Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.8 yrs |
|---|---|
| Avg HH Size | 2.66 |
| Below Poverty | 7.6% ▼ 24% below avg |
| College Grads | 48.5% ▲ 25% above avg |
| Unemployment | 8.9% ▲ 82% above avg |
| No HS Diploma | 31 (0.2%) |
| HS Graduate | 4,912 (27.4%) |
| Some College | 1,601 (8.9%) |
| Associates | 2,667 (14.9%) |
| Bachelors | 1,325 (7.4%) |
| Graduate Degree | 7,365 (41.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $102,240 ▲ 34% above avg |
|---|---|
| Median Home Value | $380,800 ▲ 37% above avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $1,598/mo |
| Total Housing Units | 11,120 |
| Vacant Units | 1,017 |
Income Distribution
How People Get to Work
Commute Time
Year Built
New Milford is a city in Connecticut, located in Western Connecticut County. The city spans 1 ZIP code and is home to approximately 27,133 residents. It is a middle-aged city, with a median age of 41.8 years.
Economically, New Milford is a upper-middle-income community. The median household income of $102,240 is above the national average. Approximately 7.6% of residents live below the poverty line. The unemployment rate is 8.9%, significantly above the national average.
The real estate market in New Milford is a mid-range housing market. Median home values stand at $380,800, which is above the national average. Renters typically pay around $1,598 per month. Homeownership is high at 80.6%, typical of suburban and family-oriented communities.
The population of New Milford is well-educated. 48.5% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (77.15%).
New Milford, CT offers residents above-average earning potential within Connecticut.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 06776 | 27,133 | $102,240 | $380,800 | $1,598 | 8.9% | 48.5% | 80.6% |