Is New Milford, IL a Good Place to Live?
New Milford is a small town of 1,272 in Illinois, with a median household income of $68,833 and a 5.3% unemployment rate. Its cost of living index is 90 (US average = 100), which is 10% below the national average.
Strengths: New Milford stands out for an affordable cost of living, below-average home prices, short average commutes.
Trade-offs: Potential downsides include an elevated unemployment rate. Whether New Milford is right for you depends on your priorities — the full breakdown is below.
All New Milford city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 90.1New Milford's overall cost of living index is 90.1, where 100 represents the US national average. Living in New Milford costs roughly 10% less than the average American city.
| Metric | New Milford, IL | National Avg |
|---|---|---|
| Median Home Value | $115,800 | $244,900 |
| Median Monthly Rent | $750 | $1,163 |
| Homeownership Rate | 90.1% | 65.9% |
| Median Household Income | $68,833 | $74,755 |
Crime & Safety
Near National AverageNew Milford's violent crime rate is 627.8 per 100,000 residents — 65% higher than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
| Metric | New Milford, IL | National Avg |
|---|---|---|
| School District | N/A | — |
| Elementary Schools | N/A | — |
| Middle Schools | N/A | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | N/A | 16:1 |
| Bachelor's Degree or Higher | 10.3% | 35.4% |
| High School Diploma or Higher | 91.5% | 91.1% |
Weather & Climate
New Milford sees average highs of 29.1°F in January and 83.9°F in July, with 37.2 inches of annual precipitation and 37.1 inches of snow per year.
| Metric | New Milford, IL |
|---|---|
| Average High — January | 29.1°F |
| Average High — July | 83.9°F |
| Annual Precipitation | 37.2" |
| Annual Snowfall | 37.1" |
Demographics
| Metric | New Milford, IL | National Avg |
|---|---|---|
| Population | 1,272 | — |
| Median Age | 32.5 | 38.9 |
| Unemployment Rate | 5.3% | 3.7% |
| Avg Commute Time | 22.5 min | 26 min |
| White (non-Hispanic) | 84.7% | 59.3% |
| Black or African American | 4.1% | 13.6% |
| Hispanic or Latino | 3.9% | 18.9% |
| Asian | 6.3% | 6.3% |
| Under 18 | 21.5% | 22.2% |
| 65 and over | 11.7% | 16.8% |