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New Milford, Pennsylvania Demographics & Population 2026

During the 2020–2024 ACS period, New Milford, Pennsylvania had a total population of 748, the 1139th largest borough in Pennsylvania, with a median household income of $56,875, which is 27% lower than the state average. The poverty rate is 12.3%.

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

Key Takeaways

New Milford Quick Facts

Population 748
Median Household Income $56,875
Median Home Value $159,900
Poverty Rate 12.3%
Unemployment Rate 15.2%
Median Age 37.0 years
Homeownership Rate 59.9%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 14.3%
High School Graduation Rate 87.3%
Diversity Index 13/100
Population 748 1139th of 1,991
Median Income $56,875 bottom 30%
Poverty Rate 12.3% 1% lower than national
Median Home Value $159,900 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
Population695748+7.6%
Median household income$51,250$56,875+11.0%
Median home value$162,500$159,900-1.6%

How New Milford Compares

Economy & Housing

Household Income Distribution

Under $25K 14.4%
$25K-$50K 31.1%
$50K-$100K 31.8%
$100K+ 22.7%
Detailed income brackets
Under $10K
0.7%
$10K-$15K
4.0%
$15K-$20K
9.0%
$20K-$25K
0.7%
$25K-$30K
2.7%
$30K-$35K
5.0%
$35K-$40K
11.7%
$40K-$45K
5.0%
$45K-$50K
6.7%
$50K-$60K
9.0%
$60K-$75K
8.0%
$75K-$100K
14.7%
$100K-$125K
4.0%
$125K-$150K
7.0%
$150K-$200K
4.7%
$200K+
7.0%

Employment

15.2% Unemployment Rate State: 5.3%|National: 5.2%
63.1% Labor Force Participation

Housing Overview

Owner 59.9%
Renter 40.1%
Affordability Index Very Affordable
2.8x home value to income ratio
Median gross rent $850/mo 17.9% of median household income annually

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 45 | National average: 61

Education

New Milford Rankings in Pennsylvania

#1139 Population of 1,991
#1334 Median Income of 1,854
#1468 Education of 1,987
#1091 Home Value of 1,871

Other Cities in Susquehanna County

CityPopulationMedian IncomePovertyHome Value
Forest City 1,770 $57,404 16.9% $143,900
Montrose 1,512 $53,269 24.6% $168,400
Susquehanna Depot 1,297 $54,500 24.2% $82,700
Hallstead 1,217 $50,833 15.0% $128,200
Lanesboro 669 $35,000 15.6% $112,200
Great Bend 581 $46,071 11.4% $160,900
Oakland 527 $54,625 20.4% $95,600
Thompson 327 $58,393 30.0% $158,300
Hop Bottom 291 $66,875 15.8% $116,600
Little Meadows 239 $57,500 13.0% $185,400

Cities Similar to New Milford

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
New Kingstown748N/A$342,60033.2%24.5%
Yukon750N/A$120,1009.6%12.0%
Gratz745N/A$147,3008.2%25.0%
Dixonville756N/A$91,30011.8%6.3%
Conneautville748$54,375$98,8007.8%33.5%

A note before these figures: with a population of 748, New Milford's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

New Milford is a small community located in Pennsylvania, within Susquehanna County. The total population is 748. It ranks as the 1139th most populous out of 1,991 Census-designated places in Pennsylvania.

Age Demographics

The median age in New Milford is 37.0 years. This is 10% lower than the state median of 40.9 years.

Economy, Income & Housing

The median household income in New Milford is $56,875. This is 27% lower than the state median of $77,971. It is also 30% lower than the national median of $80,734. The poverty rate stands at 12.3%. This is 5% higher than the state poverty rate of 11.7%. The unemployment rate is 15.2%. This is 189% higher than the state rate of 5.3%. The median home value is $159,900. Housing costs are 37% lower than the state median of $254,500. With a home-value-to-income ratio of just 2.8x, New Milford is one of the most affordable housing markets in the area. 59.9% of occupied housing units are owner-occupied. This homeownership rate is 14% lower than the state average of 69.3%.

Race & Ethnicity

New Milford has a predominantly White (non-Hispanic) population, comprising 93.0% of all residents. Hispanic or Latino residents account for 4.0%. The Hispanic or Latino population (4.0%) is well below the state average of 8.7%.

Education

14.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% lower than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.3%.

Data Sources & Methodology

All demographic data for New Milford, Pennsylvania 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 Pennsylvania state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,991 Census-designated places in Pennsylvania. 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, Pennsylvania?

New Milford, Pennsylvania has a population of 748 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in New Milford is $56,875, which is 30% lower than the national median of $80,734.

What is the poverty rate in New Milford, PA?

The poverty rate in New Milford is 12.3%. This means approximately 92 residents live below the federal poverty line.

What is the racial makeup of New Milford, Pennsylvania?

New Milford's population is 93.0% White, 0.0% Black, 4.0% Hispanic/Latino, and 0.0% Asian.

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

The median home value in New Milford is $159,900. The home-value-to-income ratio is 2.8x.

How educated is New Milford, Pennsylvania?

14.3% of adults (25+) in New Milford hold a bachelor's degree or higher, and 5.0% hold a graduate or professional degree.