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New Milford, Connecticut

CDP · Litchfield County

At a glance

8,188
Population
$331,900
Median home value (all homes)
9% above U.S. median
$476,474
Typical market value
Zillow, 2026-07
$1,483/mo
Median rent
10% above U.S. median
$83,235
Median household income
6% above U.S. median
24 min
Average commute
93.3%
Homes with broadband
44.87%
Locations with fiber available
4.9%
Unemployment

Cost of living (Clay Affordability Index)

CAI 107 — 7% above the national average. how it's computed

Housing27% above
Goods & services1% above
Utilities35% above
Taxes33% below
Insurance5% above
Commute cost12% below
For business: Connecticut is CBII band 3/5 · time to build band 3/5. See state page for the breakdown.

Living here

Nearest 4-year college12 mi
Nearest community college17 mi
Nearest technical college13 mi
High school graduates88.9%
College graduates34.7%

Doing business here

Economic development contacts, most local first:

city New Milford Economic Development Office
state Connecticut Dept. Econ. Dev.
Connecticut Department of Economic and Community Development (DECD) is the state agency that supports economic development and community development in Connecticut, including business development, small business resources, brownfield redevelopment, film, arts and tourism initiatives, and related programs. It provides contact points for in-state and out-of-state companies seeking assistance and coordinates various grant and program opportunities.
state Connecticut's Business Response
State sales taxYes
State income taxYes
Right-to-work stateNo

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