HomeIllinoisWinnebago CountyNew Milford village
New Milford village, Illinois: commercial real estate data.
New Milford village is a Census village of 1,194 people across 2.71 square miles of land, in Winnebago County. Median household income is $76,458, 91.3 percent of occupied homes are owned.
54 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
New Milford
What New Milford is
- Census place typevillage
- Land area2.71 sq mi
- Water area0.03 sq mi
- Population per square mile of land441 plus or minus 162
- County holding the largest share of its areaWinnebago County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Milford
How many people live in New Milford
- Population1,194 plus or minus 439
- Median age32.5 plus or minus 16.1
- Population under 18291 plus or minus 132
- Share under 1824.4 percent plus or minus 6.4
- Population 65 and over153 plus or minus 53
- Share 65 and over12.8 percent plus or minus 6.5
- Households401 plus or minus 100
- Family households271 plus or minus 84
- Share of households that are families67.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Milford
Income and work in New Milford
- Median household income$76,458
- Per capita income$31,116 plus or minus $6,603
- Civilian labor force608 plus or minus 198
- Employed576 plus or minus 199
- Unemployed32 plus or minus 23
- Unemployment rate5.3 percent plus or minus 3.4
- Adults 25 and over776 plus or minus 251
- Adults 25 and over with a high school diploma or higher93.3 percent plus or minus 38.4
- Adults 25 and over with a bachelor degree or higher9.0 percent plus or minus 4.7
- Adults 25 and over with a graduate degree0.9 percent plus or minus 1.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Milford
Housing in New Milford
- Housing units419 plus or minus 102
- Occupied units401 plus or minus 100
- Vacant units18 plus or minus 14
- Vacancy rate4.3 percent plus or minus 3.2
- Owner occupied366 plus or minus 93
- Renter occupied35 plus or minus 37
- Ownership rate91.3 percent
- Median owner-occupied home value$132,500 plus or minus $51,080
- Median gross rent, monthly$744 plus or minus $330
- Annual rent as a share of median income11.7 percent plus or minus 5.6
- Single family units294 plus or minus 90
- Share single family70.2 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes125 plus or minus 53
- Median year structure built1984
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Milford
How New Milford gets to work
- Workers 16 and over who commute539 plus or minus 198
- Commuting under 15 minutes184 plus or minus 97
- Share commuting under 15 minutes34.1 percent plus or minus 12.8
- Commuting 30 minutes or more155 plus or minus 104
- Share commuting 30 minutes or more28.8 percent plus or minus 16.1
- Drove alone79.3 percent plus or minus 38.7
- Carpooled13.3 percent plus or minus 12.8
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home2.0 percent plus or minus 1.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
New Milford
Flood risk in New Milford
- Listed NFIP communities1
- Of those, participating1
- NFIP community number175182
- Currently effective map date02/17/16
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Winnebago County, not New Milford
Winnebago County context, not New Milford figures
These are Winnebago County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as New Milford measurements.
- Establishments in Winnebago County6,286
- Employment at those establishments, Winnebago County117,137
- Covered employment, Winnebago County126,415
- Average annual pay, Winnebago County$59,400
- Average weekly wage, Winnebago County$1,142
- Housing units permitted, Winnebago County284
- Of those, single family, Winnebago County248
- County product, 2024, Winnebago County$18,797,963,000
- County product change over the prior year, Winnebago County4.1 percent
- Average income of an arriving household, Winnebago County$50,453
Every figure in this section is published for Winnebago County as a whole and is not a measurement of New Milford. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
New Milford questions, answered from the record.
How many people live in New Milford, Illinois?
1,194, in 401 households. New Milford village covers 2.71 square miles of land, which is 441 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is New Milford in?
Winnebago County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in New Milford?
$76,458. The median owner-occupied home is valued at $132,500. Median gross rent is $744 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Is New Milford in the National Flood Insurance Program?
Yes. New Milford appears in the FEMA Community Status Book as community 175182, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page New Milford figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Winnebago County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of New Milford.
Is zoning published for New Milford?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.