Zip 01757 (Milford, MA) Economy


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Milford, MA is a small city located 01757. It is known for its rich history and diverse range of attractions. Rent for a two-bedroom apartment in Milford averages $1,820 per month, which is significantly higher than the national average of $1,430 per month. Additionally, the grocery cost index in Milford is 107 compared to 100 nationally.
Milford has some great local businesses such as the popular seafood restaurant Wood 'N Tap and the historic Bresnahan’s Sports Pub & Restaurant. Fitness Enthusiasts can take advantage of the numerous gyms like Anytime Fitness or Cross Fit Wachusett. The nearby East Coast Game Park also offers unique entertainment experiences for visitors. Popular points of interest in Milford include the Memorial Dog Park where locals can enjoy a peaceful stroll with their four-legged friends and the New England Fire Museum where they can learn more about firefighting history.

Milford (zip 01757) has an unemployment rate of 6.7%. The US average is 6.0%.

Milford (zip 01757) has seen the job market increase by 4.0% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.

Tax Rates for Milford (zip 01757)
- The Sales Tax Rate for Milford (zip 01757) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Milford (zip 01757) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Milford (zip 01757)
- The average income of a Milford (zip 01757) resident is $41,438 a year. The US average is $37,638 a year.
- The Median household income of a Milford (zip 01757) resident is $89,273 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilford, MassachusettsUnited States
  6.76
  -8.6%-6.2%
  38.5%33.5%
  6.3%6.2%
  5.1%4.6%
  $41,438$37,638
  $89,273$69,021
  $103,721$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.4%6.8%
  7.8%10.0%
  1.9%2.5%
  12.1%11.0%
  2.9%4.8%
  0.5%0.8%
  1.7%1.9%
  3.0%4.7%
  1.8%1.9%
  9.6%7.6%
  0.2%0.1%
  6.2%4.2%
  9.2%9.3%
  15.3%14.0%
  2.2%2.1%
  5.0%7.0%
  4.4%4.8%
  3.7%4.7%
Health