New Milford vs Tenafly

A side-by-side comparison of New Milford and Tenafly: population, income, housing, and more.

New Milford and Tenafly are places in New Jersey. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

New Milford has the higher population (16,882 vs 15,252 in Tenafly). Tenafly has the higher median household income ($208,088 vs $113,513 in New Milford). Tenafly has the higher median home value ($974,300 vs $554,800 in New Milford).

Population, income & housing

	New Milford	Tenafly
Population	16,882	15,252
Median age	39.5 yrs	42.1 yrs
Median household income	$113,513	$208,088
Median home value	$554,800	$974,300
Median gross rent	$1,722	$3,143
Housing units	6,428	5,415
Homeownership rate	62.7%	72.2%
Bachelor's degree or higher	48.0%	79.2%
Unemployment rate	6.4%	7.0%

Trends (ACS 5-year, 2019–2023)

	New Milford	Tenafly
Population	16,545 → 16,882 (+2.0%)	14,632 → 15,252 (+4.2%)
Median household income	$94,344 → $113,513 (+20.3%)	$172,926 → $208,088 (+20.3%)
Median home value	$426,800 → $554,800 (+30.0%)	$829,600 → $974,300 (+17.4%)
Median gross rent	$1,438 → $1,722 (+19.7%)	$2,271 → $3,143 (+38.4%)

New Milford

Population

16,54516,882

Median household income

$94,344$113,513

Median home value

$426,800$554,800

Median gross rent

$1,438$1,722

Tenafly

Population

14,63215,252

Median household income

$172,926$208,088

Median home value

$829,600$974,300

Median gross rent

$2,271$3,143

Age & race/ethnicity

Age distribution (share)

	New Milford	Tenafly
Under 5	7.0%	3.2%
5 to 17	16.1%	28.0%
18 to 24	7.3%	3.6%
25 to 34	11.6%	4.6%
35 to 44	15.1%	16.9%
45 to 54	13.5%	17.1%
55 to 64	13.4%	13.7%
65 to 74	7.8%	6.8%
75 and over	8.3%	6.1%

Race & ethnicity (share)

	New Milford	Tenafly
White (non-Hispanic)	47.6%	58.3%
Black or African American	4.7%	1.2%
American Indian & Alaska Native	0.5%	0.0%
Asian	20.5%	31.1%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.8%	0.4%
Two or more races	3.8%	1.5%
Hispanic or Latino	22.1%	7.5%

Educational attainment (age 25+)

Share of adults 25+

	New Milford	Tenafly
No high school diploma	5.3%	1.3%
High school graduate	19.6%	7.0%
Some college or associate's	27.1%	12.5%
Bachelor's degree	32.5%	36.3%
Graduate or professional degree	15.5%	42.9%

Commute to work

How workers get to work (share)

	New Milford	Tenafly
Drove alone	62.9%	56.8%
Carpooled	10.7%	5.9%
Public transit	7.8%	13.0%
Walked	1.0%	0.1%
Bicycle	0.3%	0.0%
Worked from home	14.0%	23.7%
Other means	3.3%	0.5%

Housing

Units in structure (share)

	New Milford	Tenafly
1-unit, detached	64.7%	75.9%
1-unit, attached	1.5%	6.1%
2 to 4 units	25.4%	7.8%
5 to 19 units	4.5%	4.1%
20 or more units	3.7%	4.9%
Mobile home & other	0.2%	1.1%

Poverty & households

	New Milford	Tenafly
Poverty rate	4.6%	3.7%
Average household size	2.71	2.90
Mean commute (minutes)	30	42
Median year structure built	1953	1957