Income & Economy in Milmay, NJ

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$60,110

-18% vs national

Per Capita Income

$39,932

+7% vs national

Poverty Rate

2.8%

-79% vs national

Gini Index

0.4095

0 = perfect equality

Unemployment

18.6%

+257% vs national

SNAP Recipients

0.0%

of households

How Milmay Compares

Source: Census ACS (2023)

Milmay vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Milmay is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Milmay. The median household income here is $60,110.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
14.8%
$25-50K
16.9%
$50-75K
32.8%
$75-100K
20.3%
$100-150K
3.2%
$150-200K
7.6%
$200K+
4.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

18.6%

+226% vs NJ avg

Labor Force

388

Employed

316

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

16.9%

of adults 25+

High School Diploma+

40.5%

of adults 25+

Median Age

51.3

Work from Home

19.6%

of workers

The median household income in Milmay, NJ is $60,110, which is 17.9% below the national average of $73,224. Per capita income is $39,932. The poverty rate of 2.8% is lower than the NJ state average of 7.7%. The Gini index of income inequality is 0.4095, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 18.6%, compared to the state average of 5.7%. 16.9% of adults hold a bachelor's degree or higher.