Town of New Milford, CT

What sets New Milford apart from other similarly sized towns is its vibrant Town Center, which boasts a strong independent retail and restaurant scene. In Western Connecticut’s Litchfield County, New Milford offers numerous exciting business opportunities, convenient access to global markets, and superior quality of life. Our residents are diverse, active, friendly, and they fully embrace the Town’s exceptional features, including Candlewood Lake, the Housatonic River, and our expansive parks and forests.

“New Milford  has a multitude of cultural resources and opportunities that further add to the reason why our residents, visitors and businesses enjoy a quality of life unparalleled in our area” – Alexander “Oley” Carp, Chairman, The Corporation for New Milford Economic Development

The Town is well-positioned for sustainable and innovative growth in the following sectors:

  • Retail
  • Hospitality
  • Healthcare and assisted living
  • Professional, scientific, and technical services
  • Light manufacturing
  • Film and digital media

Contact the Office of Economic Development for more information.

Population

Total Population

27,611

Population
Growth Rate

-0.06%

Median Age

45

Diversity Index

52.700

Source: ESRI, 2026-09-09

Housing & Income

Households

11,112

Total Housing Units

11,856


Owner Occupied

8,669

Renter Occupied

2,443

Vacant

744

Median Home Value

$424,535


Average Home Value

$539,438

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

2.37%

Income Projection

Median Household

$108,439 $120,332


Average Household

$142,163 $157,722


Per Capita

$57,406 $64,529

Source: ESRI, 2026-09-09

Workforce

Total Businesses

1,413

Total Employed

11,197

Workers 16+

14,612

2026 HealthCare / Social Assistance

cp-industries

Businesses

129

Employed

1,738

2026 Retail Trade Businesses

cp-industries

Businesses

179

Employed

1,709

2026 Manufacturing Businesses

cp-industries

Businesses

74

Employed

1,418

2026 Educational Services - Businesses

cp-industries

Businesses

37

Employed

1,036

2026 Prof / Scientific / Tech Service

cp-industries

Businesses

123

Employed

974

2026 Accommodation / Food Service

cp-industries

Businesses

80

Employed

896

Some
High School

807

Graduated
High School

5,060

Associates
Degree

1,793

Bachelor's
Degree

5,306

Graduate
Degree

3,170

Average Commute Time

0 min.



Resident Commuters

10,837

Non-Resident Commuters

2,493

Drive Alone

10,168

Carpooled

1,646

Public

170

Work At Home

2,204

Source: ESRI, 2026-09-09