Living in Millstone, New Jersey
Cost of living, income, home prices, rent and demographics of Millstone · Census data 2020–2024
Millstone has 655 residents with a median age of 38.5. The median household income is $141,709 (37% higher than the New Jersey median), the median home value is $494,500, the median rent is $1,375/month.
Millstone is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Millstone at a glance
- Population
- 655
- Median age
- 38.5State: 40.1
- Median household income
- $141,709State: $103,556
- Median home value
- $494,500State: $454,400
- Median rent
- $1,375/moState: $1,720
- Homeowners
- 89.9%
- Bachelor's degree or higher
- 46.5%
- Average commute
- 30 min
Is Millstone a good place to live?
Pros: Median household income 37% higher than the New Jersey median; an average commute of 30 minutes; unemployment of 5.2%; a poverty rate of 3.5%.
Cons: Home values 9% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Millstone
Housing is the biggest part of the cost of living. In Millstone the median home value is $494,500, 49% higher than the U.S. median. Renters pay a median of $1,375 per month, which is 9% of household income. Homeowners with a mortgage pay $2,813 a month in housing costs.
Millstone median household income
The median household income in Millstone is $141,709 and the income per person is $51,390. 3.5% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Millstone: homes for sale and rent
- Housing units
- 217
- Owner-occupied
- 89.9%
- Renter-occupied
- 10.1%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1956
- Average household size
- 2.97
Millstone demographics
- Population
- 655
- Median age
- 38.5
- Under 18
- 18.2%
- 65 and older
- 12.5%
- Households
- 217
- Foreign-born
- 25.2%
- Veterans
- 0.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Millstone ›
Education in Millstone
46.5% of adults 25 and older in Millstone have a bachelor's degree or higher (New Jersey: 43.6%), and 14.7% have a graduate or professional degree.
Jobs and commute in Millstone
- Unemployment rate
- 5.2%State: 6.3%
- Average commute
- 30 minState: 31 min
- Work from home
- 9.2%
- Drive alone
- 54.9%
- Public transit
- 0.7%
- Walk to work
- 1.4%
- Homes with broadband
- 95.9%
Millstone vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Millstone | 655 | $141,709 | $494,500 | $1,375 |
| Blackwells Mills | 10,301 | $250,001 | $735,000 | $3,206 |
| Weston | 2,105 | $83,197 | $548,800 | — |
| Franklin | 68,907 | $124,648 | $457,900 | $2,115 |
| Manville | 10,921 | $93,333 | $354,300 | $1,844 |
| Middlebush | 2,049 | $156,938 | $502,100 | — |
| Franklin Center | 6,646 | $157,212 | $612,000 | $2,748 |
| Six Mile Run | 2,882 | $140,379 | $480,700 | $2,145 |
| Belle Mead | 6,394 | $223,250 | $810,300 | $2,627 |
More for people moving to Millstone
Millstone ZIP code ›Weather and climate ›Living in Millstone: FAQ
What is the median household income in Millstone, NJ?
The median household income in Millstone is $141,709, 37% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Millstone?
The median home value in Millstone is $494,500, compared with $454,400 in New Jersey.
How much is rent in Millstone?
The median gross rent in Millstone is $1,375 per month, about 9% of household income.
Is Millstone, NJ a good place to live?
Pluses: median household income 37% higher than the New Jersey median; an average commute of 30 minutes; unemployment of 5.2%; a poverty rate of 3.5%. Minuses: home values 9% higher than the state median.
What is the median age in Millstone?
The median age in Millstone is 38.5 years (New Jersey: 40.1).
How long is the commute in Millstone?
The average commute to work in Millstone is 30 minutes; 9.2% of workers work from home.
What is the unemployment rate in Millstone?
The unemployment rate in Millstone is 5.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Millstone?
46.5% of adults in Millstone have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: