Millstone Township is a medium-sized township located in the state of New Jersey. With a population of 10,378 people and two associated neighborhoods, Millstone Township is the 187th largest community in New Jersey.
Millstone Township home prices are not only among the most expensive in New Jersey, but Millstone Township real estate also consistently ranks among the most expensive in America.
Also of interest is that Millstone Township has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Millstone Township telecommute to their jobs. Overall, about 16.67% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Millstone Township is a great place for families with children to consider. First of all, many other families with children live here, making Millstone Township a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The township’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Millstone Township has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Millstone Township’s overall crime rate is lower than average for the country.
One downside of living in Millstone Township is that it can take a long time to commute to work. In Millstone Township, the average commute to work is 34.81 minutes, which is quite a bit higher than the national average.
If knowledge is power, Millstone Township is a pretty powerful place. 53.76% of the adults in Millstone Township have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Millstone Township in 2022 was $82,390, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $329,560 for a family of four.
Millstone Township is a very ethnically-diverse township. The people who call Millstone Township home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Millstone Township residents report their race to be White, followed by Asian. Millstone Township also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 12.16% of the township’s residents. Important ancestries of people in Millstone Township include Italian, Irish, German, Polish, and English.
The most common language spoken in Millstone Township is English. Other important languages spoken here include Spanish and Russian.