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Millstone borough, New Jersey Demographics & Population 2026

As of 2026, Millstone borough, New Jersey has a total population of 606, the 600th largest city in New Jersey, with a median household income of $139,209, which is 38% higher than the state average. The poverty rate is 4.5%.

Key Takeaways

Millstone borough Quick Facts

Population 606
Median Household Income $139,209
Median Home Value $486,200
Poverty Rate 4.5%
Unemployment Rate 6.2%
Median Age 42.3 years
Homeownership Rate 88.4%
Affordability Ratio 3.5x
Bachelor's Degree or Higher 48.6%
High School Graduation Rate 87.8%
Diversity Index 54/100
Population 606 600th of 700
Median Income $139,209 top 30%
Poverty Rate 4.5% 64% lower national
Median Home Value $486,200 above average

How Millstone borough Compares

Economy & Housing

Employment

6.2% Unemployment Rate State: 6.2% | National: 5.2%
74.3% Labor Force Participation

Housing Overview

Owner 88.4%
Renter 11.6%
Affordability Index Affordable
3.5x home value to income ratio

People & Demographics

Diversity Index

54out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 65 | National average: 60

Education

Millstone borough Rankings in New Jersey

#600 Population of 700
#163 Median Income of 700
#281 Education of 700
#228 Home Value of 700

Other Cities in Somerset County

CityPopulationMedian IncomePovertyHome Value
North Plainfield borough 22,667 $83,529 14.0% $350,700
Somerville borough 12,958 $103,869 6.2% $403,600
Bound Brook borough 12,023 $80,876 10.6% $362,900
Manville borough 10,870 $93,872 12.3% $321,100
Raritan borough 8,192 $103,699 7.0% $449,200
Bernardsville borough 7,871 $231,006 1.0% $737,600
Watchung borough 6,429 $166,536 2.1% $833,300
South Bound Brook borough 4,833 $102,019 16.4% $345,300
Peapack and Gladstone borough 2,547 $184,231 2.4% $843,400
Far Hills borough 1,004 $152,188 5.3% $798,900

Cities Similar to Millstone borough

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Nesco CDP626N/A$378,60045.9%0.0%
Neshanic CDP625$145,592$516,40047.1%0.0%
Three Bridges CDP564N/A$525,90029.0%4.1%
Pleasant Plains CDP536N/A$576,10049.7%0.0%
Titusville CDP594$175,855$344,70045.8%5.2%

Population Overview

Millstone borough is a small community located in New Jersey, within Somerset County. The total population is 606. It ranks as the 600th most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Millstone borough is 42.3 years. This is 5% higher than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Millstone borough is $139,209. This is 38% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 77% higher. The poverty rate stands at 4.5%. This is 54% lower than the state poverty rate of 9.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 6.2%. This is 1% higher than the state rate of 6.2%. The median home value is $486,200. Housing costs are 14% higher than the state median of $427,600. The home-value-to-income ratio is 3.5x. 88.4% of occupied housing units are owner-occupied. This homeownership rate is 39% higher than the state average of 63.7%.

Race & Ethnicity

The largest racial or ethnic group in Millstone borough is White (non-Hispanic), making up 60.7% of the population. Hispanic or Latino residents account for 27.9%. The Black or African American population (3.3%) is well below the state average of 12.3%. The Asian population (1.3%) is well below the state average of 9.8%.

Education

48.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 13% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.8%.

Data Sources & Methodology

All demographic data for Millstone borough, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Millstone borough, New Jersey?

Millstone borough, New Jersey has a population of 606 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Millstone borough, NJ?

The median household income in Millstone borough is $139,209, which is 77% higher the national median of $78,538.

What is the poverty rate in Millstone borough, NJ?

The poverty rate in Millstone borough is 4.5%. This means approximately 27 residents live below the federal poverty line.

What is the racial makeup of Millstone borough, New Jersey?

Millstone borough's population is 60.7% White, 3.3% Black, 27.9% Hispanic/Latino, and 1.3% Asian.

What is the median home value in Millstone borough, NJ?

The median home value in Millstone borough is $486,200. The home-value-to-income ratio is 3.5x.

How educated is Millstone borough, New Jersey?

48.6% of adults (25+) in Millstone borough hold a bachelor's degree or higher, and 12.9% hold a graduate or professional degree.