Milford Mill, MD Real Estate
According to census data in the year 2000 there were 11,217 housing units in Milford Mill.
This represents a 16% growth from 9,671 in 1990.
Of those housing units, 11,091 were located in either urbanized areas or urban clusters, and 126 were located in what is classified as a rural area.
Homeownership rate in Milford Mill is about 46.3%.
Milford Mill's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Milford Mill were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 12% |
| Two Bedrooms | 39.20% |
| Three Bedrooms | 37.50% |
| Four Bedrooms | 9% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $111,900 |
| Median Price asked for vacant units | $110,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $691 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 12.20% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 64.20% |
| Debt Free | 17.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.7% |
