New Milford vs Newark
| New Milford | Newark | |
|---|---|---|
| Population | 16,888 | 307,355 |
| Median Household Income | $114,889 | $52,060 |
| Median Home Value | $580,400 | $373,700 |
| Median Gross Rent | $1,765/mo | $1,392/mo |
| Homeownership Rate | 61.4% | 24.4% |
| Unemployment Rate | 6.4% | 11.6% |
| Bachelor's Degree or Higher | 47.4% | 19.7% |
| Median Age | 39.6 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.