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Milmay, NJ
Full City Profile · New Jersey · Atlantic County County
2.8
/5.0
C+
Fair
950
Population
116/sq mi density
$60,110
Median Income
$39,932 per capita
$235,600
Home Value
$374,434 Zillow
$1,247
Median Rent
30.9% income on rent
55°F
Avg Temperature
290 sunny days/yr
238
Violent Crime/100K
1,771 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$60,110 median income, 9.2% unemployment
A
Affordability
4.5 / 5.0
$235,600 home value, $1,247/mo rent
F
Safety
1.0 / 5.0
238 violent crimes/100K
C+
Education
2.8 / 5.0
22.5% bachelor's degree or higher
Housing Overview
Median Home Value
$235,600
16% below
US avg: $281,900
Median Rent
$1,247/mo
7% above
US avg: $1,163/mo
Homeownership Rate
79.1%
21% above US avg (65.4%)
Total Housing Units
452
Median year built: 1973
Home Value by Source
Census Median
$235,600
Zillow (ZHVI)
$374,434
Median Sale Price
$165,000
Median List Price
$675,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.1%
Owner-Occupied
20.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,247/mo
Market Indicators (Redfin)
Median Days on Market
11 days
Sale-to-List Ratio
0.8%
Buyers market
Homes Sold
1
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$50
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
30.9%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
79.1%
Complete Housing Data
Home Values
| Census Median Value | $235,600 |
| Zillow Home Value (ZHVI) | $374,434 |
| Median Sale Price | $165,000 |
| Median List Price | $675,000 |
| Price Per Sq Ft | $50 |
Rent
| Census Median Rent | $1,247 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 11 |
| Sale-to-List Ratio | 0.8% |
| Price Drops | 20.0% |
| Homes Sold | 1 |
| Active Inventory | 5 |
| Price Per Sq Ft | $50 |
Ownership & Stock
| Owner-Occupied | 79.1% |
| Renter-Occupied | 20.9% |
| Homeownership Rate | 79.1% |
| Total Housing Units | 452 |
| Median Year Built | 1973 |
| Rent Burden | 30.9% |