ZIP Code 08340

standard

Source:

Milmay · Atlantic County · New Jersey

Population
979

29/sq mi

Median income
$62,750

▼ 18% vs US

higher than 34% of US ZIPs

Median home value
$261,800

▼ 6% vs US

higher than 60% of US ZIPs

Bachelor's or higher
30.6%

Median age 44.5

Land area
34.1 sq mi

New York

ZIP code 08340 in Milmay, New Jersey has a population of 979. The median household income is $62,750, which is 18% below the national average. Median home value is $261,800, 6% below the US average. 30.6% of residents hold a bachelor's degree or higher.

ZIP code 08340 is classified by USPS as a standard delivery area and covers roughly 34.1 square miles in Milmay, Atlantic County, New Jersey. The area is home to 979 residents, producing a population density of 29 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 08340 against New Jersey and the nation.

On the economic side, the median household income for ZIP 08340 sits at $62,750 (49% below the New Jersey average), while per-capita income is $41,190. The poverty rate stands at 4.6% and the unemployment rate at 13.8%. On housing, the median home value is $261,800 (49% below the state average) with median rent at $1,188 per month, and 77.9% of occupied units are owner-occupied, a direct signal of whether 08340 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 30.6% of adults hold a bachelor's degree or higher, the median age is 44.5, and the average commute is . We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Atlantic County, so you can benchmark 08340 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 08340, Milmay, NJ · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

979

Population

34.1

Area (sq mi)

29

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 08340?

44.5

Median Age

57.0%

Male

43.0%

Female

1.8%

Foreign-Born

White 100.0%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 0.0%
Hispanic or Latino 0.0%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$62,750

Median Household Income

-49% vs state

$41,190

Per Capita Income

4.6%

Poverty Rate

13.8%

Unemployment Rate

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 52.5%
Bachelor's Degree or Higher 30.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

308

Total Housing Units

308

Occupied Units

0

Vacant Units

2.33

Avg Household Size

Occupancy Type

Owner 77.9%
Renter 22.1%

$261,800

Median Home Value

-49% vs state

$1,188

Median Rent

1977

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What businesses operate in this ZIP?

Census Bureau data shows 14 business establishments in ZIP 08340, employing approximately 69 people with a combined annual payroll of $4,261,000.

14

Businesses

69

Employees

$4.3M

Annual Payroll

1

Industry Sectors

Industry Establishments % of Total
Construction 8 57.1%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 08340 vs 08350 →

ZIP Code City Population Distance
08350 Richland, NJ 825 3.9 mi
08317 Dorothy, NJ 1,344 3.3 mi
08361 Vineland, NJ 17,352 4.7 mi
08310 Buena, NJ 1,670 6.4 mi
08319 Estell Manor, NJ 1,253 5.5 mi
08346 Newtonville, NJ 843 8.8 mi
08326 Landisville, NJ 1,761 7.6 mi
08341 Minotola, NJ 2,239 7.5 mi
08330 Mays Landing, NJ 28,167 7.5 mi
08360 Vineland, NJ 43,355 8.2 mi

More ZIP Codes in Atlantic County

Frequently Asked Questions

What county is ZIP code 08340 in?
ZIP code 08340 (Milmay) is located in Atlantic County, New Jersey. Atlantic County contains multiple ZIP codes, see the full list at /counties/atlantic-nj.
What is the population of ZIP code 08340?
ZIP code 08340 in Milmay, NJ has a population of 979 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 08340?
The median household income in ZIP 08340 is $62,750, which is 18% below the national average of $76,288.
What is the average home value in ZIP 08340?
The median home value in ZIP 08340 is $261,800, which is 6% below the national average of $278,155.
What is the demographic makeup of ZIP 08340?
The largest racial group in ZIP 08340 is White at 100.0%.
How many businesses are in ZIP code 08340?
ZIP code 08340 has 14 business establishments employing approximately 69 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 08340?
In ZIP code 08340, 52.5% of residents aged 25+ have a high school diploma or higher, and 30.6% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 08340?
In ZIP code 08340, approximately 77.9% of occupied housing units are owner-occupied and 22.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 08340?
The poverty rate in ZIP code 08340 is 4.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Milmay, NJ

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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