2025 Compare Cities Economy:
New Canaan, CT vs Millburn, NJ

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Highlights
- Household income in Millburn, is 16% more than it is in New Canaan and is 72% above the National Average.
- New Canaan unemployment rate is 5.7%.
- Millburn unemployment rate is 9.6%.
 New Canaan, CTMillburn, NJUnited States
 Unemployment Rate  Unlock9.6%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth27.7%  Unlock33.5%
 Sales Taxes6.4%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$119,935  Unlock$37,638
 Household Income  Unlock$250,001$69,021
 Family Median Income$250,001  Unlock$85,028
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 Est. Households By Income
 New Canaan, CTMillburn, NJUnited States
 Income Less Than 15K  Unlock1.9%9.4%
 Income between 15K and 20K0.3%  Unlock3.8%
 Income between 20K and 30K  Unlock2.4%8.1%
 Income between 30K and 40K3.7%  Unlock8.0%
 Income between 40K and 50K  Unlock2.0%7.6%
 Income between 50K and 60K5.9%  Unlock7.2%
 Income between 60K and 75K  Unlock3.7%9.6%
 Income between 75K and 100K4.2%  Unlock12.8%
 Income between 100K and 150K  Unlock9.5%16.3%
 Income between 150K and 200K10.6%  Unlock7.8%
 Income greater than 200K  Unlock61.5%9.5%
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 Population By Occupation
 New Canaan, CTMillburn, NJUnited States
 Management, business, finance41.8%  Unlock16.4%
 Engineering, computers, science  Unlock13.7%6.5%
 Community, social services1.0%  Unlock1.8%
 Legal  Unlock8.0%1.2%
 Education, library7.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.6%2.0%
 Healthcare practitioners and technology3.5%  Unlock6.2%
 Healthcare support  Unlock0.8%3.3%
 Firefighters, law enforcement0.2%  Unlock2.1%
 Food preparation, serving  Unlock0.9%5.4%
 Building maintenance1.5%  Unlock3.6%
 Personal care  Unlock2.0%2.6%
 Sales, office, administrative support20.5%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair0.9%  Unlock8.1%
 Production, transportation, material moving  Unlock4.9%13.1%
Reviews for New Canaan    3 Reviews

Over 15 years ago

Beautiful town with wonderful people. Great place to raise children, however, it is extremely costly to live  More

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Over 16 years ago

Agreed, cost of living is too high, too many wall streeters (which have a bad rep nowadays), and diversity is almost non-existant, public schools are average/good but  More

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Outside of the other categories, which run very well here; schools are good and competitive, climate is relatively mild, crime is very low, diversity is strong, culture  More

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Reviews for Millburn    2 Reviews

If you want to kill both your mental health and your wallet at the same time, Millburn is the best place for you. The school system is great as long as your wallet is  More

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Over 17 years ago

The public school system in Millburn is one of its strongest attractions. The school is one of the most competitive public high schools in the nation and is a feeder  More

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