New Milford, IL
1,194Residents
$76,458Median household income
$744/moMedian gross rent
$132,500Median home value
32.5Median age
9%Adults with a bachelor’s degree or higher
91%Homes lived in by their owners
1.7×Home value to household income
Median rent takes about 12% of the median household income in New Milford.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $30,000 a year. In Illinois that leaves roughly $2,067 a month after tax. See the full paycheck breakdown for $30,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.