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Milford, CT Housing

 
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As of 2010-2014, median price of a house in Milford is $303,200, which is higher than the state average of $274,500 and is much higher than the national average of $175,700. The Milford median house value has grown by 79.73% since 2000. The growth rate for the price of a house in Milford is higher than the state average rate of 64.47% and is higher than the national average rate of 46.91%. The median year that a house in Milford was built is 1962, which is older than the median year for a house built in the state which is 1964 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 15,912 Owner Occupied Houses in Milford, CT, #47
Milford, CT
303,200 USD
Connecticut
274,500 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #27
Milford, CT
79.73%
Connecticut
64.47%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Milford, CTConnecticutU.S.
Total Housing Units22,090, see rank, 100%1,490,381132,741,033
Occupied Housing Units20,536, 92.97%, see rank91.00%87.55%
Owner Occupied15,912, 72.03%, see rank61.26%56.34%
Renter Occupied4,624, 20.93%, see rank29.73%31.21%
Vacant Housing Units1,554, 7.03%, see rank9.00%12.45%
For Rent355, 1.61%, see rank2.24%2.34%
For Sale Only393, 1.78%, see rank1.06%1.20%
Rented or Sold, Not Occupied42, 0.19%, see rank0.77%0.92%
For Seasonal, Recreational, or Occasional Use478, 2.16%, see rank1.99%3.97%
For Migrant Workers0, 0.00%, see rank0.00%0.03%
Other Vacant286, 1.29%, see rank2.94%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #55
Milford, CTConnecticutU.S.
196219641976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Milford, CT%ConnecticutU.S.
Owner-Occupied Units15,912100%913,04374,787,460
With a Mortgage11,72973.71%, see rank70.56%65.58%
Without a Mortgage4,18326.29%, see rank29.44%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Milford, CT
2,227 USD
Connecticut
2,110 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMilford, CT%ConnecticutU.S.
$299 or Less00.00%, see rank0.07%0.20%
$300 to $499640.55%, see rank0.35%1.59%
$500 to $6991140.97%, see rank0.92%5.01%
$700 to $9994704.01%, see rank3.69%14.32%
$1,000 to $1,4991,39211.87%, see rank15.87%27.90%
$1,500 to $1,9992,53021.57%, see rank24.51%20.35%
$2,000 to $2,9995,00542.67%, see rank33.89%19.52%
$3,000 or More2,15418.36%, see rank20.70%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Milford, CT
25.00% of the Total Income
Connecticut
25.30% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Milford, CT%ConnecticutU.S.
10% or Less6065.17%, see rank4.96%5.86%
10% to 20%2,99025.49%, see rank27.69%31.95%
20% to 30%3,62230.88%, see rank29.27%27.64%
30% to 40%1,85415.81%, see rank15.59%13.74%
40% or More2,65022.59%, see rank22.10%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Milford, CT
863 USD
Connecticut
832 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMilford, CT%ConnecticutU.S.
$199 or Less60.14%, see rank0.88%7.76%
$200 to $299390.93%, see rank1.36%14.70%
$300 to $4992395.71%, see rank7.77%34.63%
$500 to $69974617.83%, see rank21.87%21.16%
$700 or More3,15375.38%, see rank68.12%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Milford, CT
18.90% of the Total Income
Connecticut
16.70% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Milford, CT%ConnecticutU.S.
10% or Less94322.54%, see rank26.06%40.19%
10% to 20%1,24529.76%, see rank32.33%31.47%
20% to 30%77418.50%, see rank16.31%12.24%
30% to 40%43810.47%, see rank8.58%5.64%
40% or More75718.10%, see rank15.69%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Milford, CTConnecticutU.S.
Total Housing Units22,090, 100%1,490,381132,741,033
1-unit, Detached15,416, 69.79%, see rank59.24%61.65%
1-unit, Attached1,290, 5.84%, see rank5.36%5.82%
2 Units869, 3.93%, see rank8.06%3.75%
3 or 4 Units1,091, 4.94%, see rank8.95%4.43%
5 to 9 Units685, 3.10%, see rank5.47%4.78%
10 or More Units2,540, 11.50%, see rank12.10%13.08%
Mobile Home, Boat, RV, Van, etc.199, 0.90%, see rank0.81%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Milford, CTConnecticutU.S.
Total Housing Units22,090, 100%1,490,381132,741,033
1 Room353, 1.60%, see rank1.93%1.95%
2 Rooms585, 2.65%, see rank2.44%2.48%
3 Rooms1,929, 8.73%, see rank8.62%9.13%
4 Rooms3,108, 14.07%, see rank15.12%16.60%
5 Rooms3,669, 16.61%, see rank18.84%20.41%
6 Rooms4,658, 21.09%, see rank17.57%18.06%
7 Rooms3,487, 15.79%, see rank13.35%12.27%
8 Rooms2,124, 9.62%, see rank9.85%8.48%
9 Rooms or More2,177, 9.86%, see rank12.29%10.60%
Median Rooms5.80, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Milford, CTConnecticutU.S.
Total Housing Units22,090, 100%1,490,381132,741,033
No Bedroom379, 1.72%, see rank2.11%2.17%
1 Bedroom2,974, 13.46%, see rank12.40%11.16%
2 Bedrooms5,788, 26.20%, see rank27.10%26.69%
3 Bedrooms8,228, 37.25%, see rank36.79%39.70%
4 Bedrooms3,700, 16.75%, see rank17.04%16.05%
5 or More Bedrooms1,021, 4.62%, see rank4.57%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Milford, CTConnecticutU.S.
Total Housing Units20,536, 100%1,356,206116,211,092
Utility Gas11,216, 54.62%, see rank32.80%48.85%
Bottled, Tank, or LP Gas279, 1.36%, see rank3.33%4.86%
Electricity2,114, 10.29%, see rank15.36%36.68%
Fuel Oil, Kerosene, etc.6,665, 32.46%, see rank45.24%5.86%
Coal or Coke29, 0.14%, see rank0.12%0.12%
Wood153, 0.75%, see rank2.16%2.12%
Solar Energy0, 0.00%, see rank0.04%0.05%
Other Fuel80, 0.39%, see rank0.67%0.47%
No Fuel Used0, 0.00%, see rank0.28%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMilford, CTConnecticutU.S.
Occupied Units Paying Rent4,431, 100%424,20839,201,928
$199 or Less15, 0.34%, see rank1.84%1.50%
$200 to $299160, 3.61%, see rank3.78%3.18%
$300 to $499380, 8.58%, see rank5.89%7.37%
$500 to $69966, 1.49%, see rank6.97%16.01%
$700 to $999377, 8.51%, see rank25.33%29.17%
$1,000 to $1,4991,468, 33.13%, see rank36.47%26.88%
$1,500 to $1,9991,441, 32.52%, see rank12.85%9.79%
$2,000 or More524, 11.83%, see rank6.88%6.10%
Median$1,412, see rank$1,069$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Milford, CTConnecticutU.S.
Occupied Housing Units20,536, 100%1,356,206116,211,092
No Vehicles Available1,174, 5.72%, see rank9.10%9.12%
1 Vehicles Available6,522, 31.76%, see rank32.69%33.80%
2 Vehicles Available8,560, 41.68%, see rank38.00%37.48%
3 or More Vehicles Available4,280, 20.84%, see rank20.21%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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