ZIP Code 01757 — Milford CDP, MA Demographics & Data

ZIP code 01757 covers Milford, MA in Worcester County with a population of about 30,473.

At a glance, the area shows median age of 39.1 (near the U.S. median).

It sits in telephone area codes 508, 774; U.S. House district MA-4; the BOSTON (MANCHESTER) media market.

Median household income in ZIP 01757 is about $92,951 — about 24% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 8.3%; unemployment rate near 4.8%; 33.9% of adults with a bachelor’s degree or higher (roughly in line with the national share (33.7%)).

Labor and commute patterns include leading industry context around Construction, Healthcare, and Retail trade; about 13.4% of workers reporting work-from-home (about 1.8 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $444,100 — about 28% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,424 (about 22% above the U.S. median rent ($1,163)), and owner-occupancy near 68.4% (about 3.0 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 01757 in Milford, MA, a household would need roughly $122,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,853. That is about 31% above the local median household income ($92,951), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Milford CDP, MA as Relatively Moderate (composite score 93.5), which is among the highest nationally. The strongest component scores on US5 are hurricane (96.6) and flood (95.3). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Milford CDP, MA show little to no average snow and around 50.4 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,438 for ZIP 01757 (Milford CDP, MA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.