Median Household Income
$114,889 ± $13,127
Median Home Value
$580,400 ± $17,579
Median Gross Rent
$1,765 ± $44/mo
Per Capita Income
$51,401
Poverty Rate
4.2%
Unemployment Rate
6.4%
Homeownership Rate
61.4%
Bachelor's Degree or Higher
47.4%
Median Age
39.6
Average Commute
24 min
Households
6,216
Veterans
472
Population Over Time
New Milford grew 2.9% from 2014 to 2024.
2014
16,524
2016
16,682
2018
16,578
2020
16,477
2022
16,888
2024
16,995
Population by Race & Ethnicity
White
51.1%
Hispanic or Latino
20.5%
Black or African American
5.7%
Asian
20.3%
Nearby Cities in New Jersey
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.