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ZIP 08340 — Business Opportunities

Milmay, NJ · Local economy intelligence
Population
939
Median income
$70,536
Median age
37.7
Households
385

Top business opportunities in 08340

The highest-scored business categories to consider opening in Milmay, NJ, based on demand (population, income, demographic fit) versus existing supply.

  1. 1. Prep School 100/100
    ~0.1 businesses underserved · confidence: low
  2. 2. Dancing School 100/100
    ~0.1 businesses underserved · confidence: low
  3. 3. Music School 100/100
    ~0.1 businesses underserved · confidence: low
  4. 4. Medical & Healthcare 98/100
    ~0.1 businesses underserved · confidence: low
  5. 5. Toys & Games 96/100
    ~0.1 businesses underserved · confidence: low
  6. 6. Childcare 92/100
    ~0.1 businesses underserved · confidence: low
  7. 7. Pharmacies 74/100
    ~0.1 businesses underserved · confidence: low
  8. 8. Driving School 63/100
    ~0.0 businesses underserved · confidence: low
  9. 9. Hospitals 62/100
    ~0.1 businesses underserved · confidence: low
  10. 10. Parking 54/100
    ~0.2 businesses underserved · confidence: low

What's already here — existing business mix

The most common business categories currently operating in ZIP 08340.

Full demographic profile

Population939
Households385
Median household income$70,536
Per capita income$34,451
Median age37.7
% bachelor's degree or higher26.424%
% age 18–346.709%
% age 65+23.216%
% renter-occupied22.078%
Median home value$245,300
Median gross rent$1,247
Unemployment rate9.167%

Nearby ZIPs in NJ

07922 Berkeley Heights · 07921 Bedminster · 07920 Basking Ridge · 07901 Summit · 07885 Wharton · 07882 Washington

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