New Milford, IL Employment - Median Household Income, Unemployment Rate

Get 300+ Local Insights for Any Address in New Milford, IL

Get Access to 300+ Local Data Points

D+

14%

Income/capita NAT. AVG.

6%

Household income NAT. AVG.

114%

Unemployment NAT. AVG.

Index	New Milford	Illinois	National
Income per capita	$38,579	$47,397	$44,883
Median household income	$86,347	$88,967	$81,333
Median income owner occupied	$86,094	$111,557	$106,172
Median income renter occupied	$80,583	$52,117	$52,080
Median earnings male	$44,741	$60,185	$54,343
Median earnings female	$48,972	$40,368	$38,439
Unemployment rate	10.5%	6.6%	4.9%
Poverty level	17.6%	14.0%	15.1%

Explore the Local Economy Before Moving!

See economic data around your specific address
Understand nearby income and employment trends
Compare local economies side by side

GET REPORT →

Homes For Sale In New Milford, IL

6724 Rydberg Rd

Rockford, IL

2615 Sioux Ct

Rockford, IL

Key findings

The income per capita in New Milford is 14% lower than the national average
The median household income in New Milford is 6% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in New Milford is 114% higher than the national average
The poverty level in New Milford is 16% higher than the national average

Compare New Milford, IL Employment

Best Places for Employment in and Around New Milford

See all the best places to live around New Milford

Write a review to give others more information about this area.

See all New Milford poll results

am i middle class

$57,558 $86,347 $172,694

City

$59,305 $88,967 $177,934

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

The best places in Illinois

Here are the best places to live in Illinois

Most Dangerous Cities In The US

Safest States In The US

See the best places to live in New Milford

New Milford median earnings by income bracket

New Milford employment by industry

Labour Type	Male	Female
Construction industry	2.7%	2.7%
Manufacturing sector	21.9%	21.9%
Financial & insurance services	0.5%	0.5%
Wholesale & retail services	8.7%	8.7%
Public administration	6.7%	6.7%
Transportation, warehousing & utilities	41.2%	41.2%
Education, health & social services	9.2%	9.2%
Other	9.2%	9.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Timberlane, IL	1,195	$256,814	215.8%
Davis Junction, IL	2,654	$126,730	55.8%
Winnebago, IL	3,610	$125,851	54.7%
Candlewick Lake, IL	5,537	$118,466	45.7%
Poplar Grove, IL	4,641	$111,390	37.0%
New Milford, IL	1,399	$86,347	6.2%

Cities with similar population

City	Population	Household Income	National Avg.
Damariscotta, ME	1,399	$70,770	13.0%
Avondale, PA	1,399	$108,762	33.7%
Shoemakersville, PA	1,399	$97,026	19.3%
Mount Currie, BC	1,399	n/a
Indian Hills, CO	1,398	$186,489	129.3%
New Milford, IL	1,399	$86,347	6.2%

Source: The New Milford, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.