Milford is located in east Texas. Milford is between the Ellis, Hill, Navarro county. Milford has 2.46 square miles of land area and 0.01 square miles of water area. As of 2010-2014, the total Milford population is 721, which has grown 5.26% since 2000. The population growth rate is much lower than the state average rate of 25.13% and is much lower than the national average rate of 11.61%. Milford median household income is $32,656 in 2010-2014 and has grown by 38.96% since 2000. The income growth rate is higher than the state average rate of 31.68% and is higher than the national average rate of 27.36%. Milford median house value is $75,300 in 2010-2014 and has grown by 90.63% since 2000. The house value growth rate is much higher than the state average rate of 59.27% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Milford is better than the state average in quality. The Milford area codes are 469, 972.