Milverton, home to 12,041 residents, is the major city of the township of Perth East, situated north of Stratford. From 2001 to 2006, the population had a decrease of 0.6%. As of 2006, the Perth East population of 65 years and older is 1,405. This represents 12% of the total population. The median household income in 2005 was $60,985, which is slightly higher than the Ontario provincial average of $60,455.