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IL area data

Milford, IL

Milford, IL.

Population: 2,075 (Census ACS)

Home values & appreciation

Median home value
$121,989
1-year appreciation
+3.2%
3-year appreciation
+14.5%
5-year appreciation
+13.3%
10-year appreciation
+42.4%
All-time peak (2026-03)
$123,540
House Price Index
325.3 (+6.1% YoY)

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coldWave, inlandFlooding

Climate (30-year normals)

Average annual temperature
52.0°F
Average high
62.0°F
Average low
43.0°F
Annual precipitation
42.1 in

Amenities

Nearest airport
Dietchweiler Airport (5 mi)
Nearest major airport
Greater Kankakee Airport (IKK) (24 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-70 tax filers

Housing stock

Median year housing built
1,963
Median annual property tax
$2,269
Mean commute to work
24 min
Households with broadband internet
57.7%

Employment & development

Total county employment
5,855
Average weekly wage
$936
Top industries (by employment)
Wholesale Trade, Accommodation & Food, Construction
Annual residential building permits (county)
8

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents