New Milford, NJ

Census Place

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2024 Population
16,995
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2024 Median Age
39.6
0.253% 1-year increase
2024 Poverty Rate
4.19%
9.46% 1-year decrease
2024 Median Household Income
$114,889
1.21% 1-year growth
2024 Median Property Value
$580,400
4.61% 1-year growth
2024 Employed Population
8,680
2.55% 1-year decline

About

None of the households in New Milford, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

90.4% of the residents in New Milford, NJ are U.S. citizens.

In 2024, the median property value in New Milford, NJ was $580,400, and the homeownership rate was 61.4%.

Most people in New Milford, NJ drove alone to work, and the average commute time was 29 minutes. The average car ownership in New Milford, NJ was 2 cars per household.

United StatesNew JerseyBergen County, NJNew York-Newark-Jersey City, NY-NJ-PABergen County (South Central)--Hackensack & Teaneck PUMA, NJBergen County (North Central)--Bergenfield, Paramus, Dumont & New Milford PUMA, NJBergen County (Central)--Ridgewood Village, Glen Rock & Westwood PUMA, NJ

Population & Diversity

New Milford, NJ is home to a population of 17k people, from which 90.4% are citizens. As of 2024, 30.1% of New Milford, NJ residents were born outside of the country (5.12k people).

In 2024, there were 2.41 times more White (Non-Hispanic) residents (8.31k people) in New Milford, NJ than any other race or ethnicity. There were 3.45k Asian (Non-Hispanic) and 1.58k Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

90.4%
2024 Citizenship
92%
2023 Citizenship

As of 2024, 90.4% of New Milford, NJ residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in New Milford, NJ was 92%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in New Milford, NJ compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in New Milford, NJ
  1. White (Non-Hispanic)
    8.31k ± 678
  2. Asian (Non-Hispanic)
    3.45k ± 698
  3. Two Races Including Other (Hispanic)
    1.58k ± 465
20.5%
Hispanic Population
3.49k people

In 2024, there were 2.41 times more White (Non-Hispanic) residents (8.31k people) in New Milford, NJ than any other race or ethnicity. There were 3.45k Asian (Non-Hispanic) and 1.58k Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

20.5% of the people in New Milford, NJ are hispanic (3.49k people).

The following chart shows the 8 races represented in New Milford, NJ as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.
Most Common Origin
  1. India
    273,706 ± 12,653 people
  2. Dominican Republic
    205,965 ± 11,018 people
  3. Mexico
    107,667 ± 8,009 people

In 2023, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,706 New Jersey residents, followed by Dominican Republic with 205,965 and Mexico with 107,667.

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Foreign-Born Population

30.1%
2024 Foreign-Born Population
5.12k people
30.5%
2023 Foreign-Born Population
5.14k people

As of 2024, 30.1% of New Milford, NJ residents (5.12k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in New Milford, NJ was 30.5%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in New Milford, NJ compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    135 ± 71
  2. Gulf War (2001-)
    101 ± 94
  3. Gulf War (1990s)
    63 ± 71

New Milford, NJ has a large population of military personnel who served in Vietnam, 1.34 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in New Milford, NJ.

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Economy

The economy of New Milford, NJ employs 8.68k people. In 2024, the largest industries in New Milford, NJ were Health Care & Social Assistance (1,432 people), Professional, Scientific, & Technical Services (1,128 people), and Educational Services (780 people), and the highest paying industries were Finance & Insurance ($107,953), Transportation & Warehousing, & Utilities ($88,276), and Information ($87,829).

Employment

Occupations

8.68k
2024 Value
± 684
−2.55%
1 Year decline
± 11.2%

From 2023 to 2024, employment in New Milford, NJ declined at a rate of −2.55%, from 8.91k employees to 8.68k employees.

The most common job groups, by number of people living in New Milford, NJ, are Management Occupations (1,212 people), Office & Administrative Support Occupations (1,126 people), and Business & Financial Operations Occupations (893 people). This chart illustrates the share breakdown of the primary jobs held by residents of New Milford, NJ.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Jersey.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

8.68k
2024 Value
± 684
−2.55%
1 Year decline
± 11.2%

From 2023 to 2024, employment in New Milford, NJ declined at a rate of −2.55%, from 8.91k employees to 8.68k employees.

