ZIP Code 06461 — Milford city (balance), CT Demographics & Data

ZIP code 06461 covers Milford city (balance), CT in New Haven County with a population of about 15,256.

At a glance, the area shows median age of 45.2 versus a U.S. median of about 38.9.

It sits in telephone area codes 203, 475; U.S. House district CT-3; the HARTFORD & NEW HAVEN media market.

Median household income in ZIP 06461 is about $124,129 — about 65% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 3.8%; unemployment rate near 3.4%; 47.9% of adults with a bachelor’s degree or higher (about 14.1 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Manufacturing; about 15.3% of workers reporting work-from-home (roughly in line with the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $395,800 — about 14% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,735 (about 49% above the U.S. median rent ($1,163)), and owner-occupancy near 88.2% (about 22.8 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 06461 in Milford city (balance), CT, a household would need roughly $109,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,543. That sits below the local median household income ($124,129), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate normals for Milford city (balance), CT show little to no average snow and around 44.1 inches of annual precipitation.

IRS migration statistics show a net inflow of about 842 for ZIP 06461 (Milford city (balance), CT) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.