Millburn, NJ 07041 has a population of approximately 7,283 and experiences a population change rate of 5.86%. The population density is 5,480.1 / sq mi .
Millburn, NJ 07041 has a population of approximately 7,283 and experiences a population change rate of 5.86%. The population density is 5,480.1 / sq mi .
The median household income for Millburn, NJ 07041 is $180,000, with 2,668 households and an average household size of 2.74.
The median value of a home in Millburn, NJ 07041 is $929,800 with an appreciation rate of 13.90%. 64.39% of housing in the state is owned while 27.87% is rented.
The cost of living in Millburn, NJ 07041 is 222.4 %.
The unemployment rate in Millburn, NJ 07041 is 3.80%, and recent job growth is at 2.82%. Future job growth is projected at 45.40%.
The sales tax rate in Millburn, NJ 07041 is 6.63%, while the income tax rate is 5.53% .
School expenditures in Millburn, NJ 07041 are $26,449, and the school ratio is 13.6:1.
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 20.3 degrees. The average rainfall is approximately 50.1 inches per year, with 24 inches of snow per year.