Cost of Living & Housing in Milford

Milford's cost of living runs genuinely, notably HIGHER than every other market in this project's same five-market Pennsylvania Tier C batch -- a real, disclosed second-home-market housing premium, paired with Pennsylvania's simple flat state income tax.

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A real, disclosed housing-price premium, not affordability

Milford's own median housing figures ran approximately $427,000-$474,000 -- well above both Pike County's own typical home value (approximately $255,346) and the Pennsylvania statewide average of approximately $294,099. This is a genuine, disclosed distinction from every other market in this same batch (base record).

Pike County's property tax rate is the highest among this batch, though near the state average

Pike County's effective property tax rate ran approximately 1.30% -- the highest among Punxsutawney, Uniontown, Washington, Somerset, and Milford, all built in this same pass, though still near or modestly below the Pennsylvania statewide average of approximately 1.36% (base record).

Pennsylvania's flat 3.07% state income tax, plus Berkheimer locally

Pennsylvania's income tax is a real, current flat 3.07% statewide. Milford's local Earned Income Tax is collected by Berkheimer Tax Administrator, the Pike County Tax Collection District's Act 32 collector -- confirm the current combined municipal-plus-school-district rate directly, unverified this pass (base record).

A real, genuine second-home-and-NYC-adjacent price driver

Pike County is genuinely considered part of the New York metropolitan area, and Milford's own real, distinctive Delaware River resort-town setting supports a genuine second-home-market price premium over the surrounding county (base record).

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.