Economy & Jobs — Milford, Iowa
Income & Employment
| Median Household Income (Census) | $63,369 |
|---|
| Estimated 2026 | ~$69,000 |
|---|
| Per Capita Income | $40,300 |
|---|
| Poverty Rate | 8.9% |
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| Unemployment Rate | 4.2% |
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| In Labor Force | 1,909 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 30.0% |
| Retail | 15.3% |
| Manufacturing | 12.1% |
Local Businesses (County)
| Type | Count |
|---|
| Full Service Restaurants | 34 |
| Fast Food | 25 |
| Real Estate Offices | 22 |
| Insurance Agencies | 18 |
| Gas Stations | 17 |
| Hotels Motels | 16 |
| Commercial Banks | 15 |
| Chiropractors | 12 |
| Bars | 12 |
| Law Offices | 11 |
| Coffee Shops | 11 |
| Auto Repair | 7 |
| Physician Offices | 7 |
| Fitness Centers | 7 |
| Dental Offices | 6 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
