Montvale, NJ

Census Place

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2024 Population
8,901
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2024 Median Age
40.1
1.47% 1-year decrease
2024 Poverty Rate
3.98%
5.3% 1-year increase
2024 Median Household Income
$178,269
2.94% 1-year decline
2024 Median Property Value
$709,700
3.08% 1-year growth
2024 Employed Population
4,163
0.58% 1-year growth

About

None of the households in Montvale, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

91.4% of the residents in Montvale, NJ are U.S. citizens.

In 2024, the median property value in Montvale, NJ was $709,700, and the homeownership rate was 80%.

Most people in Montvale, NJ drove alone to work, and the average commute time was 32.2 minutes. The average car ownership in Montvale, NJ was 2 cars per household.

United StatesNew JerseyBergen County, NJNew York-Newark-Jersey City, NY-NJ-PABergen County (East)--Tenafly, Park Ridge, Englewood City & Cresskill PUMA, NJBergen County (Central)--Ridgewood Village, Glen Rock & Westwood PUMA, NJRockland County (South)--Orangetown, Clarkstown (South) & Ramapo (Southeast) Towns PUMA, NY

Population & Diversity

Montvale, NJ is home to a population of 8.9k people, from which 91.4% are citizens. As of 2024, 20.6% of Montvale, NJ residents were born outside of the country (1.83k people).

In 2024, there were 5.03 times more White (Non-Hispanic) residents (6.18k people) in Montvale, NJ than any other race or ethnicity. There were 1.23k Asian (Non-Hispanic) and 478 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

91.4%
2024 Citizenship
92%
2023 Citizenship

As of 2024, 91.4% of Montvale, NJ residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Montvale, NJ was 92%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Montvale, NJ compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Montvale, NJ
  1. White (Non-Hispanic)
    6.18k ± 515
  2. Asian (Non-Hispanic)
    1.23k ± 310
  3. Two Races Including Other (Hispanic)
    478 ± 327
8.9%
Hispanic Population
792 people

In 2024, there were 5.03 times more White (Non-Hispanic) residents (6.18k people) in Montvale, NJ than any other race or ethnicity. There were 1.23k Asian (Non-Hispanic) and 478 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

8.9% of the people in Montvale, NJ are hispanic (792 people).

The following chart shows the 8 races represented in Montvale, NJ as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.
Most Common Origin
  1. India
    273,706 ± 12,653 people
  2. Dominican Republic
    205,965 ± 11,018 people
  3. Mexico
    107,667 ± 8,009 people

In 2023, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,706 New Jersey residents, followed by Dominican Republic with 205,965 and Mexico with 107,667.

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Foreign-Born Population

20.6%
2024 Foreign-Born Population
1.83k people
19.5%
2023 Foreign-Born Population
1.68k people

As of 2024, 20.6% of Montvale, NJ residents (1.83k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Montvale, NJ was 19.5%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Montvale, NJ compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    227 ± 167
  2. Korea
    14 ± 30
  3. Gulf War (1990s)
    12 ± 29

Montvale, NJ has a large population of military personnel who served in Vietnam, 16.2 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Montvale, NJ.

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Economy

The economy of Montvale, NJ employs 4.16k people. In 2024, the largest industries in Montvale, NJ were Retail Trade (520 people), Educational Services (488 people), and Professional, Scientific, & Technical Services (465 people), and the highest paying industries were Professional, Scientific, & Technical Services ($154,393), Professional, Scientific, & Management, & Administrative & Waste Management Services ($148,167), and Manufacturing ($147,222).

Employment

Occupations

4.16k
2024 Value
± 550
0.58%
1 Year growth
± 18.8%

From 2023 to 2024, employment in Montvale, NJ grew at a rate of 0.58%, from 4.14k employees to 4.16k employees.

The most common job groups, by number of people living in Montvale, NJ, are Management Occupations (695 people), Sales & Related Occupations (567 people), and Business & Financial Operations Occupations (448 people). This chart illustrates the share breakdown of the primary jobs held by residents of Montvale, NJ.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Jersey.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

4.16k
2024 Value
± 550
0.58%
1 Year growth
± 18.8%

From 2023 to 2024, employment in Montvale, NJ grew at a rate of 0.58%, from 4.14k employees to 4.16k employees.

The most common employment sectors for those who live in Montvale, NJ, are Retail Trade (520 people), Educational Services (488 people), and Professional, Scientific, & Technical Services (465 people). This chart shows the share breakdown of the primary industries for residents of Montvale, NJ, though some of these residents may live in