Milford is a very small borough located in the state of Pennsylvania. With a population of 1,144 people and five associated neighborhoods, Milford is the 809th largest community in Pennsylvania. Much of the housing stock in Milford was built prior to World War II, making it one of the older and more historic boroughs in the country.

Milford real estate is some of the most expensive in Pennsylvania, although Milford house values don't compare to the most expensive real estate in the U.S.

Telecommuters are a relatively large percentage of the workforce: 9.50% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Residents of the borough have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 17.93 minutes getting to work every day.

Milford is one of the most well-educated cities in the nation. 40.92% of adults in Milford have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Milford in 2022 was $46,069, which is wealthy relative to Pennsylvania, and upper middle income relative to the rest of the US. This equates to an annual income of $184,276 for a family of four. However, Milford contains both very wealthy and poor people as well.

Milford is a somewhat ethnically-diverse borough. The people who call Milford home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Milford residents report their race to be White, followed by Asian. Important ancestries of people in Milford include Irish, German, Italian, Polish, and English.

The most common language spoken in Milford is English. Other important languages spoken here include Italian and Polish.