Milford, Ohio.
Typical home $330,925 (+2.0% in a year), asking rent $1,386 (+5.4%). Cincinnati, OH-KY-IN metro.
Property tax and schools in Milford
Milford’s own tax page → what a home here pays, who charges it, its levies and ballot, and its schools.
Milford is in Clermont County, where its property tax is set. Its homes there are in the Milford Exempted Village school district. Check your own bill.
to buy the typical home at today's mortgage rate — +$944 (+119%) since Jan 2020.
- 1 year
- Up $6,346 +2%
- $324,579$330,925 since Sep 2025
- 5 years
- Up $65,114 +24%
- $265,811$330,925 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$1,737
- Ohio$1,291
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Milford, OH rose 2.0% over the past year — faster than the nation's +1.2%.
Asking rents in Milford, OH rose 5.4% over the past year — faster than the nation's +2.7%.
Owning the typical home in Milford runs $1,051/mo more than renting one. The gap peaked at $1,147 in Jan 2025.
That is $2,437 a month against $1,386 rent: a $1,737 mortgage payment, plus $345 property tax and $354 insurance & upkeep.
Owning vs renting — Milford
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,437
- Renting$1,386
- Mortgage only$1,737
Property tax · $345/mo 1.25% of value a year — the ACS 2020-2024 median bill over the median home value for Clermont County, OH
Insurance & upkeep · $354/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Milford, Clermont County, Ohio
Milford is a city of 6,582 people in Clermont County. Half its households earn more than $78,057 a year and half less, against $85,510 across Clermont County; 10% of its people live below the poverty line. 50% of its homes are lived in by their owners and 50% are rented. Unemployment in Clermont County was 3.5% in August 2026, and the county had 1.4% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
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 Clermont County, Ohio. Household incomes here run below the county's, and about as many homes are rented as are lived in by their owners. Winters are cold, with January the coldest month, and summers are warm, with July the warmest.
Work. Many residents work in schools, hospitals and social care, in shops, in restaurants, hotels and entertainment, and in professional and business services. Walmart, Target and Kroger are among the largest workplaces in the city. Across Clermont County, unemployment is lower than a year earlier, and there are slightly more jobs than there were the year before.
Things to do. The Cincinnati Zoo and Botanical Garden is a longer drive away, as is the Cincinnati Art Museum, which makes for a quieter day indoors. Kings Island, an amusement park, is also a longer drive away. Sports fans can look to Great American Ball Park, a stadium that is likewise a longer drive from town.
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- 3,339households
- 37%of adults have a degree
- 10%below the poverty line
- 20 mintypical commute
- 11%work from home
What residents work in
Employed residents by industry, from the Census survey. Clermont County had 63,011 jobs in 2025, 1.4% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 39° and lows near 22°; warmest in July, with highs near 87° and lows near 64°.
Average daily high and low, 1991–2020, at the Milford weather station, a mile away (NOAA).
Largest workplaces in Milford
- WalmartWarehouse clubs and supercenters279
- TargetDiscount department stores174
- Kroger Cincinnati-Dayton KMASupermarkets and other grocery except convenience stores119
- The Glenny Glass CompanyFlat glass manufacturing108
- The Royal GroupShipping containers, corrugated, made from purchased paper or paperboard89
- TripackGeneral warehousing and storage66
- RallysFullservice restaurant55
- MilfordMail and parcel delivery52
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 10 workplaces with 20 or more staff, 990 people in all. 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
- Strong windRelatively high
- LightningRelatively high
- Inland floodingRelatively high
- Winter weatherRelatively high
- TornadoesRelatively high
- Ice stormsRelatively moderate
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 moderate. 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 Clermont County and the Cincinnati, OH-KY-IN 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$330,925
- Ohio$245,982
- United States$366,157
Sellers are cutting prices on about 1 in 3 Milford listings, and the typical home goes pending in 9 days — the market is roughly in balance.
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
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Milford32.27%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Milford9
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Milford100
New listings per month
Sellers arriving at the market.
- Milford48
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Milford$299,269
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Milford99.32%
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.