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

27,539

Population
Growth Rate

-0.32%

Median Age

45

Diversity Index

51.900

Source: ESRI, 2025-09-30

Housing & Income

Households

10,994

Total Housing Units

11,814


Owner Occupied

8,531

Renter Occupied

2,463

Vacant

820

Median Home Value

$421,603


Average Home Value

$532,846

Income
Growth Rate

Median
Household Income

0.00%


Per Capita Income

2.01%

Income Projection

Median Household

$101,906 $109,345


Average Household

$131,782 $144,254


Per Capita

$52,685 $58,209

Source: ESRI, 2025-09-30

Workforce

Total Businesses

1,400

Total Employed

11,532

Workers 16+

14,417

2025 HealthCare / Social Assistance

cp-industries

Businesses

135

Employed

2,113

2025 Retail Trade Businesses

cp-industries

Businesses

176

Employed

1,763

2025 Manufacturing Businesses

cp-industries

Businesses

72

Employed

1,411

2025 Educational Services - Businesses

cp-industries

Businesses

36

Employed

1,094

2025 Accommodation / Food Service

cp-industries

Businesses

81

Employed

944

2025 Other Service excl Pub Admin

cp-industries

Businesses

199

Employed

734

Some
High School

746

Graduated
High School

5,088

Associates
Degree

1,592

Bachelor's
Degree

5,133

Graduate
Degree

3,511

Average Commute Time

0 min.



Resident Commuters

10,189

Non-Resident Commuters

2,801

Drive Alone

10,454

Carpooled

1,653

Public

189

Work At Home

1,723

Source: ESRI, 2025-09-30