Housing data for Millstone Borough, NJ

Millstone Borough, NJ has an estimated 655 residents and 217 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a borough in Somerset County.

10.1% of households rent.

The median gross rent is $1,375 a month.

Figures last updated on .

Residents
655 (±232)
Housing units
217 (±62)
Households that rent
10.1%
Median gross rent
$1,375
Residents since 2015–2019
+31.5%

What stands out in Millstone Borough

Homes built before 1980: 96.7% (±27.6 points) in Millstone Borough, higher than in Somerset County (46.3%).

Households that rent: 10.1% (±5.4 points) in Millstone Borough, lower than in Somerset County (25.7%).

Working from home: 9.2% (±6.2 points) in Millstone Borough, lower than in Somerset County (22.7%).

Households without a vehicle: 0.9% (±1.0 points) in Millstone Borough, lower than in Somerset County (4.0%).

Housing in Millstone Borough at a glance

  • Median rent: $1,375 median gross rent a month (Small sample: wide margin of error)
  • Rent burden: 17.6% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 10.1% of households rent (Small sample: wide margin of error)
  • Income and affordability: $141,709 median household income
  • Home values: $494,500 median home value
  • Homeowner costs: $2,813 median monthly cost with a mortgage
  • Property taxes: $8,849 median real estate taxes a year
  • Types of homes: 0.9% of homes are in buildings of 5 or more units
  • Bedrooms: 85.7% of homes have 3 or more bedrooms
  • Age of homes: 96.7% of homes were built before 1980
  • Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 95.4% heat with utility gas
  • Commute and cars: 30.3 minutes average trip to work
  • Growth: +31.5% residents since 2015–2019 (Small sample: wide margin of error)
  • How long people stay: 10.1% moved in since 2020 (Small sample: wide margin of error)
  • Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)

Millstone Borough against Somerset County, its state and the nation

Estimate (90% margin of error)
Millstone BoroughSomerset CountyNew JerseyUnited States
Residents655 (±232)349,846 (exact)9,343,809 (exact)334,922,499
Housing units217 (±62)133,639 (±156)3,791,354 (±469)143,775,355
Households that rent10.1% (±5.4 points)25.7% (±0.9 points)36.2% (±0.2 points)34.8%
Median gross rent$1,375 (±$856)$2,033 (±$52)$1,720 (±$7)$1,413
Median household income$141,709 (±$12,192)$140,374 (±$3,294)$103,556 (±$513)$80,734
Median home value$494,500 (±$63,552)$552,100 (±$7,374)$454,400 (±$1,150)$332,700
Median real estate taxes (a year)$8,849 (±$164)$10,000 or more$9,590 (±$25)$3,119
Built before 198096.7% (±27.6 points)46.3% (±1.3 points)62.8% (±0.3 points)49.7%
Average commute30.3 minutes (±4.0)31.4 minutes (±0.7)30.5 minutes (±0.1)26.4 minutes
Households with broadband95.9% (±4.1 points)95.8% (±0.5 points)92.8% (±0.1 points)91.0%
Median age of residents38.5 years (±8.7)41.8 years (±0.2)40.1 years (±0.1)38.9 years

Millstone Borough covers 0.7 square miles of land, about 962 residents per square mile (Census Bureau Gazetteer).

How Millstone Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents498 (±97)655 (±232)+31.5%Not a measurable change
Housing units172 (±25)217 (±62)+26.2%Not a measurable change
Median gross rent$2,550 (±$2,225)$1,375 (±$856)−46.1%No measurable change after inflation
Median home value$360,500 (±$22,121)$494,500 (±$63,552)+37.2%No measurable change after inflation
Median household income$117,500 (±$22,856)$141,709 (±$12,192)+20.6%No measurable change after inflation
Median owner cost with a mortgage$2,552 (±$180)$2,813 (±$115)+10.2%Down after inflation
Median real estate taxes$9,047 (±$552)$8,849 (±$164)−2.2%Down after inflation
Households that rent8.4% (±5.9 points)10.1% (±5.4 points)+1.7 percentage pointsNot a measurable change
Rental vacancy rate13.3% (±19.1 points)0.0% (±74.4 points)−13.3 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Somerset County

Millstone Borough has no police department of its own in the FBI’s figures, so this is the figure for Somerset County as a whole.

In 2025, the police departments that report for Somerset County recorded 60 violent and 566 property crimes per 100,000 residents.

A county-wide figure describes the whole county, not this place; crime varies from one community to the next.

Places near Millstone Borough

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Blackwells Mills1.3 mi$3,206$735,0004.9%
Weston1.9 mi—$548,8001.7%
Franklin Township (Somerset County)2.9 mi$2,115$457,90030.7%
Manville Borough2.9 mi$1,844$354,30023.0%
Hillsborough3.1 mi$1,986$435,70020.1%
Middlebush3.2 mi—$502,1001.3%
Franklin Center3.6 mi$2,748$612,00025.5%
Six Mile Run3.8 mi$2,145$480,70031.4%

Places in New Jersey most like Millstone Borough

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Milltown Borough$1,204$458,800$140,96017.6%
Oakland Borough$1,383$591,300$162,0197.1%
Byram Center$1,526$366,900$132,8574.6%
Hazlet Township$1,400$465,900$122,02011.1%
Ringwood Borough$1,750$449,800$152,4143.8%
Riverton Borough$1,431$363,000$121,19823.2%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New Jersey.

HUD Fair Market Rent for Millstone Borough, fiscal year 2027

Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,953$2,103$2,623$3,125$3,508

HUD income limits for Millstone Borough, fiscal year 2026

Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$32,550$54,200$80,200
2 people$37,200$61,950$91,700
3 people$41,850$69,700$103,150
4 people$46,450$77,400$114,600
5 people$50,200$83,600$123,800
6 people$53,900$89,800$132,950
7 people$57,600$96,000$142,150
8 people$61,350$102,200$151,300

These are the limits HUD sets for its housing programs in the Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $154,800.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Millstone Borough

What is the median household income in Millstone Borough?

The median household income in Millstone Borough is $141,709 (±$12,192) a year (2020–2024 American Community Survey).

What is the average home value in Millstone Borough, NJ?

The Census Bureau publishes the median: $494,500 (±$63,552) for owner-occupied homes in Millstone Borough (2020–2024 American Community Survey).

What is the average mortgage payment in Millstone Borough?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Millstone Borough, NJ is $2,813 (±$115) a month, including taxes, insurance and utilities.

How much are property taxes in Millstone Borough?

The median real estate tax paid by homeowners in Millstone Borough, NJ is $8,849 (±$164) a year (2020–2024 American Community Survey).

How many homes are in Millstone Borough?

Millstone Borough, NJ has an estimated 217 (±62) housing units, occupied and vacant (2020–2024 American Community Survey).

What is the most common home size in Millstone Borough?

The most common size is 3 bedrooms, 37.8% of homes in Millstone Borough, NJ.

Is Millstone Borough growing?

In Millstone Borough, the number of residents went from 498 in 2015–2019 to 655 in 2020–2024 (+31.5%), not a measurable change.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Millstone borough, Somerset County, New Jersey (county subdivision:46590, in state:34 county:035).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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