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New Milford, IL

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

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Community Insights

High Incomes
$89k/year
top 26% nationally
Leading Industries
Finance & Insurance · Retail · Information & Media
9% finance & insurance
Home Value Growth⬆⬆
+19.1% over 2 years
Family-Friendly
22% of residents
Homeowners
92% of occupied units

People & Demographics

Total Population763
Households
Under 18
22.0%
Age 18–34
21.0%
Age 35–64
37.0%
Age 65+
20.0%
Veterans
7.0%
Active Duty
0.0%

Housing & Living

Median Home Value$200,974
Median Gross Rent$962/mo
Owner Occupied
91.7%
Renter Occupied
8.3%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$88,518
Poverty Rate

Key Industries

Healthcare7.0%
Professional Services0.0%
Manufacturing0.0%
Retail21.0%
Education1.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities53 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
17.0%
Master's or Higher
9.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of New Milford?

The total population of New Milford is approximately 763. 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 53/100 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 92% of housing units being owner-occupied and 8% being renter-occupied.

What is the education level of residents in New Milford?

In New Milford, approximately 17% of adult residents hold a bachelor's degree or higher. Additionally, 9% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.