Housing data for Milltown Borough, NJ
Milltown Borough, NJ has an estimated 7,059 residents and 2,753 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a borough in Middlesex County.
17.6% of households rent.
The median gross rent is $1,204 a month.
Its population grew measurably since 2015–2019 (+0.9%).
Figures last updated on .
- Residents
- 7,059 (±23)
- Housing units
- 2,753 (±205)
- Households that rent
- 17.6%
- Median gross rent
- $1,204
- Residents since 2015–2019
- +0.9%
What stands out in Milltown Borough
Homes in buildings of 5 or more units: 2.2% (±2.3 points) in Milltown Borough, lower than in Middlesex County (24.0%).
Households that rent: 17.6% (±9.4 points) in Milltown Borough, lower than in Middlesex County (36.4%).
Median gross rent: $1,204 (±$519) in Milltown Borough, lower than in Middlesex County ($1,871).
Homes built before 1980: 86.6% (±15.6 points) in Milltown Borough, higher than in Middlesex County (57.4%).
Housing in Milltown Borough at a glance
- Median rent: $1,204 median gross rent a month
- Rent by bedrooms: $1,011 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 52.5% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 17.6% of households rent (Small sample: wide margin of error)
- Income and affordability: $140,960 median household income
- Home values: $458,800 median home value
- Homeowner costs: $2,875 median monthly cost with a mortgage
- Property taxes: $10,000 or more median real estate taxes a year
- Types of homes: 2.2% of homes are in buildings of 5 or more units
- Bedrooms: 82.1% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 86.6% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 87.9% heat with utility gas
- Commute and cars: 28.7 minutes average trip to work
- Crime reported to police: 69 violent crimes per 100,000 residents
- Growth: +0.9% residents since 2015–2019
- How long people stay: 16.0% moved in since 2020
- Crowding and facilities: 0.8% of homes have more than 1 person per room (Small sample: wide margin of error)
Milltown Borough against Middlesex County, its state and the nation
| Milltown Borough | Middlesex County | New Jersey | United States | |
|---|---|---|---|---|
| Residents | 7,059 (±23) | 871,290 (exact) | 9,343,809 (exact) | 334,922,499 |
| Housing units | 2,753 (±205) | 317,979 (±208) | 3,791,354 (±469) | 143,775,355 |
| Households that rent | 17.6% (±9.4 points) | 36.4% (±0.6 points) | 36.2% (±0.2 points) | 34.8% |
| Median gross rent | $1,204 (±$519) | $1,871 (±$20) | $1,720 (±$7) | $1,413 |
| Median household income | $140,960 (±$21,343) | $111,549 (±$1,881) | $103,556 (±$513) | $80,734 |
| Median home value | $458,800 (±$21,324) | $462,900 (±$2,710) | $454,400 (±$1,150) | $332,700 |
| Median real estate taxes (a year) | $10,000 or more | $9,712 (±$68) | $9,590 (±$25) | $3,119 |
| Built before 1980 | 86.6% (±15.6 points) | 57.4% (±1.0 points) | 62.8% (±0.3 points) | 49.7% |
| Average commute | 28.7 minutes (±4.0) | 31.2 minutes (±0.4) | 30.5 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 95.0% (±3.3 points) | 94.3% (±0.4 points) | 92.8% (±0.1 points) | 91.0% |
| Median age of residents | 41.2 years (±3.2) | 39.5 years (±0.3) | 40.1 years (±0.1) | 38.9 years |
Milltown Borough covers 1.6 square miles of land, about 4,542 residents per square mile (Census Bureau Gazetteer).
How Milltown Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 6,998 (±33) | 7,059 (±23) | +0.9% | Measurable increase |
| Housing units | 2,505 (±204) | 2,753 (±205) | +9.9% | Not a measurable change |
| Median gross rent | $1,673 (±$223) | $1,204 (±$519) | −28.0% | Down after inflation |
| Median home value | $343,000 (±$12,309) | $458,800 (±$21,324) | +33.8% | Up after inflation |
| Median household income | $101,563 (±$21,089) | $140,960 (±$21,343) | +38.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $2,708 (±$179) | $2,875 (±$331) | +6.2% | Down after inflation |
| Households that rent | 20.9% (±7.4 points) | 17.6% (±9.4 points) | −3.3 percentage points | Not a measurable change |
| Rental vacancy rate | 9.0% (±13.8 points) | 0.0% (±9.2 points) | −9.0 percentage points | Not 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 Milltown Borough
In 2025, the Milltown Police Department reported 69 violent and 1,528 property crimes per 100,000 residents to the FBI.
