Local business climate is sun
A profile of the two towns in the Amherst and Milford Business Retention and Expansion Program report shows that Milford’s population grew faster than Amherst’s, 4 percent compared with nearly 12 percent, from 2000-10. That trend is expected to continue.
By 2040, Amherst is expected to have only 6.45 percent more people, about 11,973, while Milford is estimated to grow by 12.59 percent, up to 17,292.
Both towns show an aging population, with 12 percent of Amherst residents and 11.88 percent of Milford residents being 65 and older. Only 6 percent of Amherst and 11 percent of Milford residents are 25-34.
Both communities have a well-educated population, with nearly everyone having a high school diploma; 24 percent of Amherst residents and more than 11 percent of Milford residents having graduate or professional degrees.
– KATHY CLEVELAND