Economy & Jobs — Milford, Indiana

Income & Employment

Median Household Income (Census)$51,667
Estimated 2026~$59,300
Per Capita Income$25,697
Poverty Rate9.4%
Unemployment Rate1.7%
In Labor Force954

Top Industries

IndustryShare
Manufacturing55.1%
Education Healthcare10.4%
Retail7.7%

Local Businesses (County)

TypeCount
Full Service Restaurants67
Fast Food60
Insurance Agencies43
Gas Stations33
Commercial Banks33
Auto Repair28
Real Estate Offices25
Beauty Salons23
Physician Offices20
Dental Offices20
General Merchandise18
Law Offices17
Coffee Shops15
Chiropractors14
Child Day Care13
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.