Milford

County:: Otsego County
County Seat:: No
Area (mi²):: 0.424
State:: New York

Milford is a village located in Otsego County, New York. Milford has a 2025 population of 398. Milford is currently declining at a rate of -0.25% annually and its population has decreased by -1% since the most recent census, which recorded a population of 402 in 2020.

The average household income in Milford is $81,127 with a poverty rate of 10.28%. The median age in Milford is 48.7 years: 53.5 years for males, and 46.4 years for females.

Demographics

The racial composition of Milford includes 82.66% White, 12.21% Asian, and smaller percentages for Black or African American, Native American, Native Hawaiian or Pacific Islander, other race and multiracial populations.

Population by Race

White

Asian

Two or more races

Black or African American

Native American

Native Hawaiian or Pacific Islander

Other race

Race	Population	Percentage (of total)
White	386	82.66%
Asian	57	12.21%
Two or more races	17	3.64%
Black or African American	7	1.5%
Native American	0	0%
Native Hawaiian or Pacific Islander	0	0%
Other race	0	0%

Milford Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Milford's average per capita income is $41,875. Household income levels show a median of $63,750. The poverty rate stands at 10.28%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$112,045	-
Families	$72,917	$98,901
Households	$63,750	$81,127
Non Families	$25,833	$55,595

$41,875

Average Income

$63,750

Median Household Income

10.28%

Poverty Rate