Milford, VA Utility & Living Guide

⚡ Featured Deal

Essentials for Your New Home

🛒 Shop This Deal Now

As an Amazon Associate I earn from qualifying purchases.

Tier 3 Location

Milford, VA Utility & Living Guide

Living in Milford, VA offers a tranquil small-town experience with easy access to outdoor recreation and a strong sense of community.

Last updated: September 9, 2026
Total Utilities$258/mo
1BR Rent$1100/mo
Sales Tax5.3%
COL Index98 (-2% below national average)
Family Score7/10
Median Home$280,000
📷 Live Cameras — Milford
Live camera
Live · refreshing...
🌤️ Live Weather — Milford
Loading weather...
Milford is experiencing a surge in new businesses and developments, driven by its strategic location and growing population. The local economy is expected to continue growing, with a focus on industries such as healthcare and technology.
⚠️ Natural Hazard History — Milford
Loading hazard data...
💼 Calculate Your Future Retirement Income

Moving Your Assets to Milford?

Moving to Milford? Find out how much retirement income you could generate based on your current savings, age, and goals. Calculate Your Retirement Income → Free · Takes 2 minutes · No personal data required
💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$128/mo

Dominion Energy
🔥 Gas

N/A - Electric only
💧 Water

$42/mo

Caroline County Public Utilities
🗑️ Garbage

$28/mo

Caroline County Waste Management
📶 Internet

$60/mo

Combined Average Overhead$258/month

Housing Market

Rent & Property
1 Bedroom$1100/mo
2 Bedrooms$1400/mo
3 Bedrooms$1900/mo
Median Home Price$280,000
Property Tax Rate0.85%
Avg Childcare/mo$900

The housing market in Milford is characterized by a mix of older and newer homes, with a moderate supply of rentals available. Home prices have been steadily increasing over the past few years, but remain relatively affordable compared to other areas in the region. New developments are being built to accommodate the growing population.

Cost of Living

Overall COL Index

98

US national avg = 100
vs National Avg

-2% below national average

Groceries

95

Transportation

88

Healthcare

105

Childcare/mo

$900

Tax Rates

Tax Overview
Total Sales Tax5.3%
Property Tax Rate0.85%
<p>State 4.3% + County 1%</p>

Virginia has a progressive state income tax with rates ranging from 2% to 5.75%

Family & Relocation

Family Vibe Score
7/10
Safety Index

55

Higher = safer
School Rating

7.2/10

GreatSchools avg
Avg Childcare

$900/mo

City Pulse

Population Trend
+10% (growing)
Political Climate
Purple description, with a mix of Democratic and Republican voters
Business Momentum
Moderate, with key industries including healthcare, education, and retail
Top Local Concerns
Traffic, education, public safety
🚌 Transit for Families

Public transit options are limited in Milford, but the town is relatively walkable and bikeable, with some sidewalks and crosswalks

🎡 Top Kid Attractions
  • 🎯
    Caroline County Recreation Center
  • 🎯
    Milford Park
  • 🎯
    Lake Caroline

Best Neighborhoods for Families

The downtown area and surrounding neighborhoods offer a charming small-town feel, with tree-lined streets and historic homes. The Lake Caroline area is also popular for its waterfront views and outdoor recreation opportunities.

Household Budget Calculator

Estimate your real monthly cost of living in Milford based on your household profile.

📰 Live Local News

Residents are subject to Caroline County ordinances, including zoning regulations and noise restrictions

Financial Tools

Calculators
Planning Tools

Find Another City Guide

Search by city name or ZIP code to find utility costs, housing data and cost of living guides.

📊 Milford — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Utility costs in Milford tend to be higher in the summer months due to air conditioning usage, with average electric bills increasing by 15-20% from June to August. In the winter, heating costs are relatively moderate, with natural gas not being widely used in the area.

🏛️ Local Tax Details

The ZIP code 22514 has a property tax millage rate of 0.85, with no local surtaxes

👶 Family & Stroller Friendliness

6, with explanation: Milford has some sidewalks and crosswalks, but they can be uneven and limited in some areas. Park access is good, with several playgrounds and green spaces available, but elevator access in transit is not always available.

📰 Latest VA Stories
Virginia Living Report — July 27, 2026

Virginia Living Report — July 27, 2026

With a population of roughly 8.6 million residents, Virginia stands as a state of stark contrasts: where the...

Read more →
Virginia Living Report — July 26, 2026

Virginia Living Report — July 26, 2026

With a population of over 8.6 million and a median age of 38.7, Virginia occupies a unique middle...

Read more →
Virginia Living Report — July 25, 2026

Virginia Living Report — July 25, 2026

Virginia has steadily grown into one of the most sought-after destinations in the Mid-Atlantic, drawing a mix of...

Read more →
Virginia Living Report — July 24, 2026

Virginia Living Report — July 24, 2026

Finding the right place to call home is an exercise in balancing lifestyle with logistics. For those considering...

Read more →
Amazon

Get your home essentials, storage, and moving supplies delivered.

Shop Moving Essentials

As an Amazon Associate I earn from qualifying purchases.