Milmay, NJ population, income and ZIP codes

Milmay CDP is a very small community in New Jersey, with 950 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #560 of 700 ranked by population — larger than 20% of them. The median age here is 51.3 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Milmay CDP earn a median of $60,110 a year, 23.5% below the national figure of $78,538 and 44% below the $106,926 median for the 543 New Jersey cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 2.8% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Milmay CDP is valued at $235,600, 22.3% below the national figure and 43% below the $412,500 peer median, while median gross rent runs $1,247 a month, 11.3% below the national figure, or roughly $14,964 across a full year. A household on the local median income would put about 24.9% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 3.9×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 79.1% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

A median age of 51.3 puts Milmay CDP well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages. With 950 residents, a handful of survey responses moves every median on this page. Compare Milmay CDP against its county rather than against national figures.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.