Living in Millstone, New Jersey
Cost of living, income, home prices, rent and demographics of Millstone · Census data 2020–2024
Millstone has 10,385 residents with a median age of 45. The median household income is $218,472 (111% higher than the New Jersey median), the median home value is $737,400, the median rent is $3,501/month.
Millstone at a glance
- Population
- 10,385
- Median age
- 45State: 40.1
- Median household income
- $218,472State: $103,556
- Median home value
- $737,400State: $454,400
- Median rent
- $3,501/moState: $1,720
- Homeowners
- 98.1%
- Bachelor's degree or higher
- 53.8%
- Average commute
- 36 min
Is Millstone a good place to live?
Pros: Median household income 111% higher than the New Jersey median; unemployment of 2.4%; a poverty rate of 4.1%.
Cons: Home values 62% higher than the state median; an average commute of 36 minutes.
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 $737,400, 122% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 14.2% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Millstone median household income
The median household income in Millstone is $218,472 and the income per person is $82,390. 4.1% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Millstone: homes for sale and rent
- Housing units
- 3,508
- Owner-occupied
- 98.1%
- Renter-occupied
- 1.9%
- Vacant
- 4.4%Includes seasonal homes
- Median year built
- 1991
- Average household size
- 3.08
Millstone demographics
- Population
- 10,385
- Median age
- 45
- Under 18
- 19.4%
- 65 and older
- 16.5%
- Households
- 3,352
- Foreign-born
- 12.5%
- Veterans
- 3.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Millstone ›
Education in Millstone
53.8% of adults 25 and older in Millstone have a bachelor's degree or higher (New Jersey: 43.6%), and 18.2% have a graduate or professional degree.
Jobs and commute in Millstone
- Unemployment rate
- 2.4%State: 6.3%
- Average commute
- 36 minState: 31 min
- Work from home
- 16.7%
- Drive alone
- 72.2%
- Public transit
- 1.5%
- Walk to work
- 0.2%
- Homes with broadband
- 96.2%
Millstone vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Millstone | 10,385 | $218,472 | $737,400 | $3,501 |
| Roosevelt | 996 | $110,000 | $364,900 | $2,507 |
| Monroe Manor | 2,286 | $176,600 | $656,800 | $1,882 |
| Renaissance at Monroe | 581 | $104,728 | $531,300 | — |
| Twin Rivers | 8,382 | $100,833 | $301,400 | $1,753 |
| Stonebridge | 1,966 | $127,578 | $646,800 | — |
| East Windsor | 30,062 | $105,208 | $397,400 | $1,626 |
| Hightstown | 5,920 | $108,987 | $342,600 | $1,606 |
| Manalapan | 40,693 | $152,832 | $655,500 | $1,960 |
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 $218,472, 111% 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 $737,400, compared with $454,400 in New Jersey.
How much is rent in Millstone?
The median gross rent in Millstone is $3,501 per month, about 14.2% of household income.
Is Millstone, NJ a good place to live?
Pluses: median household income 111% higher than the New Jersey median; unemployment of 2.4%; a poverty rate of 4.1%. Minuses: home values 62% higher than the state median; an average commute of 36 minutes.
What is the median age in Millstone?
The median age in Millstone is 45 years (New Jersey: 40.1).
How long is the commute in Millstone?
The average commute to work in Millstone is 36 minutes; 16.7% of workers work from home.
What is the unemployment rate in Millstone?
The unemployment rate in Millstone is 2.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Millstone?
53.8% 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.
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