Cost of Living in Milford Mill, MD
Population 31,939 · Maryland · Data vintage 2023
(100 = US avg)
Most of Milford Mill's cost indicators track within a reasonable band of national figures, with median household incomes near $76,676 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail. Unemployment has stayed elevated relative to the national figure — 6.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Milford Mill sits roughly 9 miles west of Baltimore — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 23% higher than Baltimore's $219,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Milford Mill
The median home value in Milford Mill is $269,900 — 12% below the national median of $305,000. Median rent runs $1,576/month, 20% higher than the national median of $1,314/month. The median household income of $76,676/year is 3% higher than the US median of $74,580. The local unemployment rate is 6.5%, above the national average of 4.8%. Maryland's top state income tax rate is 5.8% and the combined sales tax is 6.0%. Overall, Milford Mill has a cost of living index of 101 versus the US average of 100, meaning it is 1% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Milford Mill, MD?
Milford Mill has a cost index of 101 (100 = national average). It is 1% above the national average.
What is average rent in Milford Mill, MD?
The median gross rent in Milford Mill is $1,576 per month based on 2023 Census data.
What is the average home price in Milford Mill?
The median home value in Milford Mill is $269,900 according to 2023 Census ACS data.
What is the median income in Milford Mill?
The median household income in Milford Mill is $76,676 per year (2023 ACS 5-year estimates).
What is the sales tax in Milford Mill, MD?
The combined state and local sales tax rate in Milford Mill is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Milford Mill, MD affordable?
Milford Mill is near the national average in terms of cost of living, with an index of 101 (100 = US average).
Milford Mill at a Glance
- Population
- 31,939
- Median Income
- $76,676
- Home Value
- $269,900
- Median Rent
- $1,576/mo
- Unemployment
- 6.5%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
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