Is Milford Mill, Maryland a Good Place To Live? - Living In Milford Mill, MD
Is Milford Mill, Maryland a good place to live?
Milford Mill is a city in Maryland state in USA with a population of 30355 residents..
The poverty rate of Milford Mill is 10.4%, which is 26% lower than national average.
The typical household in Milford Mill earns $65229 a year, compared to the national median of $67,500.
Nearly 35.3% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Milford Mill, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Milford Mill remained 6.3%, which is 34% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Milford Mill, only 30% of adults have a bachelor's degree and 34% have some college but no degree.
Cost of living in Milford Mill is 106, which is 6% higher than national average. Median home value in Milford Mill is $220500 , which is 4% lower than national average. While median income in Milford Mill remained $65229, which is 3% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Milford Mill, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Milford Mill remained 6.3%, which is 34% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Milford Mill, only 30% of adults have a bachelor's degree and 34% have some college but no degree.
Cost of living in Milford Mill is 106, which is 6% higher than national average. Median home value in Milford Mill is $220500 , which is 4% lower than national average. While median income in Milford Mill remained $65229, which is 3% lower than national average.
Population
30355
Unemployment
6.3%
Poverty
10.4%
Overall Score
6
Median Home Cost
$220500
4%
NAT AVG.
Median Income
$65229
3%
NAT AVG.
Median Rent
$1378
19%
NAT AVG.
Cost Of Living
106
6%
NAT AVG.
People Living BPL
1 in 10
Unemployed People
1 in 16
People Earning < $10,000
1 in 18
People Earning < $50,000
35.3%
People with <= High School
1 in 2.8
People With Any Degree
1 in 2.4
Pros & Cons Overview
Jobs70%
Housing85%
Affordability50%
Safety95%
Amenities95%
Diversity70%
Education80%
Commute50%
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