Milford, Nebraska.
Typical home $317,558 (+8.7% in a year). Lincoln, NE metro.
to buy the typical home at today's mortgage rate — +$933 (+127%) since Jan 2020.
- 1 year
- Up $25,466 +9%
- $292,092$317,558 since Sep 2025
- 5 years
- Up $83,654 +36%
- $233,904$317,558 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Milford$1,667
- Nebraska$1,461
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Milford, NE rose 8.7% over the past year — faster than the nation's +1.2%.
Living in Milford, Seward County, Nebraska
Milford is a city of 2,155 people in Seward County. Half its households earn more than $82,699 a year and half less, against $82,444 across Seward County; 7% of its people live below the poverty line. 60% of its homes are lived in by their owners and 40% are rented. Unemployment in Seward County was 2.6% in August 2026, and the county had 0.2% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Milford is a small city in Seward County, with a population on the younger side and household incomes close to the county's. Most homes are lived in by their owners, though a good share of residents rent. Winters are cold, with snow through the season, and summers turn properly warm, with a fair amount of rain and melted snow across the year.
Work. Residents work mainly in schools, hospitals and social care, manufacturing, shops and the building trades. Across Seward County, some of the largest workplaces are Concordia University-Nebraska, Tenneco and Hughes Brothers. Commutes are short, and few people work from home.
Things to do. The better-known places nearby are all a longer drive away. Memorial Stadium is the big stadium, and the Sheldon Museum of Art is an art museum. For time outdoors there is Salt Creek, a river, and Conestoga Lake, a reservoir.
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- 986households
- 28%of adults have a degree
- 7%below the poverty line
- 19 mintypical commute
- 6%work from home
What residents work in
Employed residents by industry, from the Census survey. Seward County had 6,002 jobs in 2025, 0.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 12°; warmest in July, with highs near 86° and lows near 65°. About 22 inches of snow and 29 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Seward weather station, 9 miles away (NOAA).
Largest workplaces in Seward County
- Concordia University-NebraskaUniversity or college442
- TennecoExhaust systems and parts, automotive, truck, and bus, manufacturing333
- Hughes BrothersStructural wood members, fabricated, manufacturing295
- Seward Public SchoolsSchool district209FTE
- WalmartWarehouse clubs and supercenters199
- Memorial Health Care SystemsCritical access hospital159FTE
- Milford Public SchoolsSchool district127FTE
- Vetter Senior LivingSkilled nursing facilities125
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 13 workplaces with 20 or more staff, 1,400 people in all across the county; Milford has one of its own. Colleges come from IPEDS (NCES, 2023–24), school districts from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailVery high
- Strong windVery high
- TornadoesVery high
- Winter weatherVery high
- Ice stormsRelatively high
- Inland floodingRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Milford’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Seward County and the Lincoln, NE metro.
Milford home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Milford$317,558
- Nebraska$278,299
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Milford5
Zip codes with a Milford address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Milford — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.