Zip Code
08850
City
Milltown, NJ
Population & Migration
What is the forecasted population for Zip code 08850 Milltown, NJ?
- Population census 2020
- 8,420
- Forecasted population 2025
- 8,607
- 0.02% vs. 2020
- Forecasted population 2030
- 8,756
- 0.04% vs. 2020
Zip code 08850 Milltown, NJ population is forecasted to decrease 0.02% by 2025 (-2.5 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 8,607 people for 2025 zip code 08850 Milltown, NJ will generate a good demand for housing, which is expected to have a deficit of 125 houses for 2030. Vacancy rate is 8.0 points below national US average.
- Total homes available 2020
- 3,130
- Estimated total home demand in 2030
- 3,255
- Total homes balance inventory
- 125
Average Household Income in zip code 08850 Milltown, NJ
from Internal Revenue Service
- Average household income in 2021
- $123,156
Affordability
- Affordability Index
- 3
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 08850 Milltown, NJ?
County total number of drinking water violations
199
-18%
244
County total number of drinking water contaminations
21
-13%
24
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