Milford, IA's Data
About Milford, IA's
Milford is a small city located in Dickinson County, Iowa, often referred to as the 'Gateway to the Iowa Great Lakes' due to its proximity to this popular recreational region. Established in 1892, Milford has grown around the vibrant tourism industry supported by the nearby lakes. It boasts a rich history linked to the early settlers and has developed a community-focused lifestyle with deep agricultural roots.
Things To Do in Milford, IA
Hike: Here are a couple of local trails to check out!
Local Attractions in Milford, IA
Arnolds Park Amusement Park - A historic amusement park providing family-friendly entertainment since 1889.
Iowa Great Lakes Maritime Museum - Showcases the rich history and culture of the Iowa Great Lakes region.
Okoboji Summer Theatre - Offers live professional theatre performances during the summer season.
Gull Point State Park - A popular spot for camping, hiking, and enjoying natural scenery on the shores of West Okoboji Lake.
Horseshoe Bend Wildlife Area - Ideal for wildlife observation, hunting, and experiencing the local natural environment.
The Economy of Milford, IA
The economy of Milford is heavily influenced by tourism, particularly due to its location near the Iowa Great Lakes which attract numerous visitors annually for boating, fishing, and camping. Local businesses thrive on the seasonal influx of tourists, with retail, hospitality, and service sectors being predominant. Additionally, agriculture continues to play a significant role in the local economy, with corn and soybean farming being prevalent.
Milford, IA Inflation
Understanding the BLS and Inflation in Milford, IA
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Milford, IA. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Milford, IA understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Milford, IA using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Milford, IA when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Milford, IA
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