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 Type | 0.70% |
| One Bedroom | 6.70% |
| Two Bedrooms | 32.40% |
| Three Bedrooms | 40.80% |
| Four Bedrooms | 11.30% |
| Five Bedrooms or more | 8.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.93 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $74,000 |
| Median Price asked for vacant units | $35,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.09 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $400 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 52.30% |
| Debt Free | 36% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.7% |
