Milford

Milford, Iowa, is the Southern Gateway to the Iowa Great Lakes

Welcome to Milford, Iowa, where the beauty of the Iowa Great Lakes meets small-town charm. As the Southern Gateway to the Iowa Great Lakes, Milford offers a welcoming community with a range of amenities and activities to enjoy.

Community Life

Milford is home to the mythical University of Okoboji and is proud of its title as The Gateway to the Iowa Great Lakes. The city boasts numerous city parks, including Buchanan, Calkins, Florence, and Memorial, providing ample green spaces for recreation and relaxation. Milford is also known for its high-standard school system and is the proud home of the Okoboji Pioneers.

Quality of Life

Living in Milford is a pleasure. With a population of just over 3,000 people, the town offers a close-knit community where neighbors become friends. Surrounded by the rolling hills of western Iowa, residents enjoy a range of outdoor activities year-round, from fishing and camping to hiking in nearby lakes and state parks. The town also hosts a variety of festivals and events, adding to its vibrant community spirit.

Business and Entrepreneurship

Milford has a thriving business community, with a diverse range of industrial, retail, and professional businesses. The town's economy is supported by manufacturing, farming, and locally owned companies, providing stability and growth opportunities. With over 300 businesses calling Milford home, the town offers extensive resources to support local entrepreneurs and businesses.

Reasons for Businesses to Relocate to Milford

Milford's local government is known for being friendly toward business growth and development. Affordable utility prices and robust infrastructure support make it an ideal location for businesses looking to relocate or expand. With growing local business opportunities, Milford is a place where businesses can thrive.

Join us in Milford, Iowa, and experience the best of small-town living in the heart of the Iowa Great Lakes. For information concerning economic development incentives, programs, and more please get in touch with the Milford City Clerk at 712-338-2741.

Population

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Population

Population2000201020232028
Milford2,8753,0653,3843,465

Source: ESRI, 2023-10-17

Population by Age

Population2023
0-4162
5-9160
10-14166
15-19192
20-24146
25-29170
30-34198
35-39217
40-44237
45-49174
50-54206
55-59229
60-64277
65-69273
70-74218
75-79154
80-8487
85+118
18+2,787
Median Age46

Source: ESRI, 2023-10-17

Population by Race

Milford2023
Total3,384.00
White Alone92.46%
Black Alone0.77%
American Indian Alone0.06%
Asian Alone0.5%
Pacific Islander Alone0.06%
Some Other Race1.54%
Two or More Races4.61%
Hispanic Origin3.78%
Diversity Index20.50

Source: ESRI, 2023-10-17

Growth Rate

Milford2023 - 2028
Population0.47%
Households0.95%
Families0.76%
Median Household Income1%
Per Capita Income3%

Source: ESRI, 2023-10-17

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Housing

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Households

Population2000201020232028
Households1,2261,3471,4681,539
Housing Units1,3391,4941,6491,740
Owner Occupied Units1,1311,206
Renter Occupied Units337333
Vacant Units181201

Source: ESRI, 2023-10-17

Home Value

Milford20232028
Median Home Value$202,948$215,873
Average Home Value$261,715$285,821
<$50,0006155
$50,000 - $99,9999179
$100,000 - $149,999201192
$150,000 - $199,999199197
$200,000 - $249,999229252
$250,000 - $299,99989105
$300,000 - $399,9997089
$400,000 - $499,9996681
$500,000 - $749,99993113
$1,000,000 +2837

Source: ESRI, 2023-10-17

Housing Year Built

Year RangeHouses Built
2010 or Later122
2000-2009114
1990-1999175
1980-1989156
1970-1979272
1960-1969148
1950-1959172
1940-194915
1939 or Before287

Source: ESRI, 2023-10-17

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Income

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Income

Milford20232028
Median Household$58,990$63,347
Average Household$78,880$87,824
Per Capita$34,242$39,030

