The 06460 ZIP Code is primarily associated with Milford, CT in New Haven County in the United States. The current population estimate is 38,959. Approximately 3% of the population lives below the poverty line, while the median househould income sits at $88,085. The median age in 06460 is estimated to at 45.4 years, and about 24.1% of residents are aged 62 years and older. An estimated 94.9% in this Connecticut region have a high school degree or higher, while the per capita income comes in at approximately $50,438.
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The median household income in ZIP Code 06460 is $88,085, while the region's mean household income is $114,953. Breaking income down further, per capita income in the region is $50,438. The per capita income in ZIP Code 06460 of $50,438 is approximately 13.35% more than the per capita income in Connecticut overall of $44,496. An estimated 3.2% of the population is living below the poverty line in this region. This rate is approximately 66.32% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 21.2% of the population in 06460 earn $100,000 to $149,999 per year, while an estimated 14.2% earn $50,000 to $74,999 per year, and 2.4% of 06460 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 3.7% |
| $10,000 to $14,999 per year | 2.4% |
| $15,000 to $24,999 per year | 7.0% |
| $25,000 to $34,999 per year | 5.5% |
| $35,000 to $49,999 per year | 10.0% |
| $50,000 to $74,999 per year | 14.2% |
| $75,000 to $99,999 per year | 13.6% |
| $100,000 to $149,999 per year | 21.2% |
| $150,000 to $199,999 per year | 9.9% |
| $200,000 or more per year | 12.5% |
In ZIP Code 06460, 94.9% of the population graduated high school, while 43.4% have a bachelor's degree or higher. In this region, 1.2% achieved an education level less than 9th grade, while 19.4% hold a graduate or professional degree. Approximately 25.4% in this New Haven County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 1.2% |
| 9th to 12th grade, no diploma | 3.8% |
| High school graduate (includes equivalency) | 25.4% |
| Some college, no degree | 18.2% |
| Associate's degree | 7.9% |
| Bachelor's degree | 24.0% |
| Graduate or professional degree | 19.4% |
Looking at race in the population that makes up ZIP Code 06460, 97.7% is one race, while 2.3% are two or more races. Approximately 5.9% of 06460 residents are hispanic or Latino (of any race). The most common race in 06460 (race alone or in combination with one or more other races), is White (89.9%), followed by Asian (6.7%) .
| Industry | Percent |
|---|---|
| White | 89.9% |
| Black or African American | 4.0% |
| American Indian and Alaska Native | 0.6% |
| Asian | 6.7% |
| Native Hawaiian and Other Pacific Islander | 0.1% |
| Some other race | 1.0% |
In ZIP Code 06460, 87.1% of the population lists "English only" as the language spoken in home, while 3.5% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 6.0% of homes, and other Indo-European languages are spoken in 2.5% of homes. Lastly, 0.8% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this New Haven County region.
| Language Spoken | Percent |
|---|---|
| English only | 87.1% |
| Spanish | 3.5% |
| Other Indo-European languages | 6.0% |
| Asian and Pacific Islander languages | 2.5% |
| Other languages | 0.8% |
The median home value in ZIP Code 06460 in February 2024 comes in at $470,441. The February 2024 value is approximately 3% higher than the $455,106 median value in September 2023, and 12% higher than the $419,610 median value in March 2023. Regarding the age of homes in ZIP Code 06460, an estimated 23.4% of homes were built in 1939 or earlier. Additionally, 18.7% of homes in the region were built between 1950 and 1959, while an estimated 1.3% of homes were built in 2014 or later in this New Haven County region.
| Month | Home value |
|---|---|
| Feb 2024 | $470,441 |
| Jan 2024 | $468,514 |
| Dec 2023 | $467,157 |
| Nov 2023 | $464,766 |
| Oct 2023 | $460,760 |
| Sep 2023 | $455,106 |
| Aug 2023 | $447,788 |
| Jul 2023 | $440,732 |
| Jun 2023 | $434,444 |
| May 2023 | $429,069 |
| Apr 2023 | $424,236 |
| Mar 2023 | $419,610 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 1.3% |
| Built between 2010 and 2013 | 1.9% |
| Built between 2000 and 2009 | 6.4% |
| Built between 1990 and 1999 | 6.2% |
| Built between 1980 and 1989 | 8.6% |
| Built between 1970 and 1979 | 11.0% |
| Built between 1960 and 1969 | 12.6% |
| Built between 1950 and 1959 | 18.7% |
| Built between 1940 and 1949 | 10.0% |
| Built in 1939 or earlier | 23.4% |
Residents of ZIP Code 06460 are older than average. The median age of 45.4 years in ZIP Code 06460 is approximately 19.16% higher than the overall median age in the U.S. of 38.1 years. About 83.9% of residents are aged 18 years and older, and 24.1% of residents are 62 years and over. Approximately 14.5% of the population in 06460 falls in the age group 25 to 34 years, while an estimated 14.0% are aged 45 to 54 years. On the low end of the scale, 1.9% of 06460 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 4.9% |
| 5 to 9 years | 3.6% |
| 10 to 14 years | 4.3% |
| 15 to 19 years | 5.3% |
| 20 to 24 years | 4.9% |
| 25 to 34 years | 14.5% |
| 35 to 44 years | 12.0% |
| 45 to 54 years | 14.0% |
| 55 to 59 years | 9.4% |
| 60 to 64 years | 7.9% |
| 65 to 74 years | 11.2% |
| 75 to 84 years | 6.0% |
| 85 years and over | 1.9% |
One of the leading chronic health issues in ZIP Code 06460 is high cholesterol, as an estimated 34.3% of adults aged 18 and older deal with this issue. Another chronic health issue of concern for residents of 06460 is high blood pressure, as approximately 29.4% of adults 18 and older in this New Haven County region contend with that issue.
