Economy & Jobs — Milford, Illinois
Income & Employment
| Median Household Income (Census) | $46,827 |
|---|
| Estimated 2026 | ~$51,300 |
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| Per Capita Income | $24,122 |
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| Poverty Rate | 26.8% |
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| Unemployment Rate | 4.2% |
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| In Labor Force | 492 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 24.9% |
| Retail | 12.2% |
| Agriculture | 10.8% |
Local Businesses (County)
| Type | Count |
|---|
| Commercial Banks | 21 |
| Insurance Agencies | 21 |
| Full Service Restaurants | 21 |
| Physician Offices | 20 |
| Fast Food | 15 |
| Bars | 11 |
| Gas Stations | 10 |
| Auto Repair | 9 |
| Grocery Stores | 8 |
| Funeral Homes | 7 |
| Dental Offices | 6 |
| Hotels Motels | 6 |
| Law Offices | 5 |
| Liquor Stores | 4 |
| General Merchandise | 4 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
