New Milford, CT
Full City Profile · Connecticut · Naugatuck Valley Planning Region County
New Milford, CT
At a Glance
How New Milford Compares to the U.S. Average
Each bar shows New Milford's value as a percentage of the national average (100% = U.S. avg)
Is New Milford a Good Place to Live?
Economy & Jobs
New Milford residents earn a median household income of $81,170 , which is 8% above the national average of $75,149. Per capita income is $36,531. The unemployment rate stands at 6.2% (72% above the U.S. rate of 3.6%). 8.2% of residents live below the poverty line. The area is home to 13,526 business establishments, including 904 restaurants.
Housing & Cost of Living
The median home value in New Milford is $326,200 , 16% above the national median of $281,900. Zillow estimates the typical home at $473,506. Median rent is $1,422/month, with 28.7% of renters spending more than 30% of income on housing. The cost of living index is 103.6 (100 = national average). The median home was built in 1967.
Safety & Crime
New Milford reports 25 violent crimes per 100,000 residents , which is 94% below the national average of 380/100K. Property crime is 550/100K.
Education
32.8% of adults in New Milford hold a bachelor's degree or higher (3% below the national average). 89.3% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
New Milford has an average annual temperature of 50°F (10°C). Winters average 27°F in January while summers reach 72°F in July. Annual precipitation totals 51.2 inches.