Right Now
Active Weather Alerts
0
Population & People
Population
7,095
Median age
38.6
Median household income
$83,235
Poverty rate
8.4%
Unemployment rate
4.9%
Bachelor's degree+
34.7%
Avg. commute
22 min
Hispanic or Latino
14.7%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$331,900
Median gross rent
$1,483/mo
Homeownership rate
59.65%
HUD FMR — 2 bedroom
$1,901
HUD Fair Market Rent (Connecticut statewide average across 169 areas — not specific to New Milford), 2026. Efficiency $1314, 1BR $1538, 2BR $1901, 3BR $2348, 4BR $2741. This is a different official figure from Census median gross rent above.
Energy
Connecticut commercial electricity
23.11¢/kWh
Connecticut industrial electricity
18.35¢/kWh
Connecticut residential electricity
29.38¢/kWh
Economy
Gross Domestic Product: All Industry Total
376455
Real Gross Domestic Product: All Industry Total
293002.8
All-Transactions House Price Index for Connecticut
736.5
Unemployment Rate
5.2%
Source: FRED, Connecticut-specific series.