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New Milford, Connecticut Demographics & Population 2026

During the 2020–2024 ACS period, New Milford, Connecticut had a total population of 8,188, the 43rd largest community in Connecticut, with a median household income of $83,235, which is 13% lower than the state average. The poverty rate is 8.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

New Milford Quick Facts

Population 8,188
Median Household Income $83,235
Median Home Value $331,900
Poverty Rate 8.3%
Unemployment Rate 4.9%
Median Age 38.6 years
Homeownership Rate 59.7%
Affordability Ratio 4.0x
Bachelor's Degree or Higher 34.7%
High School Graduation Rate 88.9%
Diversity Index 46/100
Population 8,188 43rd of 214
Median Income $83,235 below average
Poverty Rate 8.3% 33% lower than national
Median Home Value $331,900 below average

How New Milford Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population7,6328,188+7.3%
Median household income$81,170$83,235+2.5%
Median home value$326,200$331,900+1.7%

How New Milford Compares

Economy & Housing

Household Income Distribution

Under $25K 13.9%
$25K-$50K 13.1%
$50K-$100K 32.4%
$100K+ 40.6%
Detailed income brackets
Under $10K
4.1%
$10K-$15K
1.7%
$15K-$20K
0.6%
$20K-$25K
7.5%
$25K-$30K
2.2%
$30K-$35K
2.3%
$35K-$40K
2.9%
$40K-$45K
3.3%
$45K-$50K
2.5%
$50K-$60K
8.3%
$60K-$75K
9.5%
$75K-$100K
14.6%
$100K-$125K
7.6%
$125K-$150K
12.2%
$150K-$200K
11.8%
$200K+
8.9%

Employment

4.9% Unemployment Rate State: 5.6%|National: 5.2%
73.2% Labor Force Participation

Housing Overview

Owner 59.7%
Renter 40.3%
Affordability Index Moderate
4.0x home value to income ratio
Median gross rent $1,483/mo 21.4% of median household income annually

People & Demographics

Diversity Index

46out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 57 | National average: 61

Education

New Milford Rankings in Connecticut

#43 Population of 214
#141 Median Income of 204
#154 Education of 214
#125 Home Value of 205

Cities Similar to New Milford

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Conning Towers-Nautilus Park8,460$81,694$290,10030.3%7.1%
Thompsonville7,927$71,805$241,60024.3%18.7%
Southwood Acres8,115$110,286$267,90037.9%3.3%
Groton9,490$79,577$306,60038.8%18.6%
Oakville9,276$95,515$280,50030.8%2.4%

Population Overview

New Milford is a small city located in Connecticut. The total population is 8,188. It ranks as the 43rd most populous out of 214 Census-designated places in Connecticut.

Age Demographics

The median age in New Milford is 38.6 years. This is 6% lower than the state median of 41.1 years.

Economy, Income & Housing

The median household income in New Milford is $83,235. This is 13% lower than the state median of $95,781. It is also 3% higher than the national median of $80,734. The poverty rate stands at 8.3%. This is 17% lower than the state poverty rate of 10.0%. The unemployment rate is 4.9%. This is 13% lower than the state rate of 5.6%. The median home value is $331,900. Housing costs are 10% lower than the state median of $366,900. The home-value-to-income ratio is 4.0x. 59.7% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 66.5%.

Race & Ethnicity

The largest racial or ethnic group in New Milford is White (non-Hispanic), making up 71.5% of the population. Hispanic or Latino residents account for 14.7%. The Black or African American population (3.8%) is well below the state average of 9.8%.

Education

34.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 18% lower than the state rate of 42.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.9%.

Data Sources & Methodology

All demographic data for New Milford, Connecticut is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Connecticut state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 214 Census-designated places in Connecticut. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of New Milford, Connecticut?

New Milford, Connecticut has a population of 8,188 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Milford, CT?

The median household income in New Milford is $83,235, which is 3% higher than the national median of $80,734.

What is the poverty rate in New Milford, CT?

The poverty rate in New Milford is 8.3%. This means approximately 670 residents live below the federal poverty line.

What is the racial makeup of New Milford, Connecticut?

New Milford's population is 71.5% White, 3.8% Black, 14.7% Hispanic/Latino, and 4.3% Asian.

What is the median home value in New Milford, CT?

The median home value in New Milford is $331,900. The home-value-to-income ratio is 4.0x.

How educated is New Milford, Connecticut?

34.7% of adults (25+) in New Milford hold a bachelor's degree or higher, and 11.2% hold a graduate or professional degree.