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New Milford, Connecticut Mortgage and Housing Information
Population: 6,633
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.
Lifestyle in New Milford
Income
| U.S. | Connecticut | New Milford | |
|---|---|---|---|
| Median Earnings | $23,755 | $30,409 | $25,904 |
| Median Earnings, Males | $29,458 | $37,584 | $32,470 |
| Median Earnings, Females | $18,957 | $24,046 | $20,063 |
Males earn $12,407 (61.8%) more than Females in New Milford.
Commuting in New Milford
Means of transportation to work, workers over 16 years old.
| Means of Transport | Number of People |
|---|---|
| Car, solo | 3,142 |
| Carpooled | 349 |
| Public Transit | 43 |
| Bicycle | 7 |
| Walking | 154 |
| Other Means | 6 |
| Total, Commuted | 3,701 |
| Worked from home | 41 |
| Total | 3,742 |
Time Spent Commuting in New Milford
Time spent commuting in New Milford
| Time spent in minutes | Number of People |
|---|---|
| Less than 5 | 198 |
| 5-9 | 679 |
| 10-14 | 446 |
| 15-19 | 202 |
| 20-24 | 504 |
| 25-29 | 321 |
| 30-34 | 576 |
| 35-39 | 132 |
| 40-44 | 144 |
| 45-59 | 234 |
| 60-89 | 182 |
| Over 90 | 83 |
Education
| Level | Number of Males | Percent of Males | Number of Females | Percent of Females |
|---|---|---|---|---|
| Some College | 482 | 23.3% | 458 | 22.1% |
| Associate Degree | 159 | 7.7% | 114 | 5.5% |
| Bachelor's Degree | 374 | 18.1% | 311 | 15.0% |
| Master's Degree | 96 | 4.6% | 80 | 3.9% |
| Professional Degree | 8 | 0.4% | 64 | 3.1% |
| Doctorate Degree | 16 | 0.8% | 15 | 0.7% |
| Total (at least some college) | 1,135 | 54.8% | 1,042 | 44.1% |
| Total over 25 | 2,070 | 100% | 2,364 | 100% |
Housing in New Milford
Cost of Single-Family Houses
| Median price asked in year 2000 | $275,000 |
|---|
Value of Houses and Condos
| U.S. | Connecticut | New Milford | |
|---|---|---|---|
| Median home value in year 2000 | $111,800 | $160,600 | $148,500 |
Monthly Owner Costs
| U.S. | Connecticut | New Milford | |
|---|---|---|---|
| With a mortgage | $1,088 | $1,426 | $1,383 |
| Without a mortgage | $295 | $473 | $443 |
Tenancy in New Milford
| Owner-occupied homes | 1,515 |
|---|---|
| Renter-occupied homes | 1,241 |
| Homes for sale | 13 |
| Homes for rent | 49 |
| Total | 2,872 |
Ownership of Single-family Houses
Types of mortgages for owner-occupied Single-family Houses in New Milford (2000)
| Mortgage Type | Number of Single-family Houses | Percent of total |
|---|---|---|
| Without a mortgage | 260 | 26.4% |
| First Mortgage Only | 572 | 58.1% |
| Second Mortgage and/or Home Equity Loan | 153 | 15.5% |
| Total | 985 | 100% |
Age of New Milford Residents
| Males | Females |
|---|---|
| 34 | 36 |
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