Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

107 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,595

Average Rent as Percentage of Gross Income

Median rent for 2018: $750

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $20,158
--Home Prepared Food $11,359
--Restaurant/Takeaway Food $8,799
Alcoholic Beverages $1,480
Housing $51,095
--Rent/Mortgage/Upkeep/Taxes $29,877
--Utilities $10,299
--Operations $3,880
--Supplies $1,900
--Furnishings $5,160
Apparel $4,740
--Men & Boys $1,060
--Women & Girls $1,920
--Children < 2 $20
--Footwear $1,000
Transportation $24,818
--New Vehicles $4,640
--Used Vehicles $5,300
--Fuel $5,360
--Insurance $2,480
--Public Transit $2,080
Healthcare $12,639
Entertainment $8,199
--Pets $1,680
--Toys $400
Personal Care Products $1,960
Books & Literature $280
Education $3,580
Tobacco Products $880
Miscellaneous $2,520
Retirement $4,800
Non-health Insurance $18,558
Total Expenditures $155,706

Selected Population Data

Period Geography Population
2014 Milford village, Michigan 6,325
2015 Milford village, Michigan 6,390
2016 Milford village, Michigan 6,434
2017 Milford village, Michigan 6,449
2018 Milford village, Michigan 6,484