Milford is a somewhat small coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Delaware. With a population of 12,981 people and five associated neighborhoods, Milford is the eighth largest community in Delaware. Much of the housing stock in Milford was built relatively recently. The construction of new real estate can often be taken as an indication that the local Milford economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Milford, where the median household income is $53,472.00.

Also of interest is that Milford has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.94% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Milford is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.

In terms of college education, Milford is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 29.24% of adults in Milford have a college degree.

The per capita income in Milford in 2018 was $33,823, which is middle income relative to Delaware and the nation. This equates to an annual income of $135,292 for a family of four. However, Milford contains both very wealthy and poor people as well.

Milford is an extremely ethnically-diverse city. The people who call Milford home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Milford residents report their race to be White, followed by Black or African-American. Milford also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.33% of the city’s residents. Important ancestries of people in Milford include Irish, German, Italian, English, and Haitian.

Foreign born people are also an important part of Milford's cultural character, accounting for 18.00% of the city’s population.

The most common language spoken in Milford is English. Other important languages spoken here include Spanish and French.