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Milford, CT Real Estate


According to census data in the year 2000 there were 21,137 housing units in Milford.

Of those housing units, 21,137 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Milford is about 77.5%. Milford's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Milford were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom13.80%
Two Bedrooms24.60%
Three Bedrooms42%
Four Bedrooms15.80%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1959
Median Value of occupied units$168,700
Median Price asked for vacant units$158,700

Rented Homes, Apartments and Condos

Average Household Size1.98
Median year structure was built1963
Median Monthly Rent asked for vacant units$699

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage7.10%
Home Equity Loan11.30%
Simple Mortgage53%
Debt Free28.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.8%