Last updated: 2024 BLS data · Page refreshed:
New Milford has a population of 748 with a median age of 37.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 748 |
| Median Age | 37.0 |
| White | 94.0% |
| Hispanic or Latino | 4.0% |
| Other / Two or More Races | 2.0% |
The median household income in New Milford is $56,875, which is 29.4% below the national median of $80,610. The per capita income is $36,716. The poverty rate is 12.3%.
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In New Milford, 87.3% of residents age 25+ have a high school diploma or higher, and 14.3% hold a bachelor's degree or higher (5.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 87.3% |
| Bachelor's Degree or Higher | 14.3% |
| Graduate or Professional Degree | 5.0% |
The median home value in New Milford is $159,900, below the national median of $303,400. The median monthly rent is $850. The homeownership rate is 59.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $159,900 |
| Median Monthly Rent | $850 |
| Homeownership Rate | 59.9% |
| Vacancy Rate | 16.5% |
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