Milford, TX, with population of 76670 is a great city to live in. The rent for a two bedroom apartment is $1,230 which is cheaper than the US average of $1,430. Grocery Cost Index in Milford is 95 versus 100 in the US. Living here can save you money. Milford has many businesses that locals frequent such as Milford Inn & Suites, Papa's Diner, and Texas Grand Ranch Realty. All these businesses are owned by people who have been living in Milford for years and understand the needs of their customers. These local businesses are what keeps Milford an amazing place to live!
Milford (zip 76670) has an unemployment rate of 5.8%. The US average is 6.0%.
Milford (zip 76670) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 48.7%, which is higher than the US average of 33.5%.
Tax Rates for Milford (zip 76670)
- The Sales Tax Rate for Milford (zip 76670) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Milford (zip 76670) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Milford (zip 76670)
- The average income of a Milford (zip 76670) resident is $22,154 a year. The US average is $28,555 a year.
- The Median household income of a Milford (zip 76670) resident is $53,229 a year. The US average is $69,021 a year.