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Millburn, NJ

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Overview


Millburn is a somewhat small town located in the state of New Jersey. With a population of 5,160 people and just one neighborhood, Millburn is the 310th largest community in New Jersey. Millburn has an unusually large stock of pre-World War II architecture, making it one of the older and more historic towns.

Millburn home prices are not only among the most expensive in New Jersey, but Millburn real estate also consistently ranks among the most expensive in America.

Occupations and Workforce

Millburn is a decidedly white-collar town, with fully 96.36% of the workforce employed in white-collar jobs, well above the national average. Overall, Millburn is a town of managers, professionals, and sales and office workers. There are especially a lot of people living in Millburn who work in management occupations (24.59%), business and financial occupations (17.99%), and computer science and math (11.56%).

Also of interest is that Millburn has more people living here who work in computers and math than 95% of the places in the US.

Of important note, Millburn is also a town of artists. Millburn has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Millburn’s character.

Telecommuters are a relatively large percentage of the workforce: 27.92% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.

Setting & Lifestyle

In addition, Millburn is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.

Because of many things, Millburn is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Millburn really has some of the features that families look for when choosing a good community to raise children. Is Millburn perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

One downside of living in Millburn is that it can take a long time to commute to work. In Millburn, the average commute to work is 39.70 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative. In addition, it is also a pedestrian-friendly town. Many of Millburn’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.

In Millburn, a lot of people use the train to get to work every day though Millburn is a relatively small town. Those that ride the train are primarily traveling out of town to good jobs in other cities.

Demographics

Do you like to read, write and learn? If you move to Millburn, you'll likely find that many of your neighbors like to as well. Millburn is one of the more educated communities in America, with a full 88.01% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Millburn in 2022 was $104,665, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $418,660 for a family of four.

Millburn is an extremely ethnically-diverse town. The people who call Millburn home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Millburn residents report their race to be White, followed by Asian. Important ancestries of people in Millburn include English, Irish, Italian, German, and Russian.

Foreign born people are also an important part of Millburn's cultural character, accounting for 35.80% of the town’s population.

The most common language spoken in Millburn is English. Other important languages spoken here include Chinese and Spanish.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

Think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the neighborhood: a neighborhood in which more "urban sophisticates" live than 100.0% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives.

In addition, the rate of college educated adults in the neighborhood is a unique characteristic of the neighborhood. 88.0% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.0% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.5% of all U.S. neighborhoods.

Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 0.6% of America's neighborhoods are wealthier than the neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

Finally, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 98.7% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 31.2% of the neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.4% of America's neighborhoods.

Occupations

The neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.3% of the neighborhoods in America. In fact, 77.3% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Real Estate

If you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 68.2% of the residential real estate in the neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.3% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Diversity

Did you know that the neighborhood has more Russian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.5% of this neighborhood's residents have Russian ancestry and 2.7% have Eastern European ancestry.

is also pretty special linguistically. Significantly, 16.4% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the neighborhood in Millburn are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 99.4% of the neighborhoods in America. In addition, 0.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 80.1% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the neighborhood, 77.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 14.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (4.8%), and 3.6% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the neighborhood is English, spoken by 57.4% of households. Other important languages spoken here include Chinese, Spanish, Langs. of India and French.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the neighborhood in Millburn, NJ, residents most commonly identify their ethnicity or ancestry as Asian (29.1%). There are also a number of people of English ancestry (9.7%), and residents who report Irish roots (8.7%), and some of the residents are also of Italian ancestry (8.2%), along with some German ancestry residents (5.8%), among others. In addition, 35.8% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 45 minutes and one hour commuting one-way to work (47.4% of working residents), longer and tougher than most commutes in America.

Here most residents (35.0%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (31.2%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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