[1] (2001 Census: 301 people) The village is mostly within the townland of Kennedies, which was historically called Kennedus (1657) and Ballycennadus (1609).
The name Milford or Millford comes from a large corn mill, the remains of which stand on Maggy's Burn at the bottom of the steep main street of the village.
It was the linen industry of the 19th century, which resulted in Milford growing up around the mill built on the River Callan by William McCrum in 1808.
In the 20th century, a decline in the overall importance of the linen industry led to economic stagnation of this once thriving community, where the mill was the main source of local employment.
In the summer of 2005 another estate is being built on one of a number of fields which is locally believed to have been the site of the original football pitch where Mr McCrum had some of his workforce practice the original penalty kicks.