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New Milford, NJ Area and Community Summary Information


Community Summary

New Milford New Jersey
Community Characteristics
Population 16,440 8,831,614
Population Density 7,116 1,136
Educational Climate Index 4
Median Age 40.86 37.31
Median Dwelling Age 47 38
In Current Residence 5+ years 47 % 38 %
Median Home Sale Price $435,000
Average household Income $83,037 $86,040
Median Value of Home Equity $228,002 $215,928
Median Mortgage Debt $502,292 $468,869
Total Household Expenditure 119 121
Total Crime Risk 24 75
Weather Risk 92 99
Air Pollution Index 119 103
Median Travel Time to Work 23.95 23.46
     

Population Characteristics

New Milford New Jersey
Population 16,440 8,831,614
Population Density 7,116 1,136
     
Male Population 7,977 4,311,153
Female Population 8,463 4,520,461
     
Population Change Since 1990 3 % 14 %
Population Change Since 2000 0 % 5 %
     

Age

New Milford New Jersey
Median Age 40.86 37.31
     
Population: Age 0-4 970 581,557
Population: Age 5-9 957 583,684
Population: Age 10-14 995 609,409
Population: Age 15-19 938 613,247
Population: Age 20-24 899 560,477
Population: Age 25-29 849 510,175
Population: Age 30-34 962 541,963
Population: Age 35-39 1,123 626,924
Population: Age 40-44 1,418 704,792
Population: Age 45-49 1,352 712,181
Population: Age 50-54 1,212 635,494
Population: Age 55-59 1,057 545,258
Population: Age 60-64 880 437,373
Population: Age 65-69 674 320,848
Population: Age 70-74 601 254,073
Population: Age 75-79 556 221,637
Population: Age 80-84 485 184,183
Population: Age 85+ 512 188,339
     

Race Distribution

New Milford New Jersey
Race: White 11,832 6,081,636
Race: American Indian, Eskimo, Aleut 13 21,897
Race: Asian or Pacific Islander 3,063 696,313
Race: Other 476 557,950
Race: Hawaiian / Pacific Islander 4 3,858
Race: Black 510 1,162,080
     

Hispanic Distribution

New Milford New Jersey
Population: Hispanic 1,858 1,407,295
Population: Not Hispanic 14,582 7,424,319
     

Education

New Milford New Jersey
Education: Less than 9th Grade 424 289,584
Education: Some High School 637 439,766
Education: High School Graduate 3,346 1,731,752
Education: Some College 1,856 933,688
Education: Associate Degree 751 381,166
Education: Bachelors Degree 2,958 1,340,718
Education: Graduate Degree 1,709 766,566
     

Marital Status

New Milford New Jersey
Never Married 3,354 1,968,191
Now Married 7,524 3,653,265
Separated 513 391,293
Widowed 1,192 514,216
Divorced 935 529,269
     

Households

New Milford New Jersey
Households 6,212 3,171,408
Average Household Size
     
Households: Family 4,103 2,178,614
Households: Non-Family 2,109 992,794
     
Households: With Children 2,292 1,148,009
Households: No Children 3,920 2,023,399
     

Housing Characteristics

New Milford New Jersey
Median Dwelling Age 47 38
Median Home Sale Price $435,000
Average household Income $83,037 $86,040
Median Value of Home Equity $228,002 $215,928
Median Mortgage Debt $502,292 $468,869
     

Home Ownership

New Milford New Jersey
Vacant Dwellings 205 324221
Owner-Occupied Dwellings 4000 2153048
Renter-Occupied Dwellings 2212 1018360
     

Turnover

New Milford New Jersey
In Current Residence 5+ years 47 % 38 %
Annual Residential Turnover 11 % 14 %
     
Median Years in Residence 4.72 3.69
     

Income Characteristics

New Milford New Jersey
Median household income $72,981 $67,430
Average household Income $83,037 $86,040
Per capita income $31,546 $31,741
Median Disposable Income $59,200 $55,581
     

Income Growth

New Milford New Jersey
Change in Avg. Household Income Since 1990 63 % 65 %
Change in Avg. Household Income Since 2000 23 % 21 %
     

Household Income

New Milford New Jersey
Household Income: $0-$10,000 234 193,715
Household Income: $10,000-$15,000 157 103,152
Household Income: $15,000-$20,000 188 123,324
Household Income: $20,000-$25,000 189 129,213
Household Income: $25,000-$30,000 186 130,522
Household Income: $30,000-$35,000 284 124,949
Household Income: $35,000-$40,000 161 119,359
Household Income: $40,000-$45,000 246 131,613
Household Income: $45,000-$50,000 286 121,418
Household Income: $50,000-$60,000 560 255,092
Household Income: $60,000-$75,000 703 314,193
Household Income: $75,000-$100,000 858 449,500
Household Income: $100,000-$125,000 760 316,832
Household Income: $125,000-$150,000 409 205,267
Household Income: $150,000-$200,000 521 205,615
Household Income: $200,000-$250,000 189 77,239
Household Income: $250,000-$500,000 201 97,394
Household Income: $500,000+ 80 73,011
     

Median Income

New Milford New Jersey
Median Income: Age < 25 $49,250 $42,020
Median Income: Age 25-34 $67,604 $62,123
Median Income: Age 35-44 $81,694 $73,449
Median Income: Age 45-54 $85,678 $82,195
Median Income: Age 55-64 $83,333 $75,251
Median Income: Age 65-74 $66,702 $54,152
Median Income: Age 75+ $51,205 $41,057
     

