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Milford Mill, MD Real Estate


According to census data in the year 2000 there were 11,217 housing units in Milford Mill. This represents a 16% growth from 9,671 in 1990.

Of those housing units, 11,091 were located in either urbanized areas or urban clusters, and 126 were located in what is classified as a rural area.

Homeownership rate in Milford Mill is about 46.3%. Milford Mill's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Milford Mill were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom12%
Two Bedrooms39.20%
Three Bedrooms37.50%
Four Bedrooms9%
Five Bedrooms or more0.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1966
Median Value of occupied units$111,900
Median Price asked for vacant units$110,600

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1976
Median Monthly Rent asked for vacant units$691

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage12.20%
Home Equity Loan6.40%
Simple Mortgage64.20%
Debt Free17.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.7%