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CITY

New Milford

New Jersey · 17,133 residents (2025 est.) · 2.283 sq mi
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Notable rankings
#224Most densely populatedof 4,8917,505
The short version

New Milford is significantly wealthier than the US average, with a median household income of $114,889. Population has held roughly steady since 2000. 47% of adults hold a bachelor's degree or higher. Median home value has more than doubled since 2000, reaching $580,400. Poverty is rare here, at 4.2% of residents. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 39.6
US median: 38.9
More educated
47% hold a bachelor's degree
US average: 36%
Less affordable
home values up 43%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
16,995
+4%since 2000
from 16,400 in 2000
1990 – 2025
Population density
7,444 / sq mi
+4%since 2000
from 7,184 / sq mi in 2000
US average: 281
Median age
39.6
−1%since 2000
from 39.9 in 2000
US average: 38.9

PEP 2025 EST:17,133 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
16K16K16K17K17K1990201020202024New Milford
202417K
1990201020202024
Section 02

Income & economy

Median household income
$114,889
+7%inflation adjusted, since 2000
from $59,118 in 2000
US average: $82,259
1990 – 2024
Per capita income
$51,401
+77%since 2000
from $29,064 in 2000
US average: $44,673
Households earning $100K+
69.1%
+20.1 ptssince 2009
from 49.0% in 2009
US average: 53.3%
Poverty rate
4.2%
+0.8 ptssince 2000
from 3.4% in 2000
US average: 12.5%
Income inequality (Gini)
0.400
−4%since 2010
from 0.414 in 2010
US average: 0.476
Workforce by industry, 2024
Other services9.5%
US avg: 6.7%
Information8.7%
US avg: 10.8%
Public administration8.3%
US avg: 4.8%
Retail trade7.1%
US avg: 9.9%
Wholesale trade6.5%
US avg: 6.9%
Finance & insurance4.3%
US avg: 5.9%
Professional, scientific, technical3.8%
US avg: 5.1%
Transportation & warehousing3.5%
US avg: 2.2%
Arts, entertainment, food2.1%
US avg: 1.9%
Education & health services0.6%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$580,400
+43%inflation adjusted, since 2000
from $222,600 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,765
+27%inflation adjusted, since 2000
from $763 in 2000
US average: $1,442
Owner-occupied
61.4%
−1.8 ptssince 2000
from 63.2% in 2000
38.6% rent
Vacancy rate
2.5%
−0.8 ptssince 2009
from 3.3% in 2009
US average: 10.0%
Owner cost-burdened
33.4%
−9.9 ptssince 2009
from 43.3% in 2009
US average: 22.9%
Renter cost-burdened
50.4%
+4.1 ptssince 2009
from 46.4% in 2009
US average: 47.4%
Afford Score
5.1
+34%since 2000
from 3.8 in 2000
1990 – 2024
Gentrification Score
42
RELATED:See current rent listings in New Milford on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic73.2%(12,008)
Black2.4%(396)
Hispanic / Latino8.1%(1,326)
Asian14.6%(2,402)
Other0%
Diversity Score52.1%(8,536)
2024
White, non-Hispanic48.9%(8,310)
Black5%(849)
Hispanic / Latino20.5%(3,485)
Asian20.3%(3,447)
Other5.3%(904)
Diversity Score84%(14,284)
Diversity Score
84
+61%since 2000
from 52 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
47.4%
+15.0 ptssince 2000
from 32.4% in 2000
US average: 35.6%
High school or higher
94.8%
+7.1 ptssince 2000
from 87.6% in 2000
US average: 89.6%
Graduate degree
15.0%
+3.8 ptssince 2000
from 11.2% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
29.0 min
+28%since 2000
from 22.7 min in 2000
US average: 26.5
Drive alone to work
61.3%
−15.2 ptssince 2009
from 76.5% in 2009
US average: 68.9%
Carpooled to work
10.3%
+1.5 ptssince 2009
from 8.8% in 2009
US average: 8.5%
Public transit
7.5%
−3.6 ptssince 2009
from 11.1% in 2009
US average: 3.2%
Worked from home
16.9%
+15.6 ptssince 2009
from 1.3% in 2009
US average: 15.0%
Walked to work
0.5%
−1.2 ptssince 2009
from 1.7% in 2009
US average: 2.4%
Biked to work
0.3%
+0.3 ptssince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
4.3%
−1.2 ptssince 2009
from 5.6% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.4%
+1.9 ptssince 2011
from 4.6% in 2011
US average: 5.2%
Labor force participation
68.5%
−1.0 ptssince 2011
from 69.5% in 2011
US average: 63.5%
Self-employed
15.9%
Unchangedsince 2009
from 15.9% in 2009
US average: 13.1%
Management & professional
55.5%
−10.5 ptssince 2009
from 66.0% in 2009
US average: 42.5%
Section 08

People & community

Male
48.7%
−1.0 ptssince 2009
from 49.7% in 2009
Female
51.3%
+1.0 ptssince 2009
from 50.3% in 2009
Foreign born
30.1%
−0.8 ptssince 2009
from 30.9% in 2009
US average: 14.1%
Veterans
3.6%
−44.7 ptssince 2009
from 48.3% in 2009
US average: 6.2%
With a disability
9.9%
−0.1 ptssince 2012
from 10.0% in 2012
US average: 13.3%
Uninsured
6.3%
−83.5 ptssince 2013
from 89.8% in 2013
US average: 8.4%
Broadband at home
97.7%
+8.5 ptssince 2017
from 89.2% in 2017
US average: 91.0%
English only at home
56.9%
+0.4 ptssince 2016
from 56.5% in 2016
US average: 77.7%
Spanish at home
15.2%
+0.3 ptssince 2016
from 14.9% in 2016
US average: 13.6%
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NEW MILFORD VS
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NEW MILFORD VS
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NEW MILFORD VS
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Frequently asked

How many people live in New Milford, New Jersey?

New Milford, New Jersey has about 16,995 residents according to the 2024 American Community Survey.

What is the median household income in New Milford, New Jersey?

The typical household in New Milford, New Jersey earns about $114,889 a year. Half of households make more than that, and half make less.

Is New Milford, New Jersey expensive?

In New Milford, New Jersey, the median home is worth about $580,400, and the typical rent is about $1,765 a month.

How educated are people in New Milford, New Jersey?

About 47.4% of adults age 25 and over in New Milford, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in New Milford, New Jersey?

About 4.2% of people in New Milford, New Jersey live below the federal poverty line.

Has New Milford, New Jersey grown since 1990?

Yes, New Milford, New Jersey has grown since 1990. The population has added about 1,005 residents, a change of about 6 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →