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Housing market/New Hampshire/ZIP 03055

ACS 2023 · FY2027 SAFMR

ZIP 03055 Milford, Hillsborough County, New Hampshire

Hillsborough County, NH (part) HUD Metro FMR Area · New Hampshire. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
16,258
Households
6,441
Median HH income
$94,514
Renter share
35.6%
Median gross rent
$1,569
Vacancy
3.8%
Pop. change
+5.0%
2BR SAFMR
$2,120
SAFMR / rent
1.351×
2–49 unit stock
2,336
LIHTC proj / units
3 / 208
HUD assisted MF
3 / 90

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 03055 · NH — sent to you.

ZIP 03055 · NH

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ACS rent vs 2BR SAFMR

ZIP 03055 — Milford, NH HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,569
2BR SAFMR$2,120
90% floor$1,908
110% ceiling$2,332

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 03055

  • 1-unit detached3,32949.7%
  • 1-unit attached4606.9%
  • 2–4 units1,29319.3%
  • 5–49 units1,04315.6%
  • 50+ units2023.0%
  • Mobile3655.5%
TypeUnitsShare
1-unit detached3,32949.7%
1-unit attached4606.9%
2 units (duplex)6199.2%
3–4 units67410.1%
5–9 units1922.9%
10–19 units1412.1%
20–49 units71010.6%
50+ units2023.0%
Mobile3655.5%

2–4 unit share 19.3% · 5–49 unit share 15.6% · combined 2–49 34.9%.

Units by bedrooms

Studio
174
1BR
858
2BR
2,115
3BR
2,430
4BR
921
5+
194

Rent burden

Rent ≥30% of income42.8%
Rent ≥50% of income17.7%
  • ACS median gross rent $1,569 (all bedrooms, occupied rentals).
  • Median contract rent $1,366.
  • Renters paying ≥30% of income 42.8%; ≥50% 17.7%.
  • FY2027 2BR SAFMR $2,120 (1.351× ACS median gross rent).

Population

16,258 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +5.0%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 3 projects, 208 units.
  • HUD project-based assisted MF: 3 properties, 90 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 188 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 03055 35.6% of occupied households are renters; vacancy is 3.8%; ACS median gross rent is $1,569; population increased +5.0% between the 2018 and 2023 ACS vintages; the housing stock includes 1,293 units in 2–4-unit structures and 1,043 units in 5–49-unit structures; 3 LIHTC projects totaling 208 units; FY2027 2BR SAFMR is $2,120 versus ACS median gross rent of $1,569. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

New Hampshire research

ZIP 03055 is a Census / HUD profile for Hillsborough County, NH (part), NH. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 03055 — Milford, NH HUD Section 8 Payment Standards / SAFMR·New Hampshire ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
03043Hillsborough County, NH (part) HUD Metro FMR Area4.5%$1,385$2,00003047Hillsborough County, NH (part) HUD Metro FMR Area16.9%$1,174$1,65003057Hillsborough County, NH (part) HUD Metro FMR Area7.1%$1,206$2,16003070Hillsborough County, NH (part) HUD Metro FMR Area10.1%$1,140$1,92003071Hillsborough County, NH (part) HUD Metro FMR Area13.6%$896$1,92003082Hillsborough County, NH (part) HUD Metro FMR Area6.8%$1,702$2,33003084Hillsborough County, NH (part) HUD Metro FMR Area20.2%$1,108$1,98003086Hillsborough County, NH (part) HUD Metro FMR Area23.6%$1,389$1,92003281Hillsborough County, NH (part) HUD Metro FMR Area5.9%$1,418$2,14003440Hillsborough County, NH (part) HUD Metro FMR Area19.3%$1,057$1,55003442Hillsborough County, NH (part) HUD Metro FMR Area32.0%$1,132$1,78003449Hillsborough County, NH (part) HUD Metro FMR Area14.4%$982$1,620

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is New Hampshire research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 03055?

ZIP 03055 (Hillsborough County, NH (part) HUD Metro FMR Area) has 16,258 residents, 6,441 households, a renter share of 35.6%, median household income of $94,514, and ACS 2023 median gross rent of $1,569. Vacancy is 3.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 03055?

ACS counts 619 units in 2-unit buildings, 674 in 3–4 unit buildings, 192 in 5–9, 141 in 10–19, and 710 in 20–49. Combined 2–49 unit stock is 2,336 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 03055?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,120. See the full schedule and 90–110% payment-standard band on the ZIP 03055 — Milford, NH HUD Section 8 Payment Standards / SAFMR.

Does this New Hampshire ZIP profile include Georgia listings?

No. ZIP 03055 is Census / HUD research for Hillsborough County, NH (part) HUD Metro FMR Area. Jeff Crowe CRE does not list New Hampshire property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.