Cost of Living Index

New Milford New Jersey
Total Household Expenditure 119 121
Contributions 129 131
Personal Insurance 127 129
Apparel 120 122
Education 131 132
Entertainment 120 122
Food And Beverages 116 119
Health Care 113 116
Household Furnishings And Equipment 123 125
Shelter 120 122
Household Operations 126 128
Miscellaneous Expenses 117 118
Personal Care 118 120
Reading 120 122
Tobacco 106 110
Transportation 118 119
Utilities 114 116
Gifts 127 129
     
Sales Tax Rate 7 %
     

Financial Characteristics

New Milford New Jersey
Median Household Net Worth $218,815 $197,269
Average Household Net Worth $696,362 $645,594
Median Value of Home Equity $228,002 $215,928
Median Mortgage Debt $502,292 $468,869
     

Net Worth

New Milford New Jersey
Net Worth: $0 or Less 607 326,321
Net Worth: $1-$5,000 685 367,566
Net Worth: $5,000-$10,000 386 200,412
Net Worth: $10,000-$25,000 725 370,210
Net Worth: $25,000-$50,000 826 417,831
Net Worth: $50,000-$100,000 1,054 530,540
Net Worth: $100,000-$250,000 1,306 650,708
Net Worth: $250,000-$500,000 550 268,774
Net Worth: Greater Than $500,000 324 156,229
     

Investments and Debt

New Milford New Jersey
Median Value of Transaction Accounts $36,267 $33,791
Median Value of Certificates of Deposit $8,538 $8,151
Median Value of Savings Bonds $1,355 $1,282
Median Value of Bonds (Not US Savings) $18,451 $16,713
Median Value of Stocks $56,994 $52,134
Median Value of Mutual Funds $44,892 $41,384
Median Value of Retirement Accounts $96,190 $88,868
Median Value of Cash Value Life Ins $8,297 $7,745
Median Value of Other Managed Accounts $22,842 $21,083
Median Value of Other Financial Assets $6,568 $6,061
Median Value of Any Financial Assets $300,394 $277,211
Median Value of Vehicles Owned $21,520 $20,543
Median Value of Investment Property Equity $55,332 $51,094
Median Value of Business Equity $38,582 $35,545
Median Value of Other Non-Financial Assets $151,023 $138,540
Median Value of Any Non-Financial Assets $7,833 $7,220
Median Installment Loan Debt $79,413 $75,190
Median Lines of Credit Debt $11,326 $10,408
Median Credit Card Debt $980 $893
Median Investment Real Estate Debt $9,986 $9,611
Median Other Debt $21,161 $19,775
Median Total Debts $250,759 $233,464
     

Occupation

New Milford New Jersey
     
Occupations: White Collar 2,143 3,366,292
Occupations: Blue Collar 490 802,169
     
Business Counts: Professional Specialty Occupations 565 716,164
Business Counts: Sales Professionals 54 111,188
Business Counts: Technologies and Technicians 76 159,088
Business Counts: Sales Workers and Clerks 217 386,930
Business Counts: Administrative Support 493 838,266
Business Counts: Technical, Sales and Administrative: Field Occupations 12 11,994
Business Counts: Private Household 0 136
Business Counts: Protective Services 52 83,977
Business Counts: Other Services: Site Based 395 499,367
Business Counts: Other Services: Field Based 11 23,417
Business Counts: Farming, Forestry, and Fishing 47 66,954
Business Counts: Precision, Craft, and Repair: Site Based 211 325,694
Business Counts: Construction, Repair and Mining: Field Based 76 107,282
Business Counts: Machine Operators, Assemblers and Inspectors 48 88,476
Business Counts: Transportation Materials Moving Workers 66 118,631
Business Counts: Handlers, Helpers and Laborers 42 95,132
     
Employees: Agricultural, Forestry, Fishing 20 34,345
Employees: Mining 0 1,730
Employees: Construction 105 154,244
Employees: Manufacturing 15 368,914
Employees: Transportation and Communications 56 207,355
Employees: Wholesale Trade 137 246,876
Employees: Retail Trade 589 836,372
Employees: Finance, Insurance and Real Estate 141 308,111
Employees: Services 1,466 1,735,810
Employees: Public Administration 104 274,705
     

Transportation & Commute

New Milford New Jersey
Median Travel Time to Work 23.95 23.46
Transportation to Work: Public 9 % 10 %
Transportation to Work: Drive / Carpool 86 % 84 %
Transportation to Work: Walk / Bike / Other 2 % 4 %
Transportation to Work: Work at Home 3 % 3 %
     

Crime Risk

New Milford New Jersey
Total Crime Risk 24 75
     
Personal Crime Risk 19 80
Murder Risk 25 87
Rape Risk 16 50
Robbery Risk 9 116
Assault Risk 24 67
     
Property Crime Risk 29 73
Burglary Risk 31 70
Larceny Risk 43 70
Motor Vehicle Theft Risk 18 98
     

Temperature & Rain

New Milford New Jersey
Average January High Temperature 38.1 38.93
Average January Low Temperature 23 21.45
Average July High Temperature 85.4 85.21
Average July Low Temperature 64.7 64.29
     
Annual Precipitation 52.15 47.39
     

Weather Risk Index

New Milford New Jersey
Weather Risk 92 99
Earthquake Risk 116 92
Hail Index 55 68
Hurricane Index 107 117
Tornado Index 57 66
Wind Index 217 190
     

Environmental Quality Index

New Milford New Jersey
Air Pollution Index 119 103
Ozone Index 122 108
Carbon Monoxide Index 133 112
Lead Index 107 83
NO2 Index 142 121
Particulate Matter Index 89 90
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
07646
$72,790
Median Value of Home Equity
Zip
1
07646
$227,568
Fastest Growing (change since 2000)
Zip
1
07646
0 %
Longest Commute
Zip
1
07646
23.98
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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