Climate Risk Summary

Milford city (balance), CT Risk Profile

The primary drivers of climate-related financial risk in Milford city (balance), CT are Inland Flooding, Hurricane, and Coastal Flooding.

City-Wide Aggregation

These scores represent the population-weighted average across all residential blocks in Milford city (balance).

Primary Risks

Inland Flooding

$9,677,037

Expected Annual Loss for Milford city (balance)

50.3Score

Relatively High compared to US average

Milford city (balance)
Minimal Estimated LossMax Estimated Loss

Hurricane

$3,886,608

Expected Annual Loss for Milford city (balance)

85.1Score

Relatively Moderate compared to US average

Milford city (balance)
Minimal Estimated LossMax Estimated Loss

Coastal Flooding

$3,171,520

Expected Annual Loss for Milford city (balance)

92.4Score

Relatively High compared to US average

Milford city (balance)
Minimal Estimated LossMax Estimated Loss

City Boundary

Legend
Very Low
Low
Moderate
High
Very High
Extreme

Financial Risk Inventory

MAJOR DRIVER
Inland Flooding
$9,677,037
Score: 50.3
MAJOR DRIVER
Hurricane
$3,886,608
Score: 85.1
MAJOR DRIVER
Coastal Flooding
$3,171,520
Score: 92.4
Earthquake
$590,546
Score: 54.2
Tornado
$267,218
Score: 29.4
Heat Wave
$166,844
Score: 15.5
Strong Wind
$158,145
Score: 37.8
Cold Wave
$154,607
Score: 24.6
Ice Storm
$137,284
Score: 62.7
Lightning
$112,914
Score: 38.1
Winter Weather
$35,618
Score: 48.2
Hail
$8,987
Score: 15.6
Wildfire
$683
Score: 25.6
Landslide
$52
Score: 44.0

Recommended investments to protect your property value and reduce insurance liability based on your local risk profile.

💧Medium Investment

Inland Flooding Mitigation

Install a smart sump pump with battery backup and extend downspouts 10ft from foundation.

Risk Score: 50.3
🌀High Investment

Hurricane Mitigation

Install permanent hurricane shutters or upgrade to impact-resistant windows.

Risk Score: 85.1
🏠Low Investment

Coastal Flooding Mitigation

General property maintenance and insurance review recommended.

Risk Score: 92.4
🏠Low Investment

Earthquake Mitigation

General property maintenance and insurance review recommended.

Risk Score: 54.2
❄️Medium Investment

Ice Storm Mitigation

Install a 10kWh backup battery system to keep pipes from freezing during grid failure.

Risk Score: 62.7

Sources and Methodology

Spatial Aggregation

Our "Atlas" risk scores are derived using a population-weighted spatial join. Because US Zip Codes and Census Tracts do not share perfectly aligned boundaries, a simple geographic average would be misleading. We utilize US Census Block Group population statistics to identify where residents actually live within a Zip Code. We then intersect these points with FEMA National Risk Index (NRI) hazard data to calculate a weighted exposure score.

Financial Projections (EAL)

Expected Annual Loss (EAL) estimates the average economic impact of natural hazards in dollars per year. This calculation incorporates three components: Exposure (the value of structures and agriculture), Annualized Frequency (historical probability), and Historic Loss Ratio (vulnerability of the area).

Primary Data Sources

Nearby Cities

DerbyLordshipOrangeOronoqueShelton

Zip Codes in Milford city (balance)

0646006461
Climate Risk Analysis for Milford city (balance), CT