Economy & Jobs — New Milford, New Jersey
Income & Employment
| Median Household Income (Census) | $114,889 |
|---|
| Estimated 2026 | ~$129,400 |
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| Per Capita Income | $51,201 |
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| Poverty Rate | 4.2% |
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| Unemployment Rate | 6.4% |
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| In Labor Force | 9,515 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 28.8% |
| Professional | 15.9% |
| Retail | 13.4% |
Local Businesses (County)
| Type | Count |
|---|
| Physician Offices | 1,122 |
| Full Service Restaurants | 995 |
| Fast Food | 936 |
| Dental Offices | 779 |
| Law Offices | 708 |
| Beauty Salons | 529 |
| Coffee Shops | 385 |
| Insurance Agencies | 350 |
| Real Estate Offices | 327 |
| Accounting Firms | 324 |
| Commercial Banks | 309 |
| Child Day Care | 299 |
| Auto Repair | 270 |
| Grocery Stores | 225 |
| Fitness Centers | 198 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
