New Milford has a population of approximately 16,912 and experiences a population change rate of 3.12%. The population density is 7,407.8 / sq mi .
New Milford has a population of approximately 16,912 and experiences a population change rate of 3.12%. The population density is 7,407.8 / sq mi .
The median household income for New Milford is $98,992, with 6,167 households and an average household size of 2.71.
The median value of a home in New Milford is $519,400 with an appreciation rate of 9.00%. 62.04% of housing in the state is owned while 33.80% is rented.
The cost of living in New Milford is 153 %.
The unemployment rate in New Milford is 2.60%, and recent job growth is at 3.01%. Future job growth is projected at 49.30%.
The sales tax rate in New Milford is 6.63%, while the income tax rate is 5.53% .
School expenditures in New Milford are $24,891, and the school ratio is 12.5:1.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 47.1 inches per year, with 25.5 inches of snow per year.