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New Milford CDP, CT

ZIP 06776 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 06776

Median Home Value
$380,800
Median Rent
$1,339
Affordability Snapshot
$105,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,446/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

23.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 06776 in New Milford CDP, CT, a household would need roughly $105,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,446. That is roughly in line with the local median household income ($102,240). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
80.6%+23% vs US avg
x
Vacancy Rate
9.2%-11% vs US avg
x
Broadband Access
95.8%+10% vs US avg
x
4+ Bedrooms
5.2%-65% vs US avg
x
Built Pre-1939
4.3%-66% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
31.2%-37% vs US avg
x
Mortgage-Free
32.4%-15% vs US avg
x
$380,800
Home Value
$1,339
Rent
1976
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached75.8%
  • 1-unit attached4.2%
  • 2-9 units10.7%
  • 10+ units8.2%
  • Mobile home & other1.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$380,800
Median rent$1,339
Owner-occupied80.6%
Vacant9.2%
Price-to-income3.7x
Est. income to buy$105,000