Millville, New Jersey Income Statistics
Millville Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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C
Millville Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Millville | New Jersey Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,105 | $103,817 | $80,455 |
| Median Personal Income | $54,976 | $76,200 | $60,758 |
| Average Yearly Income Growth | 4.7% | 4.4% | 4.8% |
| Six-Figure Earners | 9.0% | 19.9% | 13.9% |
| $200k+ Households | 9.2% | 21.6% | 13.2% |
The median household income in Millville is about 32% lower than in New Jersey. Income has been growing faster in Millville (4.7%/yr) than in New Jersey (4.4%/yr).
About 9% of adults in Millville earn six figures ($100,000 or more) a year, lower than the New Jersey average of 20%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Millville, New Jersey grew by 49.5% from 2009 to 2024, reaching $70,105 in 2024. That's an average of about 4.7% per year.
Income Inequality and the Gender Pay Gap in Millville
| Metric | Millville | New Jersey Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.526 | 0.544 | 0.552 |
| Male Median Income | $59,628 | $87,197 | $69,667 |
| Female Median Income | $53,907 | $70,502 | $56,850 |
| Gender Pay Gap | 9.6% | 19.1% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Millville, it is 0.526, lower than New Jersey's 0.544, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 11% more than women's income in Millville, New Jersey. Over a 35-year career, a 11% wage gap accumulates to roughly $200,235 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Millville, New Jersey has narrowed from about 24% to 10% in 2024. Over that period the gap was widest at 31% in 2018. In dollar terms, the gap has narrowed by $5,473 since 2009.
Employment
| Metric | Millville | New Jersey Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.1% | 6.3% | 5.2% |
| Working from Home | 5.2% | 16.8% | 15.0% |
| Commute time (minutes) | 20 | 26 | 22 |
Approximately 821 people are unemployed in Millville, New Jersey.
The average commute time in Millville is 20 minutes, shorter than the 26 minutes in New Jersey.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Millville, New Jersey has fallen from 14.8% to 6.1% in 2024. Over that period the rate peaked at 15.9% in 2013.
Millville, NJ Wealth Compared With Nearby Cities
How Millville, NJ compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Millville, NJ | 27,511 | $70,105 #1/2 | 4.7%/yr #1/2 | 6.1% #1/2 | 0.526 #1/2 |
| Vineland, NJ | 61,006 | $68,857 | 4.4%/yr | 7.8% | 0.545 |
Conclusion
Considering all these factors, Millville, New Jersey has an overall wealth index grade of C, making it somewhat worse than New Jersey, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Millville, New Jersey.
How Rich Is Millville, New Jersey?
Millville has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $70,105, about 32% lower than the New Jersey average of $103,817.
How fast is household income rising in Millville, New Jersey?
Between 2009 and 2024, the median household income in Millville, New Jersey rose 50%, from $46,884 to $70,105. Over the same years, income here kept pace with New Jersey as a whole: +50% against +50%.
What was the median household income in Millville in 2023?
In 2023, the median household income in Millville, New Jersey was $67,054, up 3% from $65,087 in 2022. The New Jersey median that year was $101,191.
What was the median household income in Millville in 2020?
In 2020, the median household income in Millville, New Jersey was $62,872. By 2024 it had risen 12% to $70,105.
What is the Gini coefficient in Millville, New Jersey?
The Gini coefficient in Millville is 0.526. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Millville, New Jersey?
Since 2009, the income gap between men and women in Millville, New Jersey has narrowed from about 24% to 10% in 2024. Over that period the gap was widest at 31% in 2018. In dollar terms, the gap has narrowed by $5,473 since 2009.
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