Milltown, NJ Overview

Milltown residents enjoy a close-knit atmosphere in one of the smallest communities in the Raritan Valley.  Milltown has remained virtually unchanged since its founding in 1816.  It offers outstanding borough services, diversified recreation programs, many senior citizen activities and active businesses.  Major employers have changed over the centuries, but local firms still provide thousands of jobs. 

Summary

Population Growth (since 2000)-1%
Population Density (ppl / mile)4,469.00
Household Size (ppl)2.652
Households w/ Children36%

Housing Stability

Annual Residential Turnover0%
5+ Years in Residency53%
Median Year in Residency5.84

Housing Inventory

Milltown, NJ Housing Inventory 894422,1722,172894422,172

Market Overview

26 listings with an estimated median price of $530,000

PriceCount
$100K - 200K3
$300K - 400K1
$400K - 500K8
$500K - 600K6
$600K - 700K3
$700K - 800K5
Property TypeCount
Single Family18
Condo3
Commercial1
Rental3
Lots and Land2
Multi Family2

(Data as of 5/25/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Milltown, NJ Population Demographics

Total: 6,933

Households:2,614

Median Age: 43.24

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Milltown, NJ Temperature

Weather Risk

Milltown, NJ Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Milltown, NJ Education Climate Index

Highest Education Level Attained

Milltown, NJ Highest Education Level Attained 1,197881368215445411,6361,19788121544541

Employment and Finance

Workforce

Milltown, NJ Workforce

Income by dollar range (Median Income: $105,875)

Milltown, NJ Income by dollar range 7850175748417956123137180343417349462994236

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$1,054
One Bedroom
$1,296
Two Bedroom
$1,654
Three Bedroom
$2,109
Four Bedroom
$2,551

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Milltown, NJ Crime

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