Downtown Millburn, NJ Overview

Summary

Population Growth (since 2000)-7%
Population Density (ppl / mile)4,241.10
Household Size (ppl)2
Households w/ Children30%

Housing Stability

Annual Residential Turnover18%
5+ Years in Residency34%
Median Year in Residency3.59

Housing Inventory

Downtown Millburn, NJ Housing Inventory 3139428431394

Market Overview

13 listings with an estimated median price of $995,000

PriceCount
$0 - 100K3
$500K - 600K1
$700K - 800K1
$900K - 1M4
$1M - Max4
Property TypeCount
Single Family3
Condo6
Commercial3
Rental13
Multi Family1

(Data as of 10/13/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Downtown Millburn, NJ Population Demographics

Total: 1,377

Households:597

Median Age: 39.10

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Downtown Millburn, NJ Temperature

Weather Risk

Downtown Millburn, NJ Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Downtown Millburn, NJ Education Climate Index

Highest Education Level Attained

Downtown Millburn, NJ Highest Education Level Attained 179106373433239368179106373433239368

Employment and Finance

Workforce

Downtown Millburn, NJ Workforce

Income by dollar range (Median Income: $102,383)

Downtown Millburn, NJ Income by dollar range 5814204216101213406978804650263928

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$1,064
One Bedroom
$1,301
Two Bedroom
$1,486
Three Bedroom
$1,779
Four Bedroom
$1,967

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Downtown Millburn, NJ Crime

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