New Milford is a medium-sized borough located in the state of New Jersey. With a population of 16,678 people and three constituent neighborhoods, New Milford is the 118th largest community in New Jersey.
Housing costs in New Milford are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
New Milford is a decidedly white-collar borough, with fully 86.55% of the workforce employed in white-collar jobs, well above the national average. Overall, New Milford is a borough of professionals, sales and office workers and service providers. There are especially a lot of people living in New Milford who work in office and administrative support (12.55%), sales jobs (11.39%) and teaching (9.20%).
Also of interest is that New Milford has more people living here who work in computers and math than 95% of the places in the US.
New Milford is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, New Milford’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
In New Milford, however, the average commute to work is quite long. On average, people spend 31.24 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Despite being a small borough, New Milford has a lot of people using the bus to get to and from work every day. Most of these people on the bus are using it to get to good jobs in other cities.
The education level of New Milford ranks among the highest in the nation. Of the 25-and-older adult population in New Milford, 40.99% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in New Milford in 2010 was $36,703, which is middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $146,812 for a family of four. However, New Milford contains both very wealthy and poor people as well.
New Milford is a very ethnically-diverse borough. The people who call New Milford home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New Milford residents report their race to be White, followed by Asian. New Milford also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.68% of the borough’s residents. Important ancestries of people in New Milford include Italian, Irish, German, English, Polish and Armenian.
In addition, New Milford has a lot of people living here who were born outside of the US (29.77%).
The languages spoken by people in New Milford are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in New Milford is English. Other important languages spoken here include Spanish, Tagalog, Other Asian languages and Chinese.
|NEW MILFORD INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||6,175|
|NEW MILFORD HOME OWNERSHIP|
|% OWNER OCCUPIED||60.58%|
|% RENTER OCCUPIED||39.42%|
|TYPE OF NEW MILFORD HOMES|
|SINGLE FAMILY DETACHED||60.66%|
|ROWHOUSES AND ATTACHED HOMES||2.09%|
|SMALL APARTMENT BUILDINGS||20.23%|
|COMPLEXES OR HIGH RISE APARTMENTS||16.33%|
|SIZE OF NEW MILFORD HOMES|
|5 OR MORE BEDROOMS||3.79%|
|AGE OF NEW MILFORD HOMES|
|NEWER HOMES (2000 OR LATER)||3.19%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||10.58%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||73.69%|
|HISTORIC (1939 OR BEFORE)||12.54%|
|NEW MILFORD REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$436,109|
|MEDIAN RENTAL PRICE||$1,344|
|HOME VALUE RANGE|
|$0 - $53,000||0.74%|
|$53,001 - $107,000||0.53%|
|$107,001 - $213,000||1.32%|
|$213,001 - $320,000||8.34%|
|$320,001 - $427,000||42.17%|
|$427,001 - $533,000||30.57%|
|$533,001 - $800,000||14.00%|
|$800,001 - $1,067,000||2.05%|
|PEOPLE OF NEW MILFORD||DETAILS|
|UNDER 5 YEARS||4.88%|
|5 TO 17||16.46%|
|18 TO 24||9.66%|
|25 TO 34||9.27%|
|35 TO 54||28.59%|
|55 TO 64||14.57%|
|65 YEARS AND OVER||16.56%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||92.00%|
|MEDIAN HOUSEHOLD INCOME||$75,071|
|PER CAPITA INCOME||$36,703|
|INDIVIDUALS BELOW POVERTY LEVEL||6.04%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (19.02%)
Professional, scientific, and technical services (8.43%)
Information Technology (4.98%)
Public Service (3.50%)
Real estate (3.25%)
|BLACK OR AFRICAN AMERICAN||4.90%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.23%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||6.06%|
|TWO OR MORE RACES||2.66%|
|HISPANIC OR LATINO (OF ANY RACE)||14.68%|
|ETHNICITIES PRESENT||Italian (20.29%)
|LANGUAGES SPOKEN||English (60.88%)
Other Asian languages (3.75%)
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