Median Income
$59,792
household / year
Median Home Value
$235,100
owner-occupied
Median Rent
$1,430
gross / month
Cost of Living
97
national avg = 100

Is Milmay, NJ a Good Place to Live?

Milmay is a small town of 1,042 in New Jersey, with a median household income of $59,792 and a 8.2% unemployment rate. Its cost of living index is 97 (US average = 100), which is 3% below the national average.

Strengths: Milmay stands out for below-average home prices.

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Milmay is right for you depends on your priorities — the full breakdown is below.

All Milmay city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 97.2

Milmay's overall cost of living index is 97.2, where 100 represents the US national average. Living in Milmay costs roughly 3% less than the average American city.

Metric Milmay, NJ National Avg
Median Home Value $235,100 $244,900
Median Monthly Rent $1,430 $1,163
Homeownership Rate 75.9% 65.9%
Median Household Income $59,792 $74,755

Crime & Safety

Safer than Average

Milmay's violent crime rate is 329.6 per 100,000 residents — 13% lower than the national average of ~380 per 100,000.

Violent Crime
329.6 /100k
Property Crime
1468.5 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Milmay, NJ National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 23.9% 35.4%
High School Diploma or Higher 94.1% 91.1%

Weather & Climate

Milmay sees average highs of 43.2°F in January and 86.5°F in July, with 50.6 inches of annual precipitation and 22.0 inches of snow per year.

MetricMilmay, NJ
Average High — January43.2°F
Average High — July86.5°F
Annual Precipitation50.6"
Annual Snowfall22.0"

Demographics

MetricMilmay, NJNational Avg
Population1,042—
Median Age38.038.9
Unemployment Rate8.2%3.7%
Avg Commute Time32.9 min26 min
White (non-Hispanic)94.0%59.3%
Black or African American4.1%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1827.4%22.2%
65 and over31.1%16.8%

Nearby Cities

ZIP Codes in Milmay

Milmay, NJ is covered by 1 ZIP code:

Milmay vs Other Cities

Frequently Asked Questions

Milmay's cost of living index is 97, where 100 is the national average. That makes Milmay roughly 3% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $235,100 and median rent is $1,430/month.
Milmay's violent crime rate is 329.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1468.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Milmay, NJ has a population of 1,042, a median household income of $59,792, and an unemployment rate of 8.2%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Milmay averages 43.2°F in January and 86.5°F in July. Annual rainfall is 50.6 inches with about 22.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Milmay, NJ is covered by 1 ZIP code: 08340.
The population of Milmay, New Jersey is 1,042 with a median age of 38.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Milmay: cost of living index 97 (100 = US average), median home $235,100, median household income $59,792, crime index 80 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Milmay side by side with your current city to see the trade-offs.