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

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48%

Income/capita NAT. AVG.

73%

Household income NAT. AVG.

18%

Unemployment NAT. AVG.

Index	New Milford	New Jersey	National
Income per capita	$66,286	$55,297	$44,883
Median household income	$141,014	$108,915	$81,333
Median income owner occupied	$199,627	$143,334	$106,172
Median income renter occupied	$98,171	$61,880	$52,080
Median earnings male	$89,872	$69,742	$54,343
Median earnings female	$74,567	$46,406	$38,439
Unemployment rate	5.8%	5.4%	4.9%
Poverty level	4.9%	10.9%	15.1%

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65 Clover Ct

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188 Rambler Ave

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New Milford, NJ

Key findings

The income per capita in New Milford is 48% higher than the national average
The median household income in New Milford is 73% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in New Milford is 18% higher than the national average
The poverty level in New Milford is 68% lower than the national average

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am i middle class

$93,999 $141,014 $282,028

City

$72,602 $108,915 $217,830

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.

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New Milford median earnings by income bracket

New Milford employment by industry

Labour Type	Male	Female
Construction industry	7.0%	7.0%
Manufacturing sector	9.6%	9.6%
Financial & insurance services	5.6%	5.6%
Wholesale & retail services	17.7%	17.7%
Public administration	3.3%	3.3%
Transportation, warehousing & utilities	5.9%	5.9%
Education, health & social services	17.7%	17.7%
Other	29.8%	29.8%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Scarsdale, NY	18,390	$378,602	365.5%
Rockleigh, NJ	671	$365,070	348.9%
Ho-Ho-Kus, NJ	4,195	$340,851	319.1%
Essex Fells, NJ	2,112	$326,681	301.7%
Glen Ridge, NJ	7,786	$317,221	290.0%
New Milford, NJ	17,089	$141,014	73.4%

Cities with similar population

City	Population	Household Income	National Avg.
Aberdeen, WA	17,084	$63,971	21.3%
Morganton, NC	17,082	$59,036	27.4%
Laconia, NH	17,080	$82,938	2.0%
Seagoville, TX	17,072	$93,457	14.9%
Farmingville, NY	17,109	$167,981	106.5%
New Milford, NJ	17,089	$141,014	73.4%

Source: The New Milford, NJ 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.