in median per capita income between 2000 and 2022:
Milford, Michigan:
+28.5%
State:
+60.4%
Income statistics for Asian residents
Number of households with income < $10k:
Milford:
0.0% (0)
State:
5.4% (6,241)
Number of households with income $10k - 20k:
Milford:
0.0% (0)
State:
3.3% (3,891)
Number of households with income $20k - 30k:
Milford:
0.0% (0)
State:
4.9% (5,669)
Number of households with income $30k - 40k:
Milford:
0.0% (0)
State:
4.8% (5,590)
Number of households with income $40k - 50k:
Milford:
0.0% (0)
Michigan:
4.6% (5,395)
Number of households with income $50k - 60k:
Milford:
0.0% (0)
State:
6.0% (7,014)
Number of households with income $60k - 75k:
Milford:
0.0% (0)
Michigan:
7.4% (8,566)
Number of households with income $75k - 100k:
Milford:
48.4% (15)
Michigan:
12.4% (14,398)
Number of households with income $100k - 125k:
Milford:
0.0% (0)
Michigan:
10.0% (11,621)
Number of households with income $125k - 150k:
Milford:
0.0% (0)
Michigan:
8.6% (9,986)
Number of households with income $150k - 200k:
Milford:
0.0% (0)
Michigan:
12.4% (14,400)
Number of households with income > $200k:
Milford:
51.6% (16)
Michigan:
20.4% (23,760)
Median per capita income in Milford in 2022:
Milford:
$86,748
State:
$48,128
Income statistics for Hispanic or Latino residents
Median household income in Milford, MI in 2022:
Milford:
$95,151
Michigan:
$62,497
Change in median household income between 2000 and 2022:
Milford, Michigan:
+59.8%
State:
+62.4%
Number of households with income < $10k:
Milford:
0.0% (0)
State:
6.0% (10,028)
Number of households with income $10k - 20k:
Milford:
0.0% (0)
State:
6.5% (10,959)
Number of households with income $20k - 30k:
Milford:
22.6% (19)
Michigan:
9.1% (15,369)
Number of households with income $30k - 40k:
Milford:
0.0% (0)
Michigan:
7.9% (13,373)
Number of households with income $40k - 50k:
Milford:
0.0% (0)
State:
9.1% (15,369)
Number of households with income $50k - 60k:
Milford:
0.0% (0)
State:
8.9% (14,990)
Number of households with income $60k - 75k:
Milford:
0.0% (0)
Michigan:
11.5% (19,325)
Number of households with income $75k - 100k:
Milford:
52.4% (44)
Michigan:
14.9% (25,158)
Number of households with income $100k - 125k:
Milford:
0.0% (0)
State:
8.8% (14,758)
Number of households with income $125k - 150k:
Milford:
25.0% (21)
State:
5.3% (8,915)
Number of households with income $150k - 200k:
Milford:
0.0% (0)
State:
6.7% (11,249)
Number of households with income > $200k:
Milford:
0.0% (0)
Michigan:
5.3% (8,978)
Aggregate household income in Milford in 2022: $5,506,796
Median family income in Milford in 2022:
Milford:
$78,792
State:
$69,994
Number of families with income $75k - 100k:
Milford:
72.5% (36)
Michigan:
16.4% (18,094)
Number of families with income $125k - 150k:
Milford:
27.5% (14)
State:
6.6% (7,234)
Median per capita income in Milford in 2022:
Milford:
$23,118
State:
$25,462
Change in median per capita income between 2000 and 2022:
Milford, Michigan:
+15.8%
State:
+83.3%
Income statistics for American Indian and Alaska Native residents
Number of households with income < $10k:
Milford:
0.0% (0)
State:
5.7% (956)
Number of households with income $10k - 20k:
Milford:
0.0% (0)
State:
11.4% (1,930)
Number of households with income $20k - 30k:
Milford:
0.0% (0)
State:
12.0% (2,032)
Number of households with income $30k - 40k:
Milford:
0.0% (0)
Michigan:
7.8% (1,319)
Number of households with income $40k - 50k:
Milford:
0.0% (0)
Michigan:
7.5% (1,276)
Number of households with income $50k - 60k:
Milford:
0.0% (0)
State:
10.1% (1,711)
Number of households with income $60k - 75k:
Milford:
0.0% (0)
State:
9.9% (1,673)
Number of households with income $75k - 100k:
Milford:
0.0% (0)
State:
11.4% (1,931)
Number of households with income $100k - 125k:
Milford:
0.0% (0)
State:
8.4% (1,414)
Number of households with income $125k - 150k:
Milford:
100.0% (19)
Michigan:
6.7% (1,131)
Number of households with income $150k - 200k:
Milford:
0.0% (0)
Michigan:
4.2% (709)
Number of households with income > $200k:
Milford:
0.0% (0)
Michigan:
5.0% (838)
Aggregate household income in Milford in 2022: $3,804,266
Median per capita income in Milford in 2022:
Milford:
$95,225
Michigan:
$27,661
Income statistics for Multirace residents
Median household income in Milford, MI in 2022:
Milford:
$75,035
Michigan:
$63,251
Change in median household income between 2000 and 2022:: -8.6%
Milford, Michigan:
-8.6%
State:
+82.6%
Number of households with income < $10k:
Milford:
0.0% (0)
State:
6.1% (12,463)
Number of households with income $10k - 20k:
Milford:
0.0% (0)
Michigan:
8.7% (17,830)
Number of households with income $20k - 30k:
Milford:
14.4% (22)
State:
7.6% (15,686)
Number of households with income $30k - 40k:
Milford:
0.0% (0)
State:
9.5% (19,444)
Number of households with income $40k - 50k:
Milford:
0.0% (0)
Michigan:
7.5% (15,476)
Number of households with income $50k - 60k:
Milford:
26.8% (41)
Michigan:
8.1% (16,622)
Number of households with income $60k - 75k:
Milford:
3.9% (6)
State:
10.6% (21,725)
Number of households with income $75k - 100k:
Milford:
25.5% (39)
Michigan:
14.4% (29,501)
Number of households with income $100k - 125k:
Milford:
0.0% (0)
Michigan:
8.9% (18,231)
Number of households with income $125k - 150k:
Milford:
7.2% (11)
Michigan:
5.8% (11,923)
Number of households with income $150k - 200k:
Milford:
11.8% (18)
State:
6.8% (13,956)
Number of households with income > $200k:
Milford:
10.5% (16)
Michigan:
6.2% (12,672)
Aggregate household income in Milford in 2022: $13,908,711
Median non-family income in Milford in 2022:
Milford:
$78,387
Michigan:
$38,642
Median per capita income in Milford in 2022:
Milford:
$33,718
State:
$26,098
Change in median per capita income between 2000 and 2022:
Milford, Michigan:
+46.9%
State:
+106.5%
Income statistics for other residents
Aggregate household income in Milford in 2022: $2,035,503
Median per capita income in Milford in 2022:
Milford:
$17,466
State:
$27,114
Change in median per capita income between 2000 and 2022:: -10.7%
Milford, Michigan:
-10.7%
State:
+104.6%
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-8.6%
+82.6%