New Jersey · Census place 46710
Milmay CDP, NJ
Quick answer
Milmay CDP has 950 residents, ranking #560 of 700 places in New Jersey. Median household income is $60,110, the median home is worth $235,600 and median gross rent runs $1,247 a month.
- Population
- 950Milmay CDP residents
- Median household income
- $60,110Past 12 months, inflation adjusted
- Median home value
- $235,600Owner-occupied units
- Median gross rent
- $1,247Rent plus utilities, monthly
- Median age
- 51.3 yrsAll residents
- Homeownership rate
- 79.1%Owner-occupied households
What the numbers mean in Milmay CDP
Housing cost measured against local earnings.
A household earning the Milmay CDP median would spend about 24.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.8% of residents and 79.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- Vernon Valley CDP 983
- Audubon Park borough 979
- Germania CDP 974
- Vienna CDP 940
- West Cape May borough 934
- Griggstown CDP 928
- Elwood CDP 920
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