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CITY

Milmay

New Jersey · 748 residents · 8.206 sq mi
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The short version

Milmay has notably lower household income than the US average, with a median household income of $61,250. Population has fallen 21% since 2023, a loss of 202 residents. Median home value is $295,600. With a median age of 44.8, the population is older than the US median of 38.9. Households here earn about 41% less than the New Jersey median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 44.8
US median: 38.9
Less educated
29% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
748
−21%since 2023
from 950 in 2023
2020 – 2024
Population density
91 / sq mi
−21%since 2023
from 116 / sq mi in 2023
US average: 281
Median age
44.8
−13%since 2023
from 51.3 in 2023
US average: 38.9
Population, 2020 – 2024
6988489991K1K20202024Milmay
2024748
20202024
Section 02

Income & economy

Median household income
$61,250
−1%inflation adjusted, since 2023
from $60,110 in 2023
US average: $82,259
2020 – 2024
Per capita income
$39,923
Unchangedsince 2023
from $39,932 in 2023
US average: $44,673
Households earning $100K+
43.8%
+8.3 ptssince 2023
from 35.5% in 2023
US average: 53.3%
Poverty rate
7.5%
+4.6 ptssince 2023
from 2.8% in 2023
US average: 12.5%
Income inequality (Gini)
0.413
+1%since 2023
from 0.409 in 2023
US average: 0.476
Workforce by industry, 2024
Finance & insurance11.7%
US avg: 5.9%
Information7.8%
US avg: 10.8%
Professional, scientific, technical7.5%
US avg: 5.1%
Other services6%
US avg: 6.7%
Agriculture, forestry, fishing5.7%
US avg: 1.6%
Construction5.7%
US avg: 1.2%
Education & health services4.3%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Retail trade0%
US avg: 9.9%
Transportation & warehousing0%
US avg: 2.2%
Arts, entertainment, food0%
US avg: 1.9%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$295,600
+22%inflation adjusted, since 2023
from $235,600 in 2023
US average: $376,019
2020 – 2024
Median gross rent
$1,188
−7%inflation adjusted, since 2023
from $1,247 in 2023
US average: $1,442
Owner-occupied
79.5%
+0.4 ptssince 2023
from 79.1% in 2023
20.5% rent
Vacancy rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
Owner cost-burdened
14.8%
−18.3 ptssince 2023
from 33.2% in 2023
US average: 22.9%
Renter cost-burdened
67.6%
+16.1 ptssince 2023
from 51.5% in 2023
US average: 47.4%
Afford Score
4.8
+23%since 2023
from 3.9 in 2023
2020 – 2024
RELATED:See current rent listings in Milmay on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic95.3%(905)
Black4.7%(45)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score11.3%(107)
2024
White, non-Hispanic100%(748)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score0%(0)
Diversity Score
0
−100%since 2023
from 11 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
29.3%
+6.8 ptssince 2023
from 22.5% in 2023
US average: 35.6%
High school or higher
94.4%
+1.4 ptssince 2023
from 93.0% in 2023
US average: 89.6%
Graduate degree
8.4%
+3.3 ptssince 2023
from 5.2% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
28.3 min
+7%since 2023
from 26.4 min in 2023
US average: 26.5
Drive alone to work
63.2%
+6.9 ptssince 2023
from 56.3% in 2023
US average: 68.9%
Carpooled to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
18.6%
−1.0 ptssince 2023
from 19.6% in 2023
US average: 15.0%
Walked to work
5.9%
−6.7 ptssince 2023
from 12.7% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
4.8%
+0.8 ptssince 2023
from 4.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
19.5%
+0.9 ptssince 2023
from 18.6% in 2023
US average: 5.2%
Labor force participation
57.9%
+8.1 ptssince 2023
from 49.7% in 2023
US average: 63.5%
Self-employed
12.5%
−3.4 ptssince 2023
from 15.8% in 2023
US average: 13.1%
Management & professional
55.2%
+12.8 ptssince 2023
from 42.4% in 2023
US average: 42.5%
Section 08

People & community

Male
58.3%
−2.8 ptssince 2023
from 61.1% in 2023
Female
41.7%
+2.8 ptssince 2023
from 38.9% in 2023
Foreign born
1.7%
+0.2 ptssince 2023
from 1.6% in 2023
US average: 14.1%
Veterans
3.4%
+0.3 ptssince 2023
from 3.2% in 2023
US average: 6.2%
With a disability
9.0%
+0.6 ptssince 2023
from 8.4% in 2023
US average: 13.3%
Uninsured
1.5%
+1.5 ptssince 2023
from 0.0% in 2023
US average: 8.4%
Broadband at home
71.3%
−7.6 ptssince 2023
from 78.9% in 2023
US average: 91.0%
English only at home
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

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Compare Milmay to nearby cities

MILMAY VS
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MILMAY VS
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MILMAY VS
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MILMAY VS
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Frequently asked

How many people live in Milmay, New Jersey?

Milmay, New Jersey has about 748 residents according to the 2024 American Community Survey.

What is the median household income in Milmay, New Jersey?

The typical household in Milmay, New Jersey earns about $61,250 a year. Half of households make more than that, and half make less.

Is Milmay, New Jersey expensive?

In Milmay, New Jersey, the median home is worth about $295,600, and the typical rent is about $1,188 a month.

How educated are people in Milmay, New Jersey?

About 29.3% of adults age 25 and over in Milmay, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Milmay, New Jersey?

About 7.5% of people in Milmay, New Jersey live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Milmay, New Jersey: demographics, income & housing data · CensusEasy