New Milford, PA

This borough of 820 residents needs 35 more housing units over the next five years. New Milford is part of the Binghamton Metropolitan Transportation Study.

Housing snapshot

Population
820 (2026)
Households
318
Median household income
$61,763 (2026)
Typical home value
$247,404
Owner-occupied
50%
Five-year housing need
35 units

Comparison to other Pennsylvania municipalities

New Milford: $61,763 Median income (2026 estimate)
<$29K >$153K
New Milford: None jobs to household ratio
<0.03 >2.09
New Milford: No permit data
<0% >5.9%
On this page

How affordable is this community?

At $247,404, typical home prices in New Milford, PA are close to the Pennsylvania average of $231,760. With a median household income of $61,763 in New Milford, PA, housing costs are a modest stretch for the typical household.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

New Milford, PA has roughly 318 households and a population that has been largely stable in recent years.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

In New Milford, PA, detached single-family accounts for 59% of the housing stock. New Milford, PA is roughly split between owners and renters, at 50% owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How does this place compare to similar communities?