New Milford village, Illinois Demographics & Population 2026

Population Overview

New Milford village is a small community located in Illinois. The total population is 1,183. It ranks as the 646th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in New Milford village is 33.2 years. This is 15% lower than the state median of 38.9 years.

Economy, Income & Housing

The median household income in New Milford village is $73,125. This is 10% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 7% lower. The poverty rate stands at 19.7%. This is 68% higher than the state poverty rate of 11.7%. The unemployment rate is 7.2%. This is 25% higher than the state rate of 5.8%. The median home value is $130,200. Housing costs are 48% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.8x, New Milford village is one of the most affordable housing markets in the area. 88.6% of occupied housing units are owner-occupied. This homeownership rate is 33% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in New Milford village is White (non-Hispanic), making up 77.9% of the population. Hispanic or Latino residents account for 14.6%. The Black or African American population (1.1%) is well below the state average of 13.6%.

Education

8.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 77% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.6%.

Data Sources & Methodology

All demographic data for New Milford village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.