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Demographic Analysis of Milford, Ohio (ZIP 45150): Predominantly White Population with Slow Diversification
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
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Demographics
Population
Median Income
Racial Distributions
The zip code 45150 in Milford, Ohio, is categorized as an area of "Low Diversity" with a "White Majority" as of 2022. The community has a population of 34,529 and a median household income of $84,421. This suburban area has maintained a predominantly white demographic over the past decade, with minimal representation from other racial groups.
Throughout the analyzed period (2013-2022), Milford has consistently fallen under the "Low Diversity" category, with the white population comprising over 90% of residents. There are subtle shifts indicating a slow trend towards increased diversity. The white population decreased from 93% in 2013 to 91% in 2022. The Black population increased from 1% to 3%. The Hispanic population remained stable at 2%. The Asian population fluctuated between 0-2%. The population of two or more races increased from 0% to 2%.
The median household income in Milford has shown a significant upward trend. In 2013, it was $71,275. By 2017, it increased to $74,118 (4% increase). In 2022, it reached $84,421 (18.4% increase from 2013). This substantial increase in median income suggests strong economic growth in the area. Population growth has been steady but modest, increasing from 32,529 in 2013 to 34,529 in 2022, a 6.1% increase over nine years.
Milford appears to be changing at a much slower rate compared to national trends of increasing diversity in many suburban areas. The persistence of a strong white majority (91% in 2022) is notably higher than the national average, which was around 60% white in 2020.
The economic growth in Milford is impressive, outpacing national median household income growth. The U.S. median household income grew from about $52,250 in 2013 to $70,784 in 2021, a 35.4% increase. Milford's median income in 2022 ($84,421) is significantly higher than the national average, indicating a relatively affluent community.
The slow demographic changes coupled with strong economic growth suggest that Milford may be an attractive destination for high-income residents, potentially including a small but growing number of minority professionals. However, the persistence of low diversity could indicate barriers to entry for minority groups, whether economic, social, or structural.
Milford shows signs of gradual diversification and strong economic growth, yet remains a predominantly white, affluent suburb with only nascent signs of the demographic shifts seen more dramatically in other parts of the country. The community's evolution will be interesting to watch in the coming years to see if these trends accelerate or if the area maintains its current demographic composition.