| Health Issue | Percent of adults* |
|---|---|
| Arthritis | 24.1% |
| High blood pressure | 29.4% |
| Cancer (excluding skin cancer) | 7.4% |
| Current asthma | 10.3% |
| Coronary heart disease | 4.9% |
| Diagnosed diabetes | 8.3% |
| High cholesterol | 34.3% |
| Chronic kidney disease | 2.7% |
| Stroke | 2.6% |
One of the top preventative health measures in ZIP Code 06460 is current access to health insurance, as an estimated 94.9% of adults 18 and older take part in this preventive measure. Additionally, 90.3% of those 18 and above in 06460 list cholesterol screening, as a preventive measure. Common health risk behaviors in 06460 include sleeping less than 7 hours (33.4% of adults aged 18 and above) and obesity (28.3% of those 18 and older).
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 94.9% |
| Taking medicine for high blood pressure control | 78.0% |
| Visits to doctor for routine checkup | 75.4% |
| Cholesterol screening | 90.3% |
| Visits to dentist or dental clinic | 75.9% |
| Risk Behavior | Percent of adults* |
|---|---|
| Binge drinking | 15.7% |
| Current smoking | 12.9% |
| No leisure-time physical activity | 20.2% |
| Obesity | 28.3% |
| Sleeping less than 7 hours | 33.4% |
Regarding solar power potential, ZIP Code 06460 has an average daily solar radiation level of 4.7 kWh/m2/day. This is approximately 14.08% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 28.68% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 06460 | 15.9¢/kWh | 8.57¢/kWh | 7.26¢/kWh |
| Connecticut | 29.52¢/kWh | 20.85¢/kWh | 16.97¢/kWh |
| United States | 16.1¢/kWh | 12.81¢/kWh | 7.81¢/kWh |
| Month | ZIP Code 06460 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.35 | 1.9 | 5.84 |
| Feb | 4.38 | 3 | 6.31 |
| Mar | 4.65 | 3.65 | 7.02 |
| Apr | 5.28 | 5.13 | 7.3 |
| May | 5.39 | 5.17 | 7.13 |
| Jun | 5.56 | 5.72 | 6.95 |
| Jul | 5.81 | 6.22 | 6.51 |
| Aug | 5.67 | 6.08 | 6.65 |
| Sep | 5.57 | 5.15 | 7.02 |
| Oct | 4.38 | 3.32 | 6.92 |
| Nov | 3.69 | 2.33 | 5.99 |
| Dec | 2.67 | 1.78 | 5.46 |
In 06460, 66.7% of the population is in the labor force. Recent estimates place 4.7% as working from home, while the total labor force in the region has a mean travel to time to work of 28.7 minutes. Approximately 28.3% of the employed population 16 years and over in 06460 work in educational services, and health care and social assistance, while an estimated 13.0% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.2% of 06460 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.2% |
| Construction | 5.0% |
| Manufacturing | 12.9% |
| Wholesale trade | 3.2% |
| Retail trade | 10.1% |
| Transportation and warehousing, and utilities | 4.0% |
| Information | 2.3% |
| Finance and insurance, and real estate and rental and leasing | 6.9% |
| Professional, scientific, management, and administrative | 13.0% |
| Educational services, and health care and social assistance | 28.3% |
| Arts, entertainment, and recreation, and accommodation and food services | 5.5% |
| Other services, except public administration | 4.6% |
| Public administration | 4.0% |
Regarding consumer complaints about financial products in ZIP Code 06460, credit reporting or credit repair services have received the most complaints in 06460 in the past 12 months. Credit reporting or other personal consumer reports received the second most complaints. The most frequent complaint overall in this New Haven County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 66 |
| Credit reporting or other personal consumer reports | 63 |
| Debt collection | 26 |
| Checking or savings account | 15 |
| Credit card or prepaid card | 14 |
| Other | 27 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 91 |
| Improper use of your report | 25 |
| Problem with a credit reporting company's investigation | 11 |
| Attempts to collect debt not owed | 9 |
| Trouble during payment process | 9 |
| Other | 66 |