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.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom15.50%
Two Bedrooms30.80%
Three Bedrooms32.60%
Four Bedrooms17.70%
Five Bedrooms or more3.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1962
Median Value of occupied units$88,000
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1972
Median Monthly Rent asked for vacant units$318

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage6.80%
Home Equity Loan7%
Simple Mortgage46.60%
Debt Free38.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%