Milford (zip 04461), Maine 

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Population

2,964

-2.2% since 2020

Unemployment Rate

5.3%

Median Income

$50,971

Median Home Price

$175,000

Median Age

38.6

Comfort Index (Climate)

9.2 / 3.9

summer / winter

United States / Maine / Bangor Metro Area / Penobscot County / No City / Milford (zip 04461)

Best Places to Live in Milford (zip 04461), Maine

Small city / college town - Central Maine along the Penobscot River, about 30 miles north of the Atlantic Ocean. August, July and June are the most pleasant months in the 04461 zip code, while January and February are the least comfortable months.
State: Maine
County: Penobscot County
Metro Area: Bangor Metro Area
City: No City
Zip Codes: Milford (zip 04461)
Cost of Living: -17.2% lower
Time zone: Eastern Standard Time (EST)
Elevation: 110 ft above sea level

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Milford, ME Housing Market
Least Expensive HomesHomes Over 2,000 Sq. Ft.
Median Home ValueHomes less than 10 yrs old
Most Expensive HomesAll Single Family Homes
Pros
Outdoor recreation
Attractive setting
Nearby university
Cons
Low job growth
Isolation
Harsh winters

What Bert Has To Say About Bangor Metro Area

Bangor is the gateway to the “north country” and a fairly prosperous lumber, paper, and shipping center and the navigable terminus of the Penobscot River in east-central Maine. The areas to the north are wooded wilderness. The rugged shore area is 30 miles to the south, and the “Down East” coast to the northeast is a vast, unpopulated area of classic New England coastline with fishing and other recreational sites. Acadia National Park is on an island 40 miles to the south. Old Town, on a river island 10 miles north, is home to the University of Maine and the Old Town Canoe Company, a business befitting to the area.


Highlights

ECONOMY
The unemployment rate in Milford (zip 04461) is 5.3% (U.S. avg. is 6.0%). Recent job growth is Negative. Milford (zip 04461) jobs have decreased by 0.4%. More Economy

COST OF LIVING
Compared to the rest of the country, Milford (zip 04461)'s cost of living is 17.2% lower than the U.S. average. More Cost of Living or Compare Milford (zip 04461)'s Cost of Living

WEATHER & CLIMATE
August, July and June are the most pleasant months in the 04461 zip code, while January and February are the least comfortable months. Today's Weather | Climate Averages

VOTING
In the last Presidential election, Penobscot county remained moderately Republican, 52.6% to 44.2%. More Voting Stats

POPULATION
Milford (zip 04461)'s population is 2,964 people. Since 2020, it has had a population decline of 2.2%. Learn More...

TRANSPORTATION
Average Commute time is 22.5 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Milford (zip 04461) is Real Estate: $175,000. Home appreciation the last 10 years has been 9.2%.

SCHOOLS
Milford (zip 04461) public schools spend $15,871 per student. The average school expenditure in the U.S. is $12,383. There are about 15.1 students per teacher in Milford (zip 04461). More Education



Best Places to Live in Milford Rankings


Housing Market in Milford

It's a good time to buy in Milford. Home Appreciation is up 26.2% in the last 12 months.
The median home price in Milford is $175,000.
Real Estate: See Homes

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MAPS OF MILFORD (ZIP 04461), MAINE
Milford,Maine County Map
ZIP CODES IN MILFORD (ZIP 04461), MAINE
Milford (zip 04461)

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