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Milford, UT Real Estate


According to census data in the year 2000 there were 584 housing units in Milford. This represents a 11.9% growth from 522 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 584 were located in what is classified as a rural area.

Homeownership rate in Milford is about 74.8%. Milford's vacancy rate, including seasonal lodging, is about 17%. Average household size is 2.97 people.

The majority of houses, apartments or condos in Milford were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom6.70%
Two Bedrooms32.40%
Three Bedrooms40.80%
Four Bedrooms11.30%
Five Bedrooms or more8.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.93
Median year structure was built1955
Median Value of occupied units$74,000
Median Price asked for vacant units$35,000

Rented Homes, Apartments and Condos

Average Household Size3.09
Median year structure was built1953
Median Monthly Rent asked for vacant units$400

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan6.20%
Simple Mortgage52.30%
Debt Free36%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%