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Milford, TX Real Estate


According to census data in the year 2000 there were 309 housing units in Milford. This represents a 3% growth from 300 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 309 were located in what is classified as a rural area.

Homeownership rate in Milford is about 80%. Milford's vacancy rate, including seasonal lodging, is about 17.5%. Average household size is 2.6 people.

The majority of houses, apartments or condos in Milford were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom3.20%
Two Bedrooms38.80%
Three Bedrooms47.60%
Four Bedrooms7.10%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1956
Median Value of occupied units$39,500
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1947
Median Monthly Rent asked for vacant units$208

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan1.80%
Simple Mortgage44.20%
Debt Free53.90%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%