Source: ESRI, 2023-10-17

Household Income

Milford2023
<$15,00098
$15,000 - $24,999103
$25,000 - $34,999147
$35,000 - $49,999219
$50,000 - $74,999356
$75,000 - $99,999247
$100,000 - $149,999189
$150,000 - $199,99961
$200,000+48

Source: ESRI, 2023-10-17

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Employees

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Commute

CategoryCommuters
Workers 16+1,632
In-County Residents1,363
Out-of-County Residents233
Drive Alone1,231
Carpooled235
Public Transport11
Work at Home80
Motorcycle0
Bicycle9
Walked32
Other34
Less than 5 minutes176
5-9 minutes326
10-14 minutes251
15-19 minutes328
20-24 minutes250
25-29 minutes33
30-34 minutes38
35-39 minutes23
40-44 minutes7
45-59 minutes73
60-89 minutes14
90+ minutes34
Average Travel Time0

Source: ESRI, 2023-10-17

Source: ESRI, 2023-10-17

Employees by NAICS

CategoryNumber
Total Employees1,147
Agr/Forestry/Fish/Hunt6
Mining0
Utilities0
Construction86
Manufacturing49
Wholesale Trade88
  
Retail Trade80
Motor Veh/Parts Dealers5
Furn & Home Furnish Str0
Electronics & Appl Store1
Bldg Matl/Garden Equip19
Food & Beverage Stores18
Health/Pers Care Stores7
Gasoline Stations5
Clothing/Accessory Store0
Sports/Hobby/Book/Music18
General Merchandise Str7
  
Transportation/Warehouse21
Information31
  
Finance & Insurance48
Cntrl Bank/Crdt Intrmdtn38
Sec/Cmdty Cntrct/Oth Inv5
Insur/Funds/Trusts/Other5
  
Real Estate/Rent/Leasing13
Prof/Scientific/Tech Srv68
Legal Services4
Mgmt of Comp/Enterprises25
Admin/Support/Waste Mgmt70
Educational Services160
HealthCare/Social Assist157
Arts/Entertainment/Rec2
  
Accommodation/Food Srvcs150
Accommodation16
Food Srv/Drinking Places134
  
Other Srv excl Pub Admin66
Auto Repair/Maintenance2
Public Administration Emp27

Source: ESRI, 2023-10-17

Educational Attainment (25+)

Milford2023
<9th Grade89
Some High School87
GED105
Graduated High School555
Some College/No Degree544
Associates Degree502
Bachelor's Degree560
Graduate Degree116

Source: ESRI, 2023-10-17

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Businesses

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Businesses by NAICS

CategoryNumber
Total Businesses154
Agr/Forestry/Fish/Hunt Bus2
Mining Bus0
Utilities Bus0
Construction Bus13
Manufacturing Bus6
Wholesale Trade Bus6
  
Retail Trade Bus21
Motor Veh/Parts Dealers Bus2
Furn & Home Furnish Str Bus0
Electronics & Appl Store Bus1
Bldg Matl/Garden Equip Bus4
Food & Beverage Stores Bus3
Health/Pers Care Stores Bus1
Gasoline Stations Bus1
Clothing/Accessory Store Bus1
Sports/Hobby/Book/Music Bus7
General Merchandise Str Bus1
  
Transportation/Warehouse Bus5
Information Bus5
  
Finance & Insurance Bus6
Cntrl Bank/Crdt Intrmdtn Bus3
Sec/Cmdty Cntrct/Oth Inv Bus2
Insur/Funds/Trusts/Other Bus1
  
Real Estate/Rent/Leasing Bus5
Prof/Scientific/Tech Srv Bus10
Legal Services Bus1
Mgmt of Comp/Enterprises Bus1
Admin/Support/Waste Mgmt Bus9
Educational Services Bus5
HealthCare/Social Assist Bus15
Arts/Entertainment/Rec Bus1
  
Accommodation/Food Srvcs Bus14
Accommodation Bus4
Food Srv/Drinking Places Bus10
  
Other Srv excl Pub Admin Bus19
Auto Repair/Maintenance Bus2
Public Administration Bus6

Source: ESRI, 2023-10-17

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