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According to statistics, the population in Milford, PA amounts to 1,124, which shows growth 3% compared to the previous year. The median age of the city’s residents is 54. The average household income is $45,568, shifting decline -19% from the past year, and the average property value in Milford, PA decline 0% to $280,800 throughout the year.
|Number Of Employees||514|
|Median Property Value||$280,800|
The average household income in Milford, PA declined from $56,250 to $45,568 in the past year. This data is an estimate based upon 559 households in Milford, PA . The chart below presents how household income is distributed in Milford, PA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Milford, PA shifted from $281,400 to $280,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Milford, PA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Milford, PA properties falls in the '$250,000 to $299,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Milford, PA compared to median property taxes around the country. The prevalent amount of property taxes in Milford, PA equals $3000, which is less than the national average.
|Apartment Size||May||vs Last Month|
|2 bed apartments||$219,700||-1.3%|
|3 bed apartments||$319,300||+81.1%|
|4+ bed apartments||$478,925||+122.2%|
During May 2021, the average price for an apartment in/near Milford, PA increased by 105.6% to $409,631.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $219,700. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $319,300. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $478,925 for a big-family home.
|Listing Type||May||vs Last Month|
|Apartments for sale||$267,933||+106.1%|
|Houses for sale||$448,914||+67.2%|
|Lofts for sale||$347,200||N/A|
While assessing the property pricing Milford, PA, you can note that it remains flat with a price tag of $267,933. According to statistics, average house is still $448,914 with no significant changes this month. The price statistics of lofts have not significantly changed, it now still goes for $347,200.
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