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Milmay CDP, New Jersey Demographics & Population 2026

As of 2026, Milmay CDP, New Jersey has a total population of 950, the 560th largest city in New Jersey, with a median household income of $60,110, which is 41% lower than the state average. The poverty rate is 2.8%.

Key Takeaways

Milmay CDP Quick Facts

Population 950
Median Household Income $60,110
Median Home Value $235,600
Poverty Rate 2.8%
Unemployment Rate 18.6%
Median Age 51.3 years
Homeownership Rate 79.1%
Affordability Ratio 3.9x
Bachelor's Degree or Higher 22.5%
High School Graduation Rate 93.0%
Diversity Index 9/100
Population 950 560th of 700
Median Income $60,110 bottom 10%
Poverty Rate 2.8% 77% lower national
Median Home Value $235,600 bottom 20%

How Milmay CDP Compares

Economy & Housing

Employment

18.6% Unemployment Rate State: 6.2% | National: 5.2%
49.7% Labor Force Participation

Housing Overview

Owner 79.1%
Renter 20.9%
Affordability Index Affordable
3.9x home value to income ratio

People & Demographics

Diversity Index

9out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 60

Education

Milmay CDP Rankings in New Jersey

#560 Population of 700
#618 Median Income of 700
#584 Education of 700
#575 Home Value of 700

Cities Similar to Milmay CDP

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Fairton CDP918$62,250$171,3009.3%13.2%
Audubon Park borough979$53,333$93,80013.1%13.1%
Elwood CDP920$68,698$170,3005.4%8.2%
Rosenhayn CDP1,066N/A$210,40022.9%3.6%
Mount Royal CDP1,077N/A$417,40034.8%0.0%

Population Overview

Milmay CDP is a small community located in New Jersey. The total population is 950. It ranks as the 560th most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Milmay CDP is 51.3 years. This is 28% higher than the state median of 40.1 years. 14.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Milmay CDP is $60,110. This is 41% lower than the state median of $101,050. Compared to the national median of $78,538, household income here is 23% lower. The poverty rate stands at 2.8%. This is 71% 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 18.6%. This is 201% higher than the state rate of 6.2%. The median home value is $235,600. Housing costs are 45% lower than the state median of $427,600. The home-value-to-income ratio is 3.9x. 79.1% of occupied housing units are owner-occupied. This homeownership rate is 24% higher than the state average of 63.7%.

Race & Ethnicity

Milmay CDP has a predominantly White (non-Hispanic) population, comprising 95.3% of all residents. Black or African American residents account for 4.7%. The White (non-Hispanic) population is significantly higher than the state average (95.3% vs 51.9%). The Black or African American population (4.7%) is well below the state average of 12.3%.

Education

22.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% lower 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 93.0%.

Data Sources & Methodology

All demographic data for Milmay CDP, 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 Milmay CDP, New Jersey?

Milmay CDP, New Jersey has a population of 950 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Milmay CDP, NJ?

The median household income in Milmay CDP is $60,110, which is 23% lower the national median of $78,538.

What is the poverty rate in Milmay CDP, NJ?

The poverty rate in Milmay CDP is 2.8%. This means approximately 27 residents live below the federal poverty line.

What is the racial makeup of Milmay CDP, New Jersey?

Milmay CDP's population is 95.3% White, 4.7% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Milmay CDP, NJ?

The median home value in Milmay CDP is $235,600. The home-value-to-income ratio is 3.9x.

How educated is Milmay CDP, New Jersey?

22.5% of adults (25+) in Milmay CDP hold a bachelor's degree or higher, and 5.2% hold a graduate or professional degree.