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
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-Occupied | 88.6% |
| Renter-Occupied | 11.4% |
| Homeownership Rate | 88.6% |
| Total Housing Units | 488 |
| Median Year Built | 1981 |
| Rent Burden | 10.7% |
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