New Milford, CT Profile: Facts & Data

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New Milford, Connecticut - Basic Facts

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The New Milford CDP(1) had a population of 6,312 as of July 1, 2021.

The primary coordinate point for New Milford is located at latitude 41.577 and longitude -73.4085 in Litchfield County. The formal boundaries for the New Milford Census Designated Place encompass a land area of 3.38 sq. miles and a water area of 0.03 sq. miles. Litchfield County is in the Eastern time zone (GMT -5). The elevation is 233 feet.

The New Milford Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The New Milford Census Designated Place is located within Town of New Milford, a minor civil division (MCD) of Litchfield County.

Alternate Unofficial Names for New Milford: Weantinock.

  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

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  1. New Milford 2021 Demographic Data
  2. Growth Rates for New Milford (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Connecticut Research Tools (Easy Tools & Current Data)
  3. Connecticut Data Comparison Tool - 2021 Demographics
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New Milford, CT Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 6,312 (100%)
Population in Households 6,225 (98.6%)
Population in Families 4,695 (74.4%)
Population in Group Quarters1 87 ( 1.4%)
Population Density 1,853
Diversity Index2 49
 
 

INCOME

Median Household Income $58,933
Average Household Income $77,595
% of Income for Mortgage4 17%
Per Capita Income $32,840
Wealth Index5 64
 

HOUSING

Total HU (Housing Units) 3,165 (100%)
Owner Occupied HU 1,622 (51.2%)
Renter Occupied HU 1,142 (36.1%)
Vacant Housing Units 400 (12.6%)
Median Home Value $235,812
Average Home Value $257,337
Housing Affordability Index3 129
 

HOUSEHOLDS

Total Households 2,765
Average Household Size 2.25
Family Households 1,604
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population -0.3% -0.56%
Households -0.18% -0.5%
Families 0.22% -0.59%
Median Household Income   0.67%
Per Capita Income   1.54%
Owner Occupied HU   -0.26%

New Milford, CT - Peer Comparisons by Rank and Percentile

The table below compares New Milford to the other 143 incorporated cities, towns and CDPs in Connecticut by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 53 64th
Population Density # 53 64th
Median Household Income # 109 24th
Housing Affordability Index # 62 43rd
Per Capita Income # 111 23rd
Diversity Index # 41 72nd

Additional comparisons and rankings can be made with a VERY EASY TO USE Connecticut Census Data Comparison Tool.

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