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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

New Milford, PA Housing Affordability Index

New Milford, Pennsylvania has an MBR Housing Affordability Index score of 120.7 (Highly Affordable) as of October 30, 2026, ranking 891st most affordable of 1,325 scored Pennsylvania cities, compared with 108.3 statewide and 97.4 nationally. On a median-priced $159,900 home with 20% down, the Pennsylvania average 30-year fixed rate of 7.23% means a monthly principal and interest payment of about $871, or 18% of the city’s $56,875 median household income.

The MBR Housing Affordability Index (MBR-HAI) for New Milford is updated every night from live Pennsylvania mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

New Milford MBR-HAI 120.7 Highly Affordable
Rank in Pennsylvania 891 of 1,325 1 = most affordable
Pennsylvania 108.3 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.23% Pennsylvania lenders
Median home value $159,900 U.S. Census Bureau

New Milford is 12.4 points above the Pennsylvania score. Scores as of October 30, 2026. See the Pennsylvania index

View New Milford Mortgage Rates

What It Takes to Buy in New Milford

$871/mo
Principal & Interest
Median home, 20% down, 7.23%
$37,300
Income Needed
To keep the payment at 28% of income
$56,875
Median Household Income
Pennsylvania: $77,971
2.8x
Price-to-Income Ratio
Pennsylvania: 3.3x
$950/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,071/yr
Median Property Tax
1.30% of median value
27.1%
Owner Cost Burden
Owners spending 30%+ of income on housing
48.3%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for New Milford, Pennsylvania. The rate is the Pennsylvania average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the New Milford Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. New Milford, Pennsylvania score: 120.7 (Highly Affordable), ranked 891 of 1,325 Pennsylvania cities. monitorbankrates.com/housing-affordability-index/pennsylvania/new-milford”