Madison vs New Milford
Side-by-side comparison
How does Madison, NJ compare to New Milford, NJ? Madison has a population of 16,464 with a median household income of $168,469, while New Milford has 16,882 residents and a median income of $113,513. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Madison, NJ | New Milford, NJ | Difference |
|---|---|---|---|
| Population | 16,464 | 16,882 | -2.5% |
| Median Age | 39 | 39.5 | -1.3% |
| Foreign Born % | 15.4% | 30.5% | -49.5% |
| Metric | Madison | New Milford | Difference |
|---|---|---|---|
| Median Income | $168,469 | $113,513 | +48.4% |
| Unemployment | 6.8% | 6.4% | +6.2% |
| Poverty Rate | 2.8% | 4.6% | -39.1% |
| Bachelor's+ | 70.7% | 48% | +47.3% |
| Metric | Madison | New Milford | Difference |
|---|---|---|---|
| Home Value | $882,900 | $554,800 | +59.1% |
| Median Rent | $2248/mo | $1722/mo | +30.5% |
| Housing Units | 5,721 | 6,428 | -11.0% |