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Milford, Massachusetts Economy Profile

Official State Website URL- http://www.mass.gov

QuickFacts


 Milford, Massachusetts United States
StateMassachusetts
CityMilford
Total population24,230 281,421,906
Male11,694138,053,563
Female12,536143,368,343
Median age (years)36.735.3
Total households9,566105,480,101
Median household income (dollars)47,09041,994

Milford, Massachusetts Economy

sixty-eight point zero four percent of population 16 years and over is in the active work force in Milford, Massachusetts. Among them 32.71% are females aged 16 and over. 86.12% of Milford, Massachusetts workers 16 years and over commute to work by car, truck, or van - drive alone. 0.49% use public transportation (including taxicab). One point eight two percent of Milford, Massachusetts residents work at home.

The total population of Milford, Massachusetts is 24,230 people. The median household income in Milford, Massachusetts is $47,090. Management, professional, and related occupations make up 38.95% of all occupations. 7.41% of Milford, Massachusetts population is involved into construction, extraction, and maintenance occupations. 27.74% of population are in sales and office occupations. Production, transportation, and material moving occupations account for 13.29% of occupations.

14.12% of families in Milford, Massachusetts have an income from $35,000 to $49,999. 0.0 of families are below poverty level. Milford, Massachusetts median household income is $47,090. On an average, male full-time, year-round workers, receive $41,250, female full-time, year-round workers, are paid $30,541.

 Milford, Massachusetts %, Milford, Massachusetts United States
Population 16 years and over18,916  217,168,077
In labor force12,870 68.04%63.92%
- Civilian labor force12,870 68.04%63.39%
- - Employed12,361 65.35%59.73%
- - Unemployed509 2.69%3.66%
- - - Percent of civilian labor force4.0  5.8
- Armed Forces0  0.53%
Not in labor force6,046 31.96%36.08%
 
Females 16 years and over10,012 52.93%51.66%
In labor force6,188 32.71%29.72%
- Civilian labor force6,188 32.71%29.65%
- - Employed5,937 31.39%27.92%
 
Own children under 6 years2,098 11.09%10.05%
All parents in family in labor force1,385  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over12,169  128,279,228
Car, truck, or van -- drove alone10,480 86.12%75.7%
Car, truck, or van -- carpooled1,089 8.95%12.19%
Public transportation (including taxicab)60 0.49%4.73%
Walked214 1.76%2.93%
Other means104 0.85%1.19%
Worked at home222 1.82%3.26%
Mean travel time to work (minutes)25.9 0.21%25.5
 
Employed civilian population 16 years and over12,361  129,721,512
 
OCCUPATION
Management, professional, and related occupations4,815 38.95%33.65%
Service occupations1,544 12.49%14.86%
Sales and office occupations3,429 27.74%26.69%
Farming, fishing, and forestry occupations14 0.11%0.73%
Construction, extraction, and maintenance occupations916 7.41%9.45%
Production, transportation, and material moving occupations1,643 13.29%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining19 0.15%1.87%
Construction653 5.28%6.78%
Manufacturing2,469 19.97%14.1%
Wholesale trade494 4.0%3.6%
Retail trade1,627 13.16%11.73%
Transportation and warehousing, and utilities421 3.41%5.2%
Information459 3.71%3.08%
Finance, insurance, real estate, and rental and leasing1,047 8.47%6.89%
Professional, scientific, management, administrative, and waste management services1,073 8.68%9.3%
Educational, health and social services2,552 20.65%19.92%
Arts, entertainment, recreation, accommodation and food services596 4.82%7.87%
Other services (except public administration)668 5.4%4.87%
Public administration283 2.29%4.79%
 
CLASS OF WORKER
Private wage and salary workers10,494 84.9%78.47%
Government workers1,265 10.23%14.59%
Self-employed workers in own not incorporated business573 4.64%6.63%
Unpaid family workers29 0.23%0.31%
 Milford, Massachusetts %, Milford, Massachusetts United States
INCOME IN 1999
Households9,582  105,539,122
Less than $10,000830 8.66%9.54%
$10,000 to $14,999604 6.3%6.31%
$15,000 to $24,9991,107 11.55%12.83%
$25,000 to $34,9991,018 10.62%12.81%
$35,000 to $49,9991,378 14.38%16.53%
$50,000 to $74,9991,914 19.97%19.46%
$75,000 to $99,9991,373 14.33%10.23%
$100,000 to $149,9991,031 10.76%7.72%
$150,000 to $199,999243 2.54%2.2%
$200,000 or more84 0.88%2.37%
Median household income (dollars)47,090  41,994
With earnings7,752 40.98%39.12%
- Mean earnings (dollars)60,710  56,604
With Social Security income2,484 13.13%12.47%
- Mean Social Security income (dollars)10,393  11,320
With Supplemental Security Income465 2.46%2.13%
- Mean Supplemental Security Income (dollars)7,492  6,320
With public assistance income307 1.62%1.67%
- Mean public assistance income (dollars)4,348  3,032
With retirement income1,594 8.43%8.13%
- Mean retirement income (dollars)11,727  17,376
 
Families6,553  72,261,780
Less than $10,000244 3.72%5.75%
$10,000 to $14,999242 3.69%4.31%
$15,000 to $24,999688 10.5%10.74%
$25,000 to $34,999583 8.9%12.02%
$35,000 to $49,999925 14.12%17.13%
$50,000 to $74,9991,557 23.76%22.32%
$75,000 to $99,9991,148 17.52%12.47%
$100,000 to $149,999900 13.73%9.6%
$150,000 to $199,999195 2.98%2.75%
$200,000 or more71 1.08%2.92%
Median family income (dollars)58,321  50,046
 
Per capita income (dollars)22,813  21,587
Median earnings (dollars):
Male full-time, year-round workers41,250  37,057
Female full-time, year-round workers30,541  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families399  6,620,945
With related children under 18 years288 72.18%77.87%
- With related children under 5 years139 34.84%38.7%
 
Families with female householder, no husband present256  3,315,916
With related children under 18 years220 85.94%88.68%
- With related children under 5 years96 37.5%42.27%
 
Individuals1,815  33,899,812
18 years and over1,233 67.93%65.35%
- 65 years and over322 17.74%9.7%
Related children under 18 years559 30.8%33.59%
- Related children 5 to 17 years393 21.65%23.52%
Unrelated individuals 15 years and over631 34.77%31.63%
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The data is taken from www.census.gov reports.