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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 2,753 individual houses, condominiums, and apartments. Approximately 52% of housing in the city is owner-occupied.

Milford Mortgage

At least 59% of home owners in Milford are making mortgage payments. Like 11% 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 Mortgage41%
With A Mortgage59%
First Mortgage Only48%
Second Mortgage or Home Equity Loan11%
Second Mortgage Only4%
Home Equity Loan Only7%

Milford Housing Expenses

CategoryValue
Owner Costs as % of Income17.5%
Median Real Estate Taxes (2000)$586

Milford Household Size

CategoryValue
Total Occupied2,753
1-Person Households30%
2-Person Households31%
3-Person Households19%
4-Person Households11%
5-Person Households6%
6-Person Households3%
7+-Person Households1%

Milford Housing Stock

CategoryValue
Median Year Built1964
Median Year Built (Owner Occupied)1956
Median Year Built (Renter Occupied)1975

Milford Home Heating

CategoryValue
Using Utility Co. Gas Heat1%
Using Bottled/Tank Gas Heat12%
Using Electric Heat19%
Using Oil Heat68%
Using Coal0%
Using Wood Heating1%
Using Solar Heat0%
Other Heating0%
No Heating0%

Milford Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms25%
3 Bedrooms50%
4 Bedrooms17%
5+ Bedrooms5%
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