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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.
Monthly Utility Costs
$128/mo
—
$42/mo
$28/mo
$60/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1100/mo |
| 2 Bedrooms | $1400/mo |
| 3 Bedrooms | $1900/mo |
| Median Home Price | $280,000 |
| Property Tax Rate | 0.85% |
| 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
98
-2% below national average
95
88
105
$900
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.3% |
| Property Tax Rate | 0.85% |
| <p>State 4.3% + County 1%</p> | |
Virginia has a progressive state income tax with rates ranging from 2% to 5.75%
Family & Relocation
55
7.2/10
$900/mo
City Pulse
Public transit options are limited in Milford, but the town is relatively walkable and bikeable, with some sidewalks and crosswalks
- Caroline County Recreation Center
- Milford Park
- Lake Caroline
Best Neighborhoods for Families
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
- 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 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.
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