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Population & People
Population
2,530
Median age
33.1
Median household income
$82,699
Poverty rate
7.2%
Unemployment rate
0.3%
Bachelor's degree+
28.4%
Avg. commute
17 min
Hispanic or Latino
2.3%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$228,200
Median gross rent
$892/mo
Homeownership rate
60.55%
HUD FMR — 2 bedroom
$1,001
HUD Fair Market Rent (Nebraska statewide average across 93 areas — not specific to Milford), 2026. Efficiency $706, 1BR $791, 2BR $1001, 3BR $1274, 4BR $1409. This is a different official figure from Census median gross rent above.
Energy
Nebraska commercial electricity
8.79¢/kWh
Nebraska industrial electricity
8¢/kWh
Nebraska residential electricity
12.34¢/kWh
Economy
Gross Domestic Product: All Industry Total
198073.3
Real Gross Domestic Product: All Industry Total
150212.4
All-Transactions House Price Index for Nebraska
551.5
Unemployment Rate
2.9%
Source: FRED, Nebraska-specific series.