At a Glance
Median Income
$119,958
$53,009 per capita
Home Value
$423,000
Zillow: $618,355
Median Rent
$1,500/mo
38.2% of income on rent
Violent Crime
70/100K
1,281/100K property
Bachelor's Degree+
43.2%
96.3% high school+
Unemployment
4.8%
0.8% poverty rate
Obesity Rate
31.6%
10.4% smoking rate
How Milltown Compares to the U.S. Average
Each bar shows Milltown's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Milltown a Good Place to Live?
B+
3.7 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Milltown residents earn a median household income of $119,958 , which is 60% above the national average of $75,149.
Per capita income is $53,009. The unemployment rate stands at 4.8% (33% above the U.S. rate of 3.6%). 0.8% of residents live below the poverty line. The area is home to 25,382 business establishments, including 1,863 restaurants.
Housing & Cost of Living
The median home value in Milltown is $423,000 , 50% above the national median of $281,900.
Zillow estimates the typical home at $618,355. Median rent is $1,500/month, with 38.2% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1961.
Safety & Crime
Milltown reports 70 violent crimes per 100,000 residents
, which is 81% below the national average of 380/100K.
Property crime is 1,281/100K.
Education
43.2% of adults in Milltown hold a bachelor's degree or higher
(28% above the national average).
96.3% have completed high school. Local schools score 6.7/10 in standardized testing.
Climate & Weather
Milltown has an average annual temperature of 54°F (12°C).
Winters average 32°F in January while summers reach 76°F in July. Annual precipitation totals 49.5 inches. Air quality is rated Good with a median AQI of 36.
Data Overview
People
Population6,994
Median Age40.3 yrs
Density4,512/mi²
Male / Female46% / 54%
Foreign Born20.0%
Veterans4.5%
Economy
A+
Median Income$119,958
Per Capita$53,009
Unemployment4.8%
Poverty0.8%
County GDP$86,705M
Avg Weekly Wage$1,585
Housing
A+
Home Value$423,000
Rent$1,500
Ownership76.0%
Zillow$618,355
Housing Units2,586
Rent Burden38.2%
Crime
F
Violent70/100K
Property1,281/100K
Health
Obesity31.6%
Diabetes8.1%
Smoking10.4%
Heart Disease4.4%
Premature Death5,499/100K
Climate
Avg Temp54°F
Rain49.5 in/yr
AQI36 (Good)
Elevation38 ft
Education
A
Bachelor's+43.2%
High School+96.3%
Graduate+10.6%
School Score6.7/10
Community
2024 VoteR 44% / D 53%
Commute29 min
Broadband95.9%
Internet Speed118 Mbps
EV Stations20
Libraries32
Did You Know?
Milltown was founded in 1889.
The median home in Milltown was built in 1961.
The nearest airport is Central Jersey Regional (10 miles).
The Gini coefficient (income inequality) is 0.432 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
10.2% of the population has a disability.
20.0% of residents are foreign-born.
Average internet download speed is 118 Mbps.
There are 1,863 restaurants in the area.
The county recorded 64 fatal vehicle crashes.