New Milford CDP, Connecticut 

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Economy in New Milford CDP, Connecticut

New Milford CDP has an unemployment rate of 3.9%. The US average is 3.9%.

New Milford CDP has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.

Tax Rates for New Milford CDP
- The Sales Tax Rate for New Milford CDP is 6.4%. The US average is 7.3%.
- The Income Tax Rate for New Milford CDP is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for New Milford CDP
- The average income of a New Milford CDP resident is $26,922 a year. The US average is $28,555 a year.
- The Median household income of a New Milford CDP resident is $49,575 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYNew Milford CDP, ConnecticutUnited States
  3.2%3.7%
  -0.4%1.6%
  25.5%33.5%
  6.4%6.2%
  5.0%4.6%
  $30,798$31,177
  $57,768$57,652
  $72,786$70,850
  POPULATION BY OCCUPATION
  0.7%1.3%
  0.0%0.6%
  7.4%6.2%
  8.7%10.4%
  0.8%2.7%
  13.6%11.6%
  2.4%4.1%
  0.0%0.9%
  2.2%2.1%
  2.8%4.7%
  1.3%1.9%
  6.5%6.7%
  0.0%0.1%
  6.2%4.3%
  7.7%9.3%
  18.2%13.8%
  3.1%2.2%
  12.0%7.4%
  4.8%4.9%
  1.4%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for New Milford CDP    5 Reviews
    connecticut - 5/18/2010
    beautiful state, expensive, lots of taxes and... Read More

    Start Your Review of New Milford CDP


    Cost of living - 12/8/2009
    Hi! there, Hows the rental property rates in / around new milford ? Wahts to do around that area for fun... Read More

    New Milford Point of View - 1/20/2008
    We moved here in June of 2007 after spending the past 25 years in Alaska. Summer climate is very nice with a typical afternoon thunderstorm but nice warm days. Winter... Read More


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