US > Pennsylvania > Bucks County > Milford Square, PA

Milford Square, PA Profile: Facts & Data

Advertisement

Milford Square Local Links & Resources:
Resources | ALL Milford Square Content
Planning to visit Milford Square? See Local Hotels

Also See: Quakertown, PA ZIP Codes & ZIP Code Maps | Local Area Photos

Milford Square, Pennsylvania - Basic Facts

The Milford Square Census Designated Place had a population of 949 as of July 1, 2020.

The primary coordinate point for Milford Square is located at latitude 40.437 and longitude -75.3988 in Bucks County. The formal boundaries for the Milford Square Census Designated Place encompass a land area of 0.92 sq. miles and a water area of 0 sq. miles. Bucks County is in the Eastern time zone (GMT -5). The elevation is 502 feet.

The Milford Square Census Designated Place (GNIS ID: 2633665) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Milford Square Census Designated Place is located within Township of Milford, a minor civil division (MCD) of Bucks County.


Advertisement

Milford Square, PA Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 949 (100%)
Population in Households 929 (97.9%)
Population in Families 826 (87.0%)
Population in Group Quarters1 20 ( 2.1%)
Population Density 1,031
Diversity Index2 17
 
 

INCOME

Median Household Income $103,821
Average Household Income $130,142
% of Income for Mortgage4 13%
Per Capita Income $47,358
Wealth Index5 191
 

HOUSING

Total HU (Housing Units) 358 (100%)
Owner Occupied HU 315 (88.0%)
Renter Occupied HU 38 (10.6%)
Vacant Housing Units 5 ( 1.4%)
Median Home Value $329,670
Average Home Value $351,108
Housing Affordability Index3 194
 

HOUSEHOLDS

Total Households 353
Average Household Size 2.63
Family Households 276
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population 0.55% 2.14%
Households 0.63% 2.74%
Families 1.29% 2.61%
Median Household Income   0.57%
Per Capita Income   2.04%
Owner Occupied HU   0.5%

Advertisement

Milford Square, PA - Peer Comparisons by Rank and Percentile

The table below compares Milford Square to the other 1,761 incorporated cities, towns and CDPs in Pennsylvania by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 1002 43rd
Population Density # 1055 40th
Median Household Income # 56 97th
Housing Affordability Index # 772 44th
Per Capita Income # 98 94th
Diversity Index # 742 58th

Additional comparisons and rankings can be made with a VERY EASY TO USE Pennsylvania Census Data Comparison Tool.

Milford Square, PA - Most Popular Things to Do

Also See: Nearby Photos | Nearby Hotels | Driving Directions

Use HTL Address Research for a Pennsylvania Address and get...

Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2020, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


Quick & Easy Ways to...

  1. Get Current Demographic Data for Cities, Towns, and ZIP Codes
  2. View Boundary Maps, for Cities, Towns, and ZIP Codes
  3. Locate Physical, Cultural, and Historical Features

Pennsylvania Census Data Comparison Tool

Compare Pennsylvania July 1, 2020 Data
Data:
Locations:
Highest or Lowest:
Results:

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Pennsylvania COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.


View ALL Milford Square Content

COVID-19 Statistics and Data


Bucks County


Advertisement

Quakertown Jobs


Advertisement
Advertisement

Home | Research Tools | About HTL | Advertise Here | References | Legal | Privacy | Contact | Advertiser Login
Copyright © 2020 HTL, Inc. All Rights Reserved.
Website Design by Blue Tangerine
Last Updated: 7/28/20 8:11 AM