Last updated: 2024 BLS data · Page refreshed:
New Milford has a population of 8,188 with a median age of 38.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 8,188 |
| Median Age | 38.6 |
| White | 74.4% |
| Black or African American | 3.8% |
| Asian | 4.3% |
| Hispanic or Latino | 14.7% |
| Other / Two or More Races | 2.8% |
The median household income in New Milford is $83,235, which is 3.3% above the national median of $80,610. The per capita income is $36,822. The poverty rate is 8.4%.
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In New Milford, 88.9% of residents age 25+ have a high school diploma or higher, and 34.7% hold a bachelor's degree or higher (11.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.9% |
| Bachelor's Degree or Higher | 34.7% |
| Graduate or Professional Degree | 11.2% |
The median home value in New Milford is $331,900, above the national median of $303,400. The median monthly rent is $1,483. The homeownership rate is 59.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $331,900 |
| Median Monthly Rent | $1,483 |
| Homeownership Rate | 59.7% |
| Vacancy Rate | 5.9% |
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