What is the median household income in Millstone Township, NJ?
The median household income in Millstone Township, NJ is $218,472 (±$57,387) a year (2020–2024 American Community Survey).
In Millstone Township, the median household income went from $163,981 in 2015–2019 to $218,472 in 2020–2024 (+33.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $218,472 (±$57,387)
Income in Millstone Township against Monmouth County, its state and the nation
| Millstone Township | Monmouth County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $218,472 (±$57,387) | $124,845 (±$2,115) | $103,556 (±$513) | $80,734 |
| Median renter household income | — | $62,592 (±$3,372) | $62,674 (±$718) | $52,966 |
| Median owner household income | $218,819 (±$56,336) | $151,807 (±$2,620) | $133,477 (±$624) | $100,009 |
| Median gross rent | $3,500 or more | $1,827 (±$30) | $1,720 (±$7) | $1,413 |
In Millstone Township, median household income is higher than in Monmouth County ($124,845).
It is also higher than in New Jersey ($103,556).
It is higher than the national figure ($80,734).
In Monmouth County, Millstone Township ranks 4 of 53 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 24 of 561.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $163,981 (±$17,547) | $218,472 (±$57,387) | +33.2% | No measurable change after inflation |
| Median home value | $584,400 (±$27,572) | $737,400 (±$63,585) | +26.2% | No measurable change after inflation |
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.
Median household income in places near Millstone Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Millstone Township | — | $218,472 (±$57,387) | — |
| Roosevelt Borough | 2.1 mi | $110,000 (±$19,821) | Lower |
| Monroe Manor | 3.9 mi | $176,600 (±$52,415) | Not measurably different |
| Twin Rivers | 4.7 mi | $100,833 (±$18,058) | Lower |
| Stonebridge | 6.0 mi | $127,578 (±$59,715) | Lower |
| East Windsor Township | 6.2 mi | $105,208 (±$11,768) | Lower |
| Hightstown Borough | 6.3 mi | $108,987 (±$15,365) | Lower |
| Manalapan Township | 6.5 mi | $152,832 (±$9,543) | Lower |
| The Ponds | 6.6 mi | $73,249 (±$22,966) | Lower |
Nearby places with a measurably lower figure: Roosevelt Borough, NJ ($110,000), Twin Rivers, NJ ($100,833), Stonebridge, NJ ($127,578).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Monmouth County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 (tie) | Fair Haven Borough | $250,000 or more |
| 1 (tie) | Rumson Borough | $250,000 or more |
| 3 | Little Silver Borough | $240,853 (±$34,724) |
| 4 | Millstone Township | $218,472 (±$57,387) |
| 5 | Spring Lake Borough | $215,625 (±$84,140) |
| 6 | Sea Girt Borough | $213,750 (±$53,445) |
| 7 | Colts Neck Township | $199,573 (±$33,573) |
| 8 | Interlaken Borough | $199,167 (±$27,343) |
| 9 | Marlboro Township | $186,292 (±$13,125) |
| 10 | Upper Freehold Township | $183,750 (±$40,799) |
Showing 10 of 53 places in Monmouth County, ranked from highest to lowest.
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).
Have incomes in Millstone Township kept up with inflation?
In Millstone Township, the median household income went from $163,981 in 2015–2019 to $218,472 in 2020–2024 (+33.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Millstone township, Monmouth County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Millstone township, Monmouth County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Millstone township, Monmouth County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Millstone township, Monmouth County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Millstone township, Monmouth County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Millstone township, Monmouth County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) and detailed tables (acs/acs5) 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 B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 .
Related
- Housing in Millstone Township at a glance
- Home values in Millstone Township
- Homeowner costs in Millstone Township
- Property taxes in Millstone Township
- Types of homes in Millstone Township
- Age of homes in Millstone Township
- Heating fuel in Millstone Township
- Commute and cars in Millstone Township
- Population growth in Millstone Township
- How long people stay in Millstone Township
- Crowding and facilities in Millstone Township
- Fair Market Rent in Millstone Township
- New Jersey landlord and tenant rules
- Housing across Monmouth County
- New Jersey places ranked by median household income
- Housing data for every place in New Jersey