Millburn township, New Jersey Population

Millburn township, New Jersey has a population of 21,484, with a median household income of $214,114.

Current population data for Millburn township.

21,484

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Population

21,484

💰

Median Income

$214,114

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Unemployment

1.20%

🏠

Housing Price

$1,122,114

🚨

Crime Rate

0.10

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Internet Speed

292.70 Mbps

Millburn township is a small local community located in New Jersey. The city has a population that is above the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Millburn township is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Millburn township has a population of 21,484, which is higher than the state average. This indicates a relatively larger urban presence within New Jersey.

Income and Economy

The median household income in Millburn township is $214,114, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Millburn township average around $1,122,114, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Millburn township is 1.20%, which is lower than the state average, indicating a relatively strong job market. Millburn township has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in New Jersey, Millburn township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Millburn township offers a balanced mix of economic conditions, population trends, and housing opportunities within New Jersey.

Frequently Asked Questions about Millburn township

What is the population of Millburn township?

The population of Millburn township is approximately 21,484.

Is Millburn township a good place to live?

Millburn township offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Millburn township?

The median household income in Millburn township is around $214,114.

How expensive is housing in Millburn township?

The average housing price in Millburn township is approximately $1,122,114.