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Town Profile- Milford Milford, Connecticut CERC Town Profile 2016 Produced by The CT Data Collaborative Belongs To City Hall New Haven County 110 River Street LMA Bridgeport - Stamford Milford, CT 06460 South Central Economic Dev. Region (203) 783-3201 South Central Connecticut Planning Area Incorporated in 1639 Demographics Population (2010-2014) Race/Ethnicity (2010-2014) Town County State Town County State 2000 52,305 824,008 3,405,565 White 45,573 569,982 2,508,360 2010 52,759 862,477 3,574,097 Black 1,052 109,755 365,871 2014 53,039 863,148 3,592,053 Asian Pacific 2,640 32,080 145,842 2020 53,039 898,514 3,702,469 Native American 0 214 1,105 '14 - '20 Growth / Yr 0.2% 0.8% 0.9% Other/Multi-Race 1,528 70,175 282,094 Town County State Hispanic (Any Race) 2,809 137,844 512,795 Land Area (sq. miles) 22 605 4,842 Town County State Pop./Sq. Mile (2010) 2,391 1,428 742 Poverty Rate (2010-2014) 5.6% 12.7% 10.5% Median Age (2010-2014) 44 40 40 Educational Attainment (2010-2014) Households (2010-2014) 21,199 327,086 1,356,206 Town State Med. HH Inc. (2010-2014) $80,743 $61,646 $69,899 High School Graduate 11,050 28% 677,887 28% Associates Degree 3,274 8% 180,321 7% Bachelors or Higher 15,568 40% 908,551 37% Age Distribution (2010-2014) 0-4 5-14 15-24 25-44 45-64 65+ Total Town 2,603 5% 5,894 11% 5,528 10% 13,620 26% 16,518 31% 8,876 17% 53,039 100% County 46,731 5% 105,014 12% 122,258 14% 219,571 25% 240,617 28% 128,957 15% 863,148 100% State 194,338 5% 452,157 13% 489,981 14% 892,275 25% 1,032,223 29% 531,079 15% 3,592,053 100% Economics Business Profile (2014) Top Five Grand List (2014) Sector Units Employment Amount Total - All Industries 2,024 28,303 Connecticut Post Mall $135,310,262 Connecticut Light & Power $109,403,339 23 - Construction 173 943 Milford Crossing Investors $61,950,000 31-33 - Manufacturing 146 3,198 Wolff $51,316,641 44-45 - Retail Trade 311 5,836 JP Construction $28,200,980 Net Grand List (SFY 2013-2014) $6,440,527,586 62 - Health Care & Social Assistance 160 3,208 Major Employers (2014) 72 - Accommodation And Food Services 177 2,786 Servicom Llc Milford Hospital Schick-Wilkinson Sword Subway World Headquarters Total Government 32 2,614 Doctor's Associates Inc Education 2013-2014 School Year Connecticut Mastery Test Percent Above Goal (2013) Grades Enrollment Grade 3 Grade 4 Grade 8 Milford School District PK-12 6,401 Town State Town State Town State Reading 60.3% 56.9% 67.7% 62.7% 83.1% 76.3% Math 65.6% 61.6% 73.6% 65.4% 72.4% 65.2% Writing 71.0% 60.0% 66.0% 63.1% 75.3% 67.3% Pre-K Enrollment (PSIS) 2011-2012 Rate of Chronic Absenteeism (2012-2013) All K - 3 4 - 8 9 - 12 Milford School District 143 Connecticut 11.5% 8.9% 9.0% 16.9% 4-Year Cohort Graduation Rate (2013-2014) Milford School District 12.4% 8.0% 8.3% 21.8% All Female Male Connecticut 87.0% 90.0% 84.0% Milford School District 92.0% 94.0% 89.0% Town Profiles - Page 1 profiles.ctdata.com No representation or warranties, expressed or implied, are given regarding the accuracy of this information. Milford, Connecticut CERC Town Profile 2016 Government Government Form: Mayor - Council Total Revenue (2014) $203,027,000 Total Expenditures (2014) $203,755,000 Annual Debt Service (2014) $12,648,000 Tax Revenue $165,899,000 Education $123,068,000 As % of Expenditures 6.2% Non-tax Revenue $37,128,000 Other $80,687,000 Eq. Net Grand List (2014) $9,443,606,030 Intergovernmental $27,759,000 Total Indebtedness (2014) $154,890,000 Per Capita $176,986 Per Capita Tax (2014) $3,137 As % of Expenditures 76.0% As % of State Average 123.0% As % of State Average 116.2% Per Capita $2,903 Moody's Bond Rating (2014) Aa1 As % of State Average 125.3% Actual Mill Rate (2014) 26.28 Equalized Mill Rate (2014) 17.72 % of Net Grand List Com/Ind (2014) 19.6% Housing/Real Estate Housing Stock (2010-2014) Distribution of House Sales (2013) Town County State Town County State Total Units 22,583 361,726 1,486,995 Less than $100,000 44 1,128 3,417 % Single Unit (2010-2014) 69.0% 53.0% 59.0% $100,000-$199,999 123 2,047 7,522 New Permits Auth (2014) $217 $1,140 $5,329 $200,000-$299,999 211 1,418 6,031 As % Existing Units 1.0% 0.3% 0.4% $300,000-$399,999 132 730 3,380 Demolitions (2014) 38 234 1,240 $400,000 or More 96 535 5,960 Home Sales (2013) 606 5,858 26,310 Median Price $304,200 $250,400 $274,500 Built Pre-1950 share 28.8% 33.4% 29.7% Owner Occupied Dwellings 4,820 206,556 443,163 As % Total Dwellings 22.7% 63.1% 32.7% Subsidized Housing (2014) 1,265 45,148 168,655 Labor Force Place of Residence (2014) Connecticut Commuters (2014) Town County State Commuters Into Town From: Town Residents Commuting To: Labor Force 29,616 455,537 1,885,100 Milford 6,334 Milford 6,334 Employed 27,925 422,625 1,760,400 Bridgeport 2,366 New Haven 2,461 Unemployed 1,691 32,912 124,700 West Haven 2,349 Bridgeport 2,098 Unemployment Rate 5.7% 7.2% 6.6% Stratford 1,524 Stratford 2,000 New Haven 1,475 Shelton 1,163 Place of Work (2014) Shelton 973 Fairfield 930 Town County State Hamden 938 West Haven 816 Units 2,024 23,117 114,608 Total Employment 28,303 359,104 1,653,545 2011-'14 AAGR 31.1% 40.6% 29.5% Mfg Employment 3,198 30,917 159,607 Other Information Crime Rate (2014) Distance to Major Cities Residential Utilities Town State Miles Electric Provider Per 100,000 residents 2,578 2,167 Hartford 42 The United Illuminating Co. (800) 257-0141 Library (2014) New York City 61 Gas Provider Town Providence 94 Circulation per Capita 5.20 Southern Connecticut Gas Company Boston 130 Internet Use per Visit 0.12 (203) 382-8111 Montreal 299 Water Provider South Central CT Regional Water Auth. Families Receiving (2014) (203) 562-4020 Town Cable Provider Temporary Family Assistance (TFA) 72 Cablevisions Systems of Southern CT Population Receiving (2014) (203) 336-2225 Town Supplemental Nutrition Assistance Program (SNAP) 1,565 Town Profiles - Page 2 profiles.ctdata.com No representation or warranties, expressed or implied, are given regarding the accuracy of this information..
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