The median household income in Milford, IL in 2022 was $47,102, which was 62.9% less than the median annual income of $76,708 across the entire state of Illinois. Compared to the median income of $30,109 in 2000 this represents an increase of 36.1%. The per capita income in 2022 was $23,883, which means an increase of 20.1% compared to 2000 when it was $19,078.
Whole page based on the data from 2000 / 2022 when the population of Milford, Illinois was 1,369 / 1,229
Income statistics for all residents
Median household income in Milford, IL in 2022:
Milford:
$47,103
State:
$76,708
Change in median household income between 2000 and 2022:
Milford, Illinois:
+56.4%
Illinois:
+64.6%
Number of households with income < $10k:
Milford:
2.7% (15)
State:
5.9% (296,090)
Number of households with income $10k - 20k:
Milford:
13.7% (77)
State:
6.6% (333,259)
Number of households with income $20k - 30k:
Milford:
13.7% (77)
State:
6.8% (342,921)
Number of households with income $30k - 40k:
Milford:
13.5% (76)
State:
7.0% (355,254)
Number of households with income $40k - 50k:
Milford:
10.6% (60)
Illinois:
6.7% (340,678)
Number of households with income $50k - 60k:
Milford:
15.4% (87)
State:
6.7% (339,405)
Number of households with income $60k - 75k:
Milford:
9.9% (56)
Illinois:
9.2% (465,709)
Number of households with income $75k - 100k:
Milford:
8.9% (50)
Illinois:
12.9% (651,353)
Number of households with income $100k - 125k:
Milford:
4.4% (25)
Illinois:
10.3% (522,359)
Number of households with income $125k - 150k:
Milford:
3.5% (20)
State:
7.3% (367,136)
Number of households with income $150k - 200k:
Milford:
3.4% (19)
State:
9.0% (455,249)
Number of households with income > $200k:
Milford:
0.4% (2)
Illinois:
11.6% (586,947)
Aggregate household income in Milford in 2022: $29,289,474
Median family income in Milford in 2022:
Milford:
$54,105
Illinois:
$96,948
Number of families with income $10k - 20k:
Milford:
6.4% (19)
State:
3.3% (105,017)
Number of families with income $20k - 30k:
Milford:
13.9% (42)
State:
4.7% (146,403)
Number of families with income $30k - 40k:
Milford:
13.3% (41)
Illinois:
5.3% (167,069)
Number of families with income $40k - 50k:
Milford:
9.4% (29)
State:
5.8% (181,164)
Number of families with income $50k - 60k:
Milford:
16.4% (50)
Illinois:
6.1% (191,561)
Number of families with income $60k - 75k:
Milford:
11.4% (35)
Illinois:
9.0% (282,985)
Number of families with income $75k - 100k:
Milford:
13.4% (41)
State:
13.8% (432,725)
Number of families with income $100k - 125k:
Milford:
6.0% (18)
State:
11.9% (373,296)
Number of families with income $125k - 150k:
Milford:
3.1% (10)
State:
8.9% (279,791)
Number of families with income $150k - 200k:
Milford:
6.0% (18)
State:
11.9% (372,004)
Number of families with income > $200k:
Milford:
0.6% (2)
State:
15.9% (500,033)
Median non-family income in Milford in 2022:
Milford:
$33,648
State:
$46,533
Change in median non-family income between 2000 and 2022:
Milford, Illinois:
+112.3%
Illinois:
+64.0%
Median per capita income in Milford in 2022:
Milford:
$23,884
State:
$43,317
Change in median per capita income between 2000 and 2022:
Milford, Illinois:
+25.2%
State:
+87.5%
Income statistics for White residents
Median household income in Milford, IL in 2022:
Milford:
$47,223
State:
$83,346
Change in median household income between 2000 and 2022:
Milford, Illinois:
+58.0%
State:
+67.5%
Number of households with income < $10k:
Milford:
1.4% (7)
Illinois:
4.5% (149,895)
Number of households with income $10k - 20k:
Milford:
14.0% (72)
State:
5.5% (184,529)
Number of households with income $20k - 30k:
Milford:
14.0% (72)
State:
6.1% (205,767)
Number of households with income $30k - 40k:
Milford:
14.0% (72)
State:
6.7% (225,572)
Number of households with income $40k - 50k:
Milford:
9.7% (50)
Illinois:
6.5% (216,965)
Number of households with income $50k - 60k:
Milford:
16.1% (83)
Illinois:
6.6% (222,841)
Number of households with income $60k - 75k:
Milford:
10.5% (54)
State:
9.3% (312,758)
Number of households with income $75k - 100k:
Milford:
8.9% (46)
State:
12.9% (433,180)
Number of households with income $100k - 125k:
Milford:
4.5% (23)
Illinois:
10.7% (360,753)
Number of households with income $125k - 150k:
Milford:
