Milford, NE Real Estate
According to census data in the year 2000 there were 776 housing units in Milford.
This represents a 14.6% growth from 677 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 776 were located in what is classified as a rural area.
Homeownership rate in Milford is about 60.4%.
Milford's vacancy rate, including seasonal lodging, is about 6.6%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Milford were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 15.50% |
| Two Bedrooms | 30.80% |
| Three Bedrooms | 32.60% |
| Four Bedrooms | 17.70% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $88,000 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $318 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 7% |
| Simple Mortgage | 46.60% |
| Debt Free | 38.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
