New Milford vs Madison
Side-by-side comparison
How does New Milford, NJ compare to Madison, NJ? New Milford has a population of 16,882 with a median household income of $113,513, while Madison has 16,464 residents and a median income of $168,469. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | New Milford, NJ | Madison, NJ | Difference |
|---|---|---|---|
| Population | 16,882 | 16,464 | +2.5% |
| Median Age | 39.5 | 39 | +1.3% |
| Foreign Born % | 30.5% | 15.4% | +98.1% |
| Metric | New Milford | Madison | Difference |
|---|---|---|---|
| Median Income | $113,513 | $168,469 | -32.6% |
| Unemployment | 6.4% | 6.8% | -5.9% |
| Poverty Rate | 4.6% | 2.8% | +64.3% |
| Bachelor's+ | 48% | 70.7% | -32.1% |
| Metric | New Milford | Madison | Difference |
|---|---|---|---|
| Home Value | $554,800 | $882,900 | -37.2% |
| Median Rent | $1722/mo | $2248/mo | -23.4% |
| Housing Units | 6,428 | 5,721 | +12.4% |