Cost of Living in Milford Mill, MD

Population: 31,939 • 2026 Data

$76,676
Median Household Income
-1% vs national
$1,576
Median Monthly Rent
+17% vs national
$269,900
Median Home Value
-20% vs national
6.5%
Unemployment Rate

Housing in Milford Mill

The median home value in Milford Mill, MD is $269,900. Monthly rent for a typical unit averages $1,576, while total monthly housing costs (including utilities and insurance) average $1,586.

Rent-to-income ratio: 24.7%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.

Income and Employment

The median household income in Milford Mill, MD is $76,676. The unemployment rate stands at 6.5%, with a labor force of 18,546 people.

Other Cities in Maryland

Baltimore, MD → Columbia, MD → Germantown, MD → Waldorf, MD → Silver Spring, MD → Frederick, MD → Ellicott City, MD → Glen Burnie, MD →

Data Sources

All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.

Verify at data.census.gov