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

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Population

Population2000201020242029
Town of New Milford, CT27,13628,15927,65127,118

Source: ESRI, 2024-09-26

Population by Age

Population2024
0-41,278
5-91,480
10-141,751
15-191,715
20-241,309
25-291,467
30-341,685
35-391,640
40-441,800
45-491,800
50-542,195
55-592,239
60-642,205
65-691,735
70-741,437
75-79918
80-84513
85+484
18+22,015
Median Age44

Source: ESRI, 2024-09-26

Population by Race

Town of New Milford, CT2024
Total27,651.00
White Alone77.91%
Black Alone2.55%
American Indian Alone0.26%
Asian Alone3.61%
Pacific Islander Alone0.02%
Some Other Race5.26%
Two or More Races10.4%
Hispanic Origin12.43%
Diversity Index51.30

Source: ESRI, 2024-09-26

Growth Rate

Town of New Milford, CT2024 - 2029
Population-0.39%
Households-0.01%
Families-0.05%
Median Household Income1%
Per Capita Income2%

Source: ESRI, 2024-09-26

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Housing

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Households

Population2000201020242029
Households10,02410,62510,94910,941
Housing Units10,71411,73811,88911,876
Owner Occupied Units8,5188,592
Renter Occupied Units2,4312,349
Vacant Units940935

Source: ESRI, 2024-09-26

Home Value

Town of New Milford, CT20242029
Median Home Value$347,839$358,992
Average Home Value$420,985$446,165
<$50,000163147
$50,000 - $99,9996863
$100,000 - $149,999195179
$150,000 - $199,999221201
$200,000 - $249,999909845
$250,000 - $299,9991,3641,293
$300,000 - $399,9992,7992,658
$400,000 - $499,9991,2561,395
$500,000 - $749,9999261,038
$1,000,000 +259326

Source: ESRI, 2024-09-26

Housing Year Built

Year RangeHouses Built
2010 or Later215
2000-20091,365
1990-19991,433
1980-19891,682
1970-19791,982
1960-19691,745
1950-19591,040
1940-1949404
1939 or Before1,865

Source: ESRI, 2024-09-26

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Income

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Income

Town of New Milford, CT20242029
Median Household$94,703$100,081
Average Household$126,676$137,921
Per Capita$50,199$55,688

Source: ESRI, 2024-09-26

Household Income

Town of New Milford, CT2024
<$15,000568
$15,000 - $24,999564
$25,000 - $34,999269
$35,000 - $49,999796
$50,000 - $74,9991,811
$75,000 - $99,9991,762
$100,000 - $149,9992,264
$150,000 - $199,9991,485
$200,000+1,431

Source: ESRI, 2024-09-26

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Employees

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Commute

CategoryCommuters
Workers 16+14,799
In-County Residents7,206
Out-of-County Residents5,978
Drive Alone11,776
Carpooled1,171
Public Transport193
Work at Home1,326
Motorcycle8
Bicycle32
Walked275
Other18
Less than 5 minutes586
5-9 minutes1,543
10-14 minutes1,209
15-19 minutes1,694
20-24 minutes1,959
25-29 minutes1,073
30-34 minutes2,006
35-39 minutes373
40-44 minutes507
45-59 minutes738
60-89 minutes1,102
90+ minutes683
Average Travel Time0

Source: ESRI, 2024-09-26

Source: ESRI, 2024-09-26

Employees by NAICS

CategoryNumber
Total Employees11,475
Agr/Forestry/Fish/Hunt29
Mining1
Utilities72
Construction754
Manufacturing1,392
Wholesale Trade275
  
Retail Trade1,736
Motor Veh/Parts Dealers149
Furn & Home Furnish Str53
Electronics & Appl Store29
Bldg Matl/Garden Equip216
Food & Beverage Stores528
Health/Pers Care Stores110
Gasoline Stations47
Clothing/Accessory Store67
Sports/Hobby/Book/Music204
General Merchandise Str333
  
Transportation/Warehouse185
Information94
  
Finance & Insurance161
Cntrl Bank/Crdt Intrmdtn86
Sec/Cmdty Cntrct/Oth Inv14
Insur/Funds/Trusts/Other61
  
Real Estate/Rent/Leasing239
Prof/Scientific/Tech Srv619
Legal Services138
Mgmt of Comp/Enterprises12
Admin/Support/Waste Mgmt434
Educational Services979
HealthCare/Social Assist2,043
Arts/Entertainment/Rec228
  
Accommodation/Food Srvcs948
Accommodation232
Food Srv/Drinking Places716
  
Other Srv excl Pub Admin821
Auto Repair/Maintenance201
Public Administration Emp420

Source: ESRI, 2024-09-26

Educational Attainment (25+)

Town of New Milford, CT2024
<9th Grade164
Some High School695
GED507
Graduated High School5,007
Some College/No Degree3,545
Associates Degree1,668
Bachelor's Degree5,592
Graduate Degree2,939

Source: ESRI, 2024-09-26

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Businesses

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Businesses by NAICS

CategoryNumber
Total Businesses1,391
Agr/Forestry/Fish/Hunt Bus6
Mining Bus1
Utilities Bus3
Construction Bus183
Manufacturing Bus64
Wholesale Trade Bus48
  
Retail Trade Bus183
Motor Veh/Parts Dealers Bus24
Furn & Home Furnish Str Bus8
Electronics & Appl Store Bus5
Bldg Matl/Garden Equip Bus18
Food & Beverage Stores Bus28
Health/Pers Care Stores Bus17
Gasoline Stations Bus10
Clothing/Accessory Store Bus10
Sports/Hobby/Book/Music Bus44
General Merchandise Str Bus19
  
Transportation/Warehouse Bus19
Information Bus18
  
Finance & Insurance Bus34
Cntrl Bank/Crdt Intrmdtn Bus14
Sec/Cmdty Cntrct/Oth Inv Bus6
Insur/Funds/Trusts/Other Bus14
  
Real Estate/Rent/Leasing Bus61
Prof/Scientific/Tech Srv Bus116
Legal Services Bus17
Mgmt of Comp/Enterprises Bus3
Admin/Support/Waste Mgmt Bus63
Educational Services Bus35
HealthCare/Social Assist Bus118
Arts/Entertainment/Rec Bus37
  
Accommodation/Food Srvcs Bus79
Accommodation Bus6
Food Srv/Drinking Places Bus73
  
Other Srv excl Pub Admin Bus195
Auto Repair/Maintenance Bus41
Public Administration Bus33

Source: ESRI, 2024-09-26

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