3.7% (19)
Illinois:
7.9% (266,532)
Number of households with income $150k - 200k:
Milford:
3.5% (18)
State:
10.0% (337,357)
Number of households with income > $200k:
Milford:
0.0% (0)
Illinois:
13.3% (446,069)
Aggregate household income in Milford in 2022: $27,100,087
Median family income in Milford in 2022:
Milford:
$54,728
State:
$107,938
Number of families with income $10k - 20k:
Milford:
6.4% (18)
State:
2.5% (50,574)
Number of families with income $20k - 30k:
Milford:
13.7% (38)
Illinois:
3.5% (70,927)
Number of families with income $30k - 40k:
Milford:
13.4% (37)
State:
4.4% (90,563)
Number of families with income $40k - 50k:
Milford:
9.0% (25)
Illinois:
5.0% (102,597)
Number of families with income $50k - 60k:
Milford:
17.0% (47)
State:
5.8% (119,129)
Number of families with income $60k - 75k:
Milford:
11.6% (32)
State:
8.8% (179,665)
Number of families with income $75k - 100k:
Milford:
13.3% (37)
State:
13.5% (276,887)
Number of families with income $100k - 125k:
Milford:
6.1% (17)
State:
12.5% (256,099)
Number of families with income $125k - 150k:
Milford:
3.2% (9)
State:
9.8% (199,855)
Number of families with income $150k - 200k:
Milford:
6.2% (17)
State:
13.4% (274,569)
Median non-family income in Milford in 2022:
Milford:
$34,154
State:
$50,934
Change in median non-family income between 2000 and 2022:
Milford, Illinois:
+115.5%
State:
+70.7%
Median per capita income in Milford in 2022:
Milford:
$24,768
Illinois:
$50,738
Change in median per capita income between 2000 and 2022:
Milford, Illinois:
+29.3%
State:
+95.5%
Income statistics for Hispanic or Latino residents
Number of households with income < $10k:
Milford:
0.0% (0)
State:
4.9% (33,145)
Number of households with income $10k - 20k:
Milford:
42.9% (9)
State:
5.4% (36,345)
Number of households with income $20k - 30k:
Milford:
0.0% (0)
State:
7.5% (50,677)
Number of households with income $30k - 40k:
Milford:
57.1% (12)
State:
7.7% (52,008)
Number of households with income $40k - 50k:
Milford:
0.0% (0)
State:
8.1% (54,702)
Number of households with income $50k - 60k:
Milford:
0.0% (0)
State:
7.5% (51,062)
Number of households with income $60k - 75k:
Milford:
0.0% (0)
State:
11.3% (76,576)
Number of households with income $75k - 100k:
Milford:
0.0% (0)
Illinois:
15.5% (105,152)
Number of households with income $100k - 125k:
Milford:
0.0% (0)
State:
11.5% (77,760)
Number of households with income $125k - 150k:
Milford:
0.0% (0)
State:
7.3% (49,310)
Number of households with income $150k - 200k:
Milford:
0.0% (0)
Illinois:
7.6% (51,233)
Number of households with income > $200k:
Milford:
0.0% (0)
Illinois:
5.9% (40,028)
Aggregate household income in Milford in 2022: $2,738,300
Median per capita income in Milford in 2022:
Milford:
$20,595
State:
$26,551
Income statistics for Multirace residents
Number of households with income < $10k:
Milford:
0.0% (0)
State:
5.3% (21,595)
Number of households with income $10k - 20k:
Milford:
0.0% (0)
State:
6.5% (26,720)
Number of households with income $20k - 30k:
Milford:
0.0% (0)
Illinois:
8.0% (32,573)
Number of households with income $30k - 40k:
Milford:
0.0% (0)
State:
8.4% (34,383)
Number of households with income $40k - 50k:
Milford:
78.6% (11)
Illinois:
7.4% (30,234)
Number of households with income $50k - 60k:
Milford:
0.0% (0)
State:
6.9% (28,432)
Number of households with income $60k - 75k:
Milford:
0.0% (0)
Illinois:
10.2% (41,780)
Number of households with income $75k - 100k:
Milford:
0.0% (0)
State:
13.0% (53,426)
Number of households with income $100k - 125k:
Milford:
0.0% (0)
State:
10.5% (43,126)
Number of households with income $125k - 150k:
Milford:
0.0% (0)
State:
7.6% (31,153)
Number of households with income $150k - 200k:
Milford:
0.0% (0)
Illinois:
7.6% (30,946)
Number of households with income > $200k:
Milford:
21.4% (3)
State:
8.6% (35,208)
Aggregate household income in Milford in 2022: $1,451,279
Median per capita income in Milford in 2022:
Milford:
$42,127
State:
$29,285
Change in median per capita income between 2000 and 2022:
Milford, Illinois:
+100.6%
Illinois:
+112.9%
Income statistics for other residents
Median per capita income in Milford in 2022:
Milford:
$45,393
State:
$25,392
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