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New Milford, NJ

Comprehensive demographics, housing data, local amenities, and economic statistics for New Milford.

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Community Insights

Highly Educated
31% hold a bachelor's degree
top 7% nationally
High Incomes
$121k/year
top 9% nationally
Leading Industries
Arts, Food & Hospitality · Healthcare · Transportation
13% arts, food & hospitality
Home Value Growth⬆⬆
+20.6% over 2 years
Young Adults
29% of residents
slightly above average
Homeowners
61% of occupied units

People & Demographics

Total Population16,995
Households—
Under 18
22.0%
Age 18–34
29.0%
Age 35–64
32.0%
Age 65+
17.0%
Veterans
4.0%
Active Duty
0.0%

Housing & Living

Median Home Value$583,400
Median Gross Rent$2,207/mo
Owner Occupied
61.4%
Renter Occupied
38.6%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$120,772
Poverty Rate—

Key Industries

Healthcare16.0%
Professional Services2.0%
Manufacturing0.0%
Retail8.0%
Education1.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities62 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
31.0%
Master's or Higher
10.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of New Milford?›

The total population of New Milford is approximately 16,995. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is New Milford walkable and transit-friendly?›

Based on local geographic data, New Milford has an amenity and walkability score of 62/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in New Milford?›

The housing market in New Milford is predominantly driven by homeowners, with 61% of housing units being owner-occupied and 39% being renter-occupied.

What is the education level of residents in New Milford?›

In New Milford, approximately 31% of adult residents hold a bachelor's degree or higher. Additionally, 10% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.