2025 Compare Cities Economy:
Verona, NJ vs New Milford, NJ

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Highlights
- Household income in New Milford, is 30% less than it is in Verona and is 30% above the National Average.
- Verona unemployment rate is 9.6%.
- New Milford unemployment rate is 7.4%.
 Verona, NJNew Milford, NJUnited States
 Unemployment Rate  Unlock7.4%6.0%
 Recent Job Growth  Unlock-0.5%1.6%
 Future Job Growth20.9%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$73,991  Unlock$37,638
 Household Income  Unlock$98,992$69,021
 Family Median Income$170,820  Unlock$85,028
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 Est. Households By Income
 Verona, NJNew Milford, NJUnited States
 Income Less Than 15K  Unlock3.9%9.4%
 Income between 15K and 20K1.4%  Unlock3.8%
 Income between 20K and 30K  Unlock4.6%8.1%
 Income between 30K and 40K4.0%  Unlock8.0%
 Income between 40K and 50K  Unlock7.9%7.6%
 Income between 50K and 60K4.8%  Unlock7.2%
 Income between 60K and 75K  Unlock8.7%9.6%
 Income between 75K and 100K8.7%  Unlock12.8%
 Income between 100K and 150K  Unlock16.1%16.3%
 Income between 150K and 200K12.5%  Unlock7.8%
 Income greater than 200K  Unlock18.0%9.5%
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 Population By Occupation
 Verona, NJNew Milford, NJUnited States
 Management, business, finance25.5%  Unlock16.4%
 Engineering, computers, science  Unlock8.1%6.5%
 Community, social services3.6%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library12.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.5%2.0%
 Healthcare practitioners and technology7.6%  Unlock6.2%
 Healthcare support  Unlock3.1%3.3%
 Firefighters, law enforcement2.2%  Unlock2.1%
 Food preparation, serving  Unlock2.0%5.4%
 Building maintenance0.7%  Unlock3.6%
 Personal care  Unlock2.0%2.6%
 Sales, office, administrative support20.5%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair3.5%  Unlock8.1%
 Production, transportation, material moving  Unlock6.2%13.1%
Reviews for Verona    1 Reviews

Over 1 years ago

Great little town. I attend services in the Hill Street area. Love walking the town and Verona lake park, a gem in the summer. Lately the town has some strange  More

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Reviews for New Milford    1 Reviews

Over 17 years ago

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

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