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2025 Compare Cities Housing:
New Milford, NJ vs Fairbanks, AK

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Highlights
- The median age of a home in New Milford is 38.8% older than the median age of a home in Fairbanks.
 New Milford, NJFairbanks, AKUnited States
 Median Home Age67  Unlock42
 Median Home Cost  Unlock$275,600$338,100
 Home Appr. Last 12 months9.0%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock31.0%57.0%
 Home Appr. Last 10 yrs.52.1%  Unlock101.1%
 Property Tax Rate  Unlock$13.5$11.0
 Homes Owned62.0%  Unlock57.4%
 Housing Vacant  Unlock15.3%11.2%
 Homes Rented33.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 New Milford, NJFairbanks, AKUnited States
 Average Rent  Unlock$2,160$1,840
 Studio Apartment$1,290  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,170$1,180
 2 Bedroom Home or Apartment$1,790  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,190$1,860
 4 Bedroom Home or Apartment$2,790  Unlock$2,160
 space1
 Vacant Housing
 New Milford, NJFairbanks, AKUnited States
 Vacant For Rent  Unlock6.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.7%0.7%
 Vacant Sold0.5%  Unlock0.4%
 Vacant Vacation  Unlock1.0%3.6%
 Vacant Other2.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 New Milford, NJFairbanks, AKUnited States
 Less Than $20,000  Unlock2.0%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock1.3%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock2.9%4.5%
 $100,000 to $149,9990.1%  Unlock11.3%
 $150,000 to $199,999  Unlock17.3%13.0%
 $200,000 to $299,9995.5%  Unlock20.1%
 $300,000 to $399,999  Unlock16.1%13.6%
 $400,000 to $499,99945.8%  Unlock8.3%
 $500,000 to $749,999  Unlock2.6%9.7%
 $750,000 to $999,9992.4%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.5%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
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 Housing Units By Year Built
 New Milford, NJFairbanks, AKUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock11.6%13.6%
 2000 to 20091.3%  Unlock13.6%
 1990 to 1999  Unlock7.6%13.6%
 1980 to 19895.1%  Unlock13.2%
 1970 to 1979  Unlock21.1%14.8%
 1960 to 19693.0%  Unlock13.6%
 1950 to 1959  Unlock10.4%10.0%
 1940 to 194923.2%  Unlock4.7%
 1939 or Earlier  Unlock2.2%12.2%
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Reviews for New Milford    1 Reviews
bo · Teaneck, NJ
town
Over 17 years ago

Diverse, quiet town, but expensive to live, as Bergen County or NJ for that matter  More

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Reviews for Fairbanks    20 Reviews
Martin · North Pole, AK
Comfortable, But Winters Are Getting Harder
Over 10 years ago

I have lived in the Fairbanks area for about 25 years and have become very comfortable with the community and the lifestyle here. That said, retirement is fast  More

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CJ · Ogden, UT
Interested in Fairbanks
Over 14 years ago

Comments about Fairbanks, both positive and negative, are of interest to me. Was in Fairbanks this past March [and north on Cleary Summit] and fell in love with the  More

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Sandy · Fairbanks, AK
Think Twice!
Over 15 years ago

I came to Alaska 15 years ago on an adventure and first lived in Juneau, which I LOVED and then moved to Eagle River, which I loved and now live in Fairbanks! I do not  More

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Learn More About New Milford, New Jersey
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