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Milford, NH Utility & Living Guide
Milford is a town in Hillsborough County, New Hampshire, United States, on the Souhegan River. The population was 16,131 at the 2020 census, up from 15,115 at the 2010 census. It is the retail and manufacturing center of a multi-town area known informally as the Souhegan Valley.
Monthly Utility Costs
$150/mo
$80/mo
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1400/mo |
| 2 Bedrooms | $1800/mo |
| 3 Bedrooms | $2400/mo |
| Median Home Price | $340,000 |
| Property Tax Rate | 1.8% |
| Avg Childcare/mo | $1200 |
The housing market in Milford is competitive, with a mix of older and newer homes available. The town has seen steady growth in recent years, with many young families and professionals moving to the area. Rentals are also available, but can be scarce, especially in the summer months.
Cost of Living
118
+10% above national average
105
92
102
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Property Tax Rate | 1.8% |
| <p>State 0% + No county tax + No city tax, but subject to state and local property taxes</p> | |
New Hampshire has no state income tax, but taxes dividends and interest income at 5%
Family & Relocation
60
7.2/10
$1200/mo
City Pulse
Milford has a limited public transportation system, but the town is relatively walkable and bikeable, with some stroller-friendly sidewalks and parks.
- Milford Drive-In
- Hampshire Hills Sports and Fitness Center
- Silver Lake State Park
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Milford based on your household profile.
📰 Live Local News
Milford has zoning regulations and historic district ordinances to preserve the town’s character and charm.
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
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📊 Milford — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Milford can fluctuate significantly by season, with higher electricity costs in the summer due to air conditioning and higher gas costs in the winter due to heating. Residents can expect to pay around 20-30% more for utilities during the peak summer and winter months.
🏛️ Local Tax Details
The town of Milford has a property tax rate of $24.15 per $1,000 of assessed value, with no local surtaxes.
👶 Family & Stroller Friendliness
6/10, due to the presence of some stroller-friendly sidewalks and parks, but also some areas with limited accessibility and uneven terrain.
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