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VA area data

Milford, VA

Milford, VA.

Population: 2,290 (Census ACS)

The median home value in Milford, VA is $348,409 — up 6.4% over the past year. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with drought the top-rated hazards. Cost of living is 3.5% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$348,409

Median home value

+6.4%

1-year change

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$348,409
1-year appreciation
+6.4%
3-year appreciation
+12.9%
5-year appreciation
+27.5%
10-year appreciation
+92.0%
All-time peak (2026-07)
$348,409
House Price Index (state)
423.6 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

For-sale inventory
7

Source: recent area sales and market data (ZIP-level)

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1
Schools include
CAROLINE MIDDLE, Bowling Green Elementary, CAROLINE HIGH

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
drought
Notable hazard ratings (county)
drought: Relatively Moderate · earthquake: Relatively Low · heatWave: Relatively Low · hurricane: Relatively Low · lightning: Relatively Low · strongWind: Relatively Low
Wildfire risk to homes (county)
Higher than 29% of US counties
Buildings in wildfire direct-exposure zone
86.8%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
L.A. Clarke & Son (20.4 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
59.0°F
Average high
69.0°F
Average low
48.0°F
Annual precipitation
48.1 in
USDA plant hardiness zone
7b (extreme annual low 5 to 10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
40
Days with Good air quality
224
Days with Moderate air quality
19
Highest AQI recorded (year)
97

Source: EPA air quality data (nearest monitoring station, annual)

Amenities

National parks within ~60 mi
15
Nearest national park
George Washington Birthplace National Monument (23 mi)
National parks include
George Washington Birthplace National Monument, Fredericksburg & Spotsylvania National Military Park, Maggie L Walker National Historic Site
Airports within 30 mi
29
Nearest airport
Mary Walker LZ Airport (APH) (7 mi)
Nearest major airport
Richmond International Airport (RIC) (33 mi)
Hospitals nearby (~15 mi)
1,090
Hospitals include
MIZELL MEMORIAL HOSPITAL, CRENSHAW COMMUNITY HOSPITAL, CRENSHAW COMMUNITY HOSPITAL
Avg hospital rating (CMS)
3.1 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
11
Solar radiation rating
Fair (4.2 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+288 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,971
Housing built before 1970
47.8%
Housing built 2000 or later
16.0%
Median annual property tax
$1,385
Mean commute to work
34 min
Households with broadband internet
43.6%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
4,404
Average weekly wage
$872
Top industries (by employment)
Administrative Services, Accommodation & Food, Other Services
Annual residential building permits (county)
318

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

MilfordState medianUS median
Median home value$348,409$331,625$289,727
Median annual property tax$1,385$1,619$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

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

Common questions

What is the median home value in Milford, VA?
$348,409.
What is the natural-hazard risk in Milford, VA?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: drought.
What is the wildfire risk in Milford, VA?
Risk to homes is higher than 29% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Milford, VA?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Milford, VA?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Milford, VA?
3 schools (1 elementary, 1 middle, 1 high) (NCES, 2022-23).
What is the air quality in Milford, VA?
Good. Median AQI: 40. (EPA AQI).
What is the cost of living in Milford, VA?
Regional Price Parity: 103.5 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Milford

Selling a home in Milford, VA?

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Data last updated

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

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