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Milford Mortgage Quotes And Real Estate Information


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Milford Mortgage and Real Estate Facts

Overview

House hunters in Milford will find an estimated 20,133 individual houses, condominiums, and apartments. Approximately 78% of housing in the city is owner-occupied.

Milford Mortgage

At least 72% of home owners in Milford are making mortgage payments. Like 18% of homeowners in the city, you might also use your home's equity with a second mortgage or home equity loan.

Mortgage and interest rate quotes for the Milford area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Milford Mortgage Statistics

CategoryValue
Homes With No Mortgage28%
With A Mortgage72%
First Mortgage Only53%
Second Mortgage or Home Equity Loan18%
Second Mortgage Only7%
Home Equity Loan Only11%

Milford Housing Expenses

CategoryValue
Owner Costs as % of Income20.8%
Median Real Estate Taxes (2000)$3,117

Milford Household Size

CategoryValue
Total Occupied20,133
1-Person Households26%
2-Person Households34%
3-Person Households17%
4-Person Households14%
5-Person Households6%
6-Person Households2%
7+-Person Households1%

Milford Housing Stock

CategoryValue
Median Year Built1960
Median Year Built (Owner Occupied)1959
Median Year Built (Renter Occupied)1963

Milford Home Heating

CategoryValue
Using Utility Co. Gas Heat46%
Using Bottled/Tank Gas Heat1%
Using Electric Heat4%
Using Oil Heat49%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Milford Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom6%
2 Bedrooms21%
3 Bedrooms51%
4 Bedrooms19%
5+ Bedrooms3%
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