New Milford, NJ's Data
About New Milford, NJ's
New Milford borough, located in Bergen County, New Jersey, was incorporated as a borough by an act of the New Jersey Legislature on March 11, 1922, from portions of Palisades Township. Nestled along the Hackensack River, New Milford is a vibrant community that combines historical charm with modern suburban living. The borough's strategic location near major metropolitan areas like New York City enhances its appeal as a residential area while preserving its small-town atmosphere.
City: New Milford
State: New Jersey
Country: United States
Population: Approximately 16,800 as of the 2020 census.
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in New Milford, NJ
Hike: Here are a couple of local trails to check out!
Local Attractions in New Milford, NJ
New Milford Planting Fields Arboretum - A historic state park offering gardens, greenhouses, and educational programs.
Historic New Bridge Landing - A Revolutionary War site featuring colonial-era buildings and historical reenactments.
Van Saun County Park - A large park with a zoo, playgrounds, and picnic areas, popular among families.
Hackensack River Pathway - Scenic trails along the Hackensack River, ideal for walking, biking, and wildlife observation.
New Milford Farmers Market - A seasonal market offering fresh local produce, crafts, and food items.
The Economy of New Milford, NJ
The economy of New Milford is primarily driven by local businesses, retail sectors, and services that cater to the daily needs of its residents. The proximity to major urban centers allows many residents to commute to New York City for employment, making the borough a desirable location for professionals. Additionally, the local government supports small businesses through various initiatives, which contributes to the economic stability and growth of the community.
New Milford, NJ Inflation
Understanding the BLS and Inflation in New Milford, NJ
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like New Milford, NJ. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from New Milford, NJ understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in New Milford, NJ using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from New Milford, NJ when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in New milford, NJ
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