Housing data for Millstone Township, NJ

Millstone Township, NJ has an estimated 10,385 residents and 3,508 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Monmouth County.

1.9% of households rent.

The median gross rent is $3,500 or more a month.

Its population shrank measurably since 2015–2019 (−0.6%).

Figures last updated on .

Residents
10,385 (±43)
Housing units
3,508 (±185)
Households that rent
1.9%
Median gross rent
$3,500 or more
Residents since 2015–2019
−0.6%

What stands out in Millstone Township

Households that rent: 1.9% (±1.7 points) in Millstone Township, lower than in Monmouth County (24.4%).

Median household income: $218,472 (±$57,387) in Millstone Township, higher than in Monmouth County ($124,845).

Homes in buildings of 5 or more units: 0.0% (±2.3 points) in Millstone Township, lower than in Monmouth County (16.9%).

Homes built before 1980: 33.8% (±7.6 points) in Millstone Township, lower than in Monmouth County (57.1%).

Housing in Millstone Township at a glance

  • Median rent: $3,500 or more median gross rent a month (Small sample: wide margin of error)
  • Rent burden: 40.0% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 1.9% of households rent (Small sample: wide margin of error)
  • Income and affordability: $218,472 median household income
  • Home values: $737,400 median home value
  • Homeowner costs: $4,000 or more median monthly cost with a mortgage
  • Property taxes: $10,000 or more median real estate taxes a year
  • Types of homes: 0.0% of homes are in buildings of 5 or more units
  • Bedrooms: 93.6% of homes have 3 or more bedrooms (Small sample: wide margin of error)
  • Age of homes: 33.8% of homes were built before 1980
  • Vacancy rate: 45.6% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 88.7% heat with utility gas
  • Commute and cars: 35.8 minutes average trip to work
  • Growth: −0.6% residents since 2015–2019
  • How long people stay: 12.8% moved in since 2020
  • Crowding and facilities: 2.0% of homes have more than 1 person per room
  • Fair Market Rent: $2,660 Small Area FMR, 2 bedrooms (ZIP 08510)

Millstone Township against Monmouth County, its state and the nation

Estimate (90% margin of error)
Millstone TownshipMonmouth CountyNew JerseyUnited States
Residents10,385 (±43)645,353 (exact)9,343,809 (exact)334,922,499
Housing units3,508 (±185)270,415 (±215)3,791,354 (±469)143,775,355
Households that rent1.9% (±1.7 points)24.4% (±0.6 points)36.2% (±0.2 points)34.8%
Median gross rent$3,500 or more$1,827 (±$30)$1,720 (±$7)$1,413
Median household income$218,472 (±$57,387)$124,845 (±$2,115)$103,556 (±$513)$80,734
Median home value$737,400 (±$63,585)$606,100 (±$5,540)$454,400 (±$1,150)$332,700
Median real estate taxes (a year)$10,000 or more$10,000 or more$9,590 (±$25)$3,119
Built before 198033.8% (±7.6 points)57.1% (±1.1 points)62.8% (±0.3 points)49.7%
Average commute35.8 minutes (±2.4)32.1 minutes (±0.4)30.5 minutes (±0.1)26.4 minutes
Households with broadband96.2% (±3.0 points)93.7% (±0.4 points)92.8% (±0.1 points)91.0%
Median age of residents45.0 years (±4.6)43.2 years (±0.2)40.1 years (±0.1)38.9 years

Millstone Township covers 36.6 square miles of land, about 284 residents per square mile (Census Bureau Gazetteer).

How Millstone Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents10,443 (±24)10,385 (±43)−0.6%Measurable decrease
Housing units3,576 (±167)3,508 (±185)−1.9%Not a measurable change
Median home value$584,400 (±$27,572)$737,400 (±$63,585)+26.2%No measurable change after inflation
Median household income$163,981 (±$17,547)$218,472 (±$57,387)+33.2%No measurable change after inflation
Households that rent7.2% (±4.1 points)1.9% (±1.7 points)−5.3 percentage pointsMeasurable decrease
Rental vacancy rate0.0% (±13.3 points)45.6% (±45.5 points)+45.6 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 Monmouth County

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

In 2024, the police departments that report for Monmouth County recorded 109 violent and 1,159 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.

ZIP codes in Millstone Township

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
08510100%5,386—$740,700$225,966
08535100%4,999—$734,100$209,732

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Millstone Township

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Roosevelt Borough2.1 mi$2,507$364,90021.3%
Monroe Manor3.9 mi$1,882$656,80022.4%
Twin Rivers4.7 mi$1,753$301,40031.1%
Stonebridge6.0 mi—$646,8001.9%
East Windsor Township6.2 mi$1,626$397,40038.9%
Hightstown Borough6.3 mi$1,606$342,60027.6%
Manalapan Township6.5 mi$1,960$655,50010.3%
The Ponds6.6 mi$1,791$373,80032.6%

HUD Fair Market Rent for Millstone Township, fiscal year 2027

Monmouth-Ocean, NJ HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,671$1,847$2,283$2,927$3,241

HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.

HUD income limits for Millstone Township, fiscal year 2026

Monmouth-Ocean, NJ HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$29,550$49,250$76,000
2 people$33,800$56,250$86,850
3 people$38,000$63,300$97,700
4 people$42,200$70,300$108,550
5 people$45,600$75,950$117,250
6 people$49,000$81,550$125,950
7 people$52,350$87,200$134,650
8 people$55,750$92,800$143,300

These are the limits HUD sets for its housing programs in the Monmouth-Ocean, NJ HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $140,600.

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 Township

What is the median household income in Millstone Township?

The median household income in Millstone Township is $218,472 (±$57,387) a year (2020–2024 American Community Survey).

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

The Census Bureau publishes the median: $737,400 (±$63,585) for owner-occupied homes in Millstone Township (2020–2024 American Community Survey).

What is the average mortgage payment in Millstone Township?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Millstone Township, NJ is $4,000 or more a month, including taxes, insurance and utilities.

How much are property taxes in Millstone Township?

The median real estate tax paid by homeowners in Millstone Township, NJ is $10,000 or more a year (2020–2024 American Community Survey).

How many homes are in Millstone Township?

Millstone Township, NJ has an estimated 3,508 (±185) housing units, occupied and vacant (2020–2024 American Community Survey).

How old are most homes in Millstone Township?

33.8% of homes in Millstone Township, NJ were built before 1980 (2020–2024 American Community Survey).

Is Millstone Township growing?

In Millstone Township, the number of residents went from 10,443 in 2015–2019 to 10,385 in 2020–2024 (−0.6%), a measurable decrease.

What ZIP codes are in Millstone Township?

The ZIP codes that cover Millstone Township are 08510, 08535.

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 township, Monmouth County, New Jersey (county subdivision:46560, in state:34 county:025).

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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