The most common employment sectors for those who live in New Milford, NJ, are Health Care & Social Assistance (1,432 people), Professional, Scientific, & Technical Services (1,128 people), and Educational Services (780 people). This chart shows the share breakdown of the primary industries for residents of New Milford, NJ, though some of these residents may live in New Milford, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$77,860
Median earning men ± $9,066
$62,378
Median earning women ± $4,529

The industries with the best median earnings for men in 2024 are Public Administration ($119,564), Finance & Insurance, & Real Estate & Rental & Leasing ($112,260), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($93,470).

The industries with the best median earnings for women in 2024 are Transportation & Warehousing, & Utilities ($87,888), Wholesale Trade ($75,172), and Information ($72,692).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.
Y-Axis
2.27%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

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Housing & Living

The median property value in New Milford, NJ was $580,400 in 2024, which is 1.74 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $554,800 to $580,400, a 4.61% increase. The homeownership rate in New Milford, NJ is 61.4%, which is lower than the national average of 65.2%.

People in New Milford, NJ have an average commute time of 29 minutes, and they drove alone to work. Car ownership in New Milford, NJ is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$580,400
Median Property Value 2024
±$17,579
$3,814
Median Property Taxes
±$306

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In New Milford, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in New Milford, NJ compared to it's parent and neighbor geographies.

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Rent vs Own

61.4%
Homeownership
2024
64.5%
Homeowners with Mortgage
2024

In 2024, 61.4% of the housing units in New Milford, NJ were occupied by their owner. This percentage declined from the previous year's rate of 62.7%.

This chart shows the percentage of owner in New Milford, NJ compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$114,889
Median Household Income
± $13,127
6.22k
Number of Households
± 529

In 2024, the median household income of the 6.22k households in New Milford, NJ grew to $114,889 from the previous year's value of $113,513.

The following chart displays the households in New Milford, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Wage Distribution

The closest comparable wage GINI for New Milford, NJ is from New Jersey.
0.486
2023 Wage GINI in New Jersey
0.489
2022 Wage GINI in New Jersey

In 2023, the income inequality in New Jersey was 0.486 according to the GINI calculation of the wage distribution. Income inequality had a 0.709% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.476. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (61.3%)
  2. Worked At Home (16.9%)
  3. Carpooled (10.3%)

In 2024, 61.3% of workers in New Milford, NJ drove alone to work, followed by those who worked at home (16.9%) and those who carpooled to work (10.3%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

29 minutes
Average Travel Time

Using averages, employees in New Milford, NJ have a longer commute time (29 minutes) than the normal US worker (26.4 minutes). Additionally, 3.49% of the workforce in New Milford, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in New Milford, NJ compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in New Milford, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in New Milford, NJ have 2 cars.

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Poverty

Poverty & Diversity

4.19% of the population for whom poverty status is determined in New Milford, NJ (705 out of 16.8k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 75+, followed by Females 55 - 64 and then Females 75+.

The most common racial or ethnic group living below the poverty line in New Milford, NJ is White, followed by Hispanic and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

93.7% of the population of New Milford, NJ has health coverage, with 63.6% on employee plans, 7.45% on Medicaid, 12.1% on Medicare, 10.2% on non-group plans, and 0.273% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 0% change from the previous year (1,279 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 320 patients per year.

By gender, of the total number of insured persons, 48.7% were men and 51.3% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 24.2% under 18 years, 17.7% between 18 and 34 years, 41.9% between 35 and 64 years, and 16.2% over 64 years.

By gender, of the total number of insured persons, 48.7% were men and 51.3% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

6.33%
Uninsured
63.6%
Employer Coverage
7.45%
Medicaid
12.1%
Medicare
10.2%
Non-Group
0.273%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in New Milford, NJ grew by 58.4% from 3.99% to 6.33%.

The following chart shows how the percent of uninsured individuals in New Milford, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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