Milford, ME Real Estate
According to census data in the year 2000 there were 954 housing units in Milford.
This represents a 7.6% growth from 887 in 1990.
Of those housing units, 744 were located in either urbanized areas or urban clusters, and 210 were located in what is classified as a rural area.
Homeownership rate in Milford is about 78.4%.
Milford's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Milford were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 8.90% |
| Two Bedrooms | 33.10% |
| Three Bedrooms | 47.60% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $81,700 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $517 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.80% |
| Second Mortgage | 5% |
| Home Equity Loan | 7.70% |
| Simple Mortgage | 43.30% |
| Debt Free | 42.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
