Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.5 yrs |
|---|---|
| Avg HH Size | 2.18 |
| Below Poverty | 0.9% ▼ 91% below avg |
| College Grads | 34.9% ▼ 10% below avg |
| Unemployment | 14.4% ▲ 193% above avg |
| No HS Diploma | 5 (0.8%) |
| HS Graduate | 170 (28.4%) |
| Some College | 75 (12.5%) |
| Associates | 140 (23.4%) |
| Bachelors | 66 (11%) |
| Graduate Degree | 143 (23.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $72,813 ≈ Avg |
|---|---|
| Median Home Value | $242,800 ▼ 13% below avg |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $1,247/mo |
| Total Housing Units | 399 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Milmay is a city in New Jersey, located in Atlantic County. The city spans 1 ZIP code and is home to approximately 876 residents. It is a mature city, with a median age of 48.5 years.
Economically, Milmay is a solidly middle-class community. The median household income of $72,813 is near the national average. Approximately 0.9% of residents live below the poverty line. The unemployment rate is 14.4%, more than double the national average.
The real estate market in Milmay is an affordable housing market. Median home values stand at $242,800, which is near the national average. Renters typically pay around $1,247 per month. Homeownership is high at 75.2%, typical of suburban and family-oriented communities.
The population of Milmay is moderately educated. 34.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (94.86%).
Milmay, NJ offers residents a cost-conscious lifestyle within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 08340 | 876 | $72,813 | $242,800 | $1,247 | 14.4% | 34.9% | 75.2% |