ZIP codes in Milltown Borough
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 08850 | 67% | 8,538 | $1,218 | $470,700 | $141,601 |
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 Milltown Borough
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| East Brunswick Township | 1.9 mi | $2,045 | $521,900 | 20.0% |
| North Brunswick Township | 2.3 mi | $2,117 | $431,500 | 42.9% |
| New Brunswick | 2.6 mi | $1,814 | $353,800 | 78.6% |
| South River Borough | 3.0 mi | $1,675 | $405,200 | 34.4% |
| Highland Park Borough | 3.5 mi | $1,873 | $471,700 | 59.7% |
| East Franklin | 3.5 mi | $2,056 | $385,900 | 51.7% |
| Voorhees | 3.8 mi | $1,531 | $388,200 | 50.8% |
| Spotswood Borough | 4.5 mi | $1,079 | $369,900 | 13.8% |
Places in New Jersey most like Milltown Borough
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Millstone Borough | $1,375 | $494,500 | $141,709 | 10.1% |
| Oakland Borough | $1,383 | $591,300 | $162,019 | 7.1% |
| Riverton Borough | $1,431 | $363,000 | $121,198 | 23.2% |
| Hazlet Township | $1,400 | $465,900 | $122,020 | 11.1% |
| Newfoundland | $1,495 | $434,600 | $138,385 | 16.0% |
| Byram Center | $1,526 | $366,900 | $132,857 | 4.6% |
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 Milltown Borough, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,953 | $2,103 | $2,623 | $3,125 | $3,508 |
HUD income limits for Milltown Borough, fiscal year 2026
| Household size | Extremely 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.
What you can do on Seayora in Milltown Borough
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Milltown Borough beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Milltown Borough, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Milltown Borough, and send estimates and invoices from your phone.
Questions about Milltown Borough
What is the average rent in Milltown Borough, NJ?
The Census Bureau publishes the median rather than the average: the median gross rent in Milltown Borough is $1,204 (±$519) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
What is the median household income in Milltown Borough?
The median household income in Milltown Borough is $140,960 (±$21,343) a year (2020–2024 American Community Survey).
What is the average home value in Milltown Borough, NJ?
The Census Bureau publishes the median: $458,800 (±$21,324) for owner-occupied homes in Milltown Borough (2020–2024 American Community Survey).
What is the average mortgage payment in Milltown Borough?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Milltown Borough, NJ is $2,875 (±$331) a month, including taxes, insurance and utilities.
How much are property taxes in Milltown Borough?
The median real estate tax paid by homeowners in Milltown Borough, NJ is $10,000 or more a year (2020–2024 American Community Survey).
How many homes are in Milltown Borough?
Milltown Borough, NJ has an estimated 2,753 (±205) housing units, occupied and vacant (2020–2024 American Community Survey).
Is Milltown Borough growing?
In Milltown Borough, the number of residents went from 6,998 in 2015–2019 to 7,059 in 2020–2024 (+0.9%), a measurable increase.
What ZIP codes are in Milltown Borough?
The ZIP code that covers Milltown Borough is 08850.
What is the median rent in ZIP code 08850?
The median gross rent in ZIP Code Tabulation Area 08850 is $1,218 (±$599) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Milltown borough, Middlesex County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Milltown borough, Middlesex County, New Jersey
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Milltown borough, Middlesex County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Milltown borough, Middlesex County, New Jersey
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Milltown borough, Middlesex County, New Jersey
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Milltown borough, Middlesex County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Milltown borough, Middlesex County, New Jersey
- HUD Fair Market Rents, fiscal year 2027: Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Milltown Police Department (ORI NJ0121200)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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 Milltown borough, Middlesex County, New Jersey (county subdivision:46620, in state:34 county:023).
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.
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 .