Milltown borough, New Jersey
CityPopulation: 6,994 (2023 estimate)
Located in New Jersey , New Jersey
Census Bureau data for Milltown borough from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Milltown borough
- What is the median household income in Milltown borough?
- The median household income in Milltown borough is $119,958 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Milltown borough?
- The poverty rate in Milltown borough is 0.8% (U.S. Census Bureau ACS 2023).
- What is the median home value in Milltown borough?
- $423,000 (U.S. Census Bureau ACS 2023).
- What is the average rent in Milltown borough?
- The median gross rent in Milltown borough is $1,500 per month (U.S. Census Bureau ACS 2023).
- What percentage of Milltown borough residents have a college degree?
- 43.2% of adults in Milltown borough hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
6,994
Median Income
$119,958
Median Home Value
$423,000
Poverty Rate
0.8%
Unemployment (ACS 2023)
4.8%
Median Age
40.0 yrs
Since 2019
Median Income:
+$18,395 (+18.1%)
Home Value:
+$80,000 (+23.3%)
Poverty Rate:
-4.7 pp (-85.5%)
Bachelor's+:
+5.2 pp (+13.7%)
Unemployment:
-3.4 pp (-41.5%)
Demographics
Total Population
6,994
Median Age
40.0
Female
53.6%
Race & Ethnicity
Hispanic or Latino 10.5%
White (non-Hisp.) 77.5%
Black 4.6%
Asian 3.4%
Two or More 8.1%
Other 5.4%
Asian Subgroups (% of total pop.)
Filipino
2.5%
Indian
0.4%
Korean
0.3%
Chinese
0.2%
Hispanic Subgroups (% of total pop.)
Puerto Rican
2.0%
Cuban
1.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$119,958
±$29,976
+$18,908 vs. state
Per Capita Income
$123,548
Median Family Income
$132,109
Poverty Rate
0.8%
-6.2 pp vs. state
Child Poverty Rate
1.6%
Working-Age Poverty Rate
—
SNAP Recipients
10.8%
Social Security Income
—
Retirement Income
24.9%
Household Income Distribution
< $10k
0.5%
$15–25k
0.6%
$25–35k
6.6%
$35–50k
7.6%
$50–75k
17.9%
$75–100k
10.0%
$100–150k
19.0%
$150–200k
10.6%
$200k+
27.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
2,632
Owner-Occupied
76.0%
Renter-Occupied
24.0%
Vacancy Rate
2.6%
Median Home Value
$423,000
-$4,600 vs. state
Median Gross Rent
$1,500
Owner Cost Burden (30%+)
22.9%
Renter Cost Burden (30%+)
70.5%
Home Value Distribution
< $50k
1.4%
$50–100k
0.5%
$200–300k
17.9%
$300–500k
52.6%
$500k–$1M
23.7%
$1M+
0.5%
Gross Rent Distribution
$500–1k
27.9%
$1–1.5k
22.1%
$1.5–2k
24.9%
$2–2.5k
13.1%
$2.5–3.5k
12.0%
Vehicle Availability
No vehicle
3.8%
1 vehicle
25.4%
2 vehicles
47.4%
3+
23.4%
Housing Type
Single-fam. det.
83.9%
2–4 units
12.2%
20+ units
2.2%
Housing Age
Pre-1940
26.8%
1940–1969
5.5%
1970–1999
19.0%
2000–2009
4.4%
2010+
0.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
96.3%
Bachelor's or Higher
43.2%
+0.3 pp vs. state
Graduate Degree
10.9%
Some College / Associate
22.6%
Less Than High School
0.7%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
74.2%
Unemployment Rate
4.8%
-1.4 pp vs. state
Work from Home
10.8%
Self-Employed
3.0%
Government Workers
22.8%
Private For-Profit
74.2%
Industry
Edu/Health
25.5%
Finance
12.9%
Retail
11.4%
Prof. Services
10.0%
Public Admin
9.6%
Transportation
8.4%
Manufacturing
6.0%
Construction
3.5%
Arts/Entmt.
2.4%
Information
1.5%
Wholesale
1.4%
Occupation
Management
44.6%
Sales
23.3%
Food Prep
17.4%
Production
10.9%
Construction
3.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
29.0 min
Drove Alone
80.1%
Carpool
3.5%
Public Transit
4.0%
Work from Home
10.8%
Walked
0.2%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
2,564
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
54.4%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
28.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
6.8%
5–9
5.6%
10–14
9.9%
15–19
3.8%
20–24
3.4%
25–34
10.7%
35–44
17.4%
45–54
13.1%
55–64
7.6%
65–74
10.2%
75–84
7.6%
85+
2.1%
Under 18: 25.8%
Working age (18–64): 74.2%
65 and over: 11.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
20.0%
Naturalized Citizen
54.7%
Speaks English Less Than Very Well
9.4%
Foreign-Born Origin
Latin America
29.1%
Africa
27.0%
Asia
22.3%
Europe
19.3%
Veterans & Disability
Veteran
4.5%
With a Disability
10.2%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.1%
Uninsured
1.9%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.9%
Has a Computer
96.8%
Same House 1 Year Ago
92.9%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023