Median Age
43 Years
Largest Age Group
55-64 Years
Approximately 14% of Residents
Under 20
22%
Over 65
20%
Area Guide
Avg Rent
$1,832
Population
16,934
Renter Mix
39% Rent
Located about 20 miles northwest of New York City, New Milford is a charming suburb with a small-town atmosphere. New Milford’s Main Street is teeming with an array of shops, eateries, convenience stores, and more in unassuming buildings surrounded by lush natural beauty.
Nestled alongside the Hackensack River, New Milford offers residents a broad range of options for outdoor recreation, from local community parks to the sprawling Van Saun County Park. New Milford is convenient to all kinds of retail delights at Westfield Garden State Plaza and the Outlets at Bergen Town Center in addition to a host of educational and cultural opportunities at nearby Fairleigh Dickinson University. Commuting to Manhattan and northern New Jersey business centers from New Milford is simple with access to Route 4, the Garden State Parkway, and NJ Transit’s Pascack Valley Line.
Median Household Income
$98,059
Average: $128,428
Education
6,424
Residents Have a Degree
Job Market
9,486
Workers Employed
Median Age
43 Years
Largest Age Group
55-64 Years
Approximately 14% of Residents
Under 20
22%
Over 65
20%
Housing Distribution
New Milford has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of June 2026, the average apartment rent in New Milford, NJ is $1,717 for a studio, $1,832 for one bedroom, and $2,246 for two bedrooms. Apartment rent in New Milford has increased by 2.4% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly New Milford, NJ is for everyday living.
Moderately Walkable
Walkability
Limited Public Transit
Transit
Moderately Drivable
Drivability
Fairly Bikeable
Bikeability
Berkley Street Elementary School
Public
Grades PK-5
431 Students
Bertram F. Gibbs Elementary School
Public
Grades PK-5
491 Students
Public
Grades PK & 6-8
529 Students
Public
Grades 9-12
588 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.