Disclosure: This page contains affiliate links marked with (Ad). If you click through and make a purchase, we may earn a commission at no extra cost to you. Learn more

New Milford, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,194
Population
$76,458
Median Income
$132,500
Home Value
32.5
Median Age

Demographics

New Milford has a population of 1,194 with a median age of 32.5. Here is the racial and ethnic breakdown of the population:

White
74.5%
Hispanic
17.0%
Asian
7.0%
Other
0.8%
Black
0.7%
Demographic Value
Total Population1,194
Median Age32.5
White74.5%
Black or African American0.7%
Asian7.0%
Hispanic or Latino17.0%
Other / Two or More Races0.8%
New Milford, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 74.5%Hispanic/Latino: 17.0%Asian: 7.0%Other: 1.5%1,194PopulationWhiteWhite74.5%Hispanic/LatinoHispanic/Latino17.0%AsianAsian7.0%OtherOther1.5%

Income & Economy

The median household income in New Milford is $76,458, which is 5.2% below the national median of $80,610. The per capita income is $31,116. The poverty rate is 20.4%.

$76,458
Median Household Income
$31,116
Per Capita Income
20.4%
Poverty Rate

Advance Your Career in New Milford

Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.

MyPerfectResume · (Ad)
Create an ATS-friendly resume in minutes. Trusted by millions of job seekers.
Build My Resume →
FlexJobs · (Ad)
Access 50,000+ vetted remote, hybrid, and flexible job listings. No ads, no scams.
Find Remote & Flexible Jobs →
ExpertRating · (Ad)
300+ online certifications in Project Management, Six Sigma, IT & more.
Get Certified & Earn More →
Mondly by Pearson · (Ad)
Join 140M+ learners. Master any of 41 languages with bite-sized lessons.
Learn a New Language →

Education

In New Milford, 93.3% of residents age 25+ have a high school diploma or higher, and 9.0% hold a bachelor's degree or higher (0.9% with a graduate or professional degree).

HS Diploma+
93.3%
Bachelor's+
9.0%
Graduate+
0.9%
Education Level % of Adults (25+)
High School Diploma or Higher93.3%
Bachelor's Degree or Higher9.0%
Graduate or Professional Degree0.9%

Housing

The median home value in New Milford is $132,500, below the national median of $303,400. The median monthly rent is $744. The homeownership rate is 91.3%.

$132,500
Median Home Value
$744/mo
Median Rent
91.3%
Homeownership Rate
Housing Metric Value
Median Home Value$132,500
Median Monthly Rent$744
Homeownership Rate91.3%
Vacancy Rate4.3%

Salaries in Illinois

Explore salary data for popular occupations in Illinois:

See all Illinois salaries →

Other Cities in Illinois

See all Illinois cities →

Frequently Asked Questions

What is the population of New Milford, Illinois?
The population of New Milford, Illinois is 1,194 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in New Milford, Illinois?
The median household income in New Milford, Illinois is $76,458. This is 5.2% below the national median of $80,610.
What is the median home value in New Milford, Illinois?
The median home value in New Milford, Illinois is $132,500. The median monthly rent is $744.
What percentage of people in New Milford have a college degree?
In New Milford, Illinois, 9.0% of adults age 25 and older hold a bachelor's degree or higher, and 93.3% have a high school diploma or higher.
Is New Milford, Illinois an affordable place to live?
The home price-to-income ratio in New Milford, Illinois is 1.7x (median home value $132,500 vs. median income $76,458), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

🏠 Thinking About Moving to New Milford?

Find resources to help plan your move, explore homes, and compare insurance rates in Illinois.

Salary Data in Illinois

All Jobs in Illinois Highest Paying Jobs Jobs Over $100K Average Salary

🏘️ Get City & Demographic Insights

Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.

Join Americans who use data to make smarter decisions. Privacy Policy

Share this page: X Facebook LinkedIn