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New Milford, IL

Full City Profile · Illinois · Winnebago County County

2.8 /5.0
C+ Fair
1,183 Population 437/sq mi density
$73,125 Median Income $31,801 per capita
$130,200 Home Value $123,397 Zillow
$750 Median Rent 10.7% income on rent
49°F Avg Temperature 260 sunny days/yr
1,235 Violent Crime/100K 4,279 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$73,125 median income, 5.1% unemployment
A+
Affordability
5.0 / 5.0
$130,200 home value, $750/mo rent
F
Safety
1.0 / 5.0
1,235 violent crimes/100K (225% above avg)
D
Education
1.7 / 5.0
8.5% bachelor's degree or higher

Housing Overview

Median Home Value
$130,200
54% below
US avg: $281,900
Median Rent
$750/mo
36% below
US avg: $1,163/mo
Homeownership Rate
88.6%
35% above US avg (65.4%)
Total Housing Units
488
Median year built: 1981

Home Value by Source

Census Median
$130,200
Zillow (ZHVI)
$123,397
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.6%
Owner-Occupied
11.4%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $750/mo

Affordability & Housing Stock

Rent Burden
10.7%
of renters spending 30%+ of income on housing
65% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
88.6%

Complete Housing Data

Home Values

Census Median Value$130,200
Zillow Home Value (ZHVI)$123,397

Rent

Census Median Rent$750
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Ownership & Stock

Owner-Occupied88.6%
Renter-Occupied11.4%
Homeownership Rate88.6%
Total Housing Units488
Median Year Built1981
Rent Burden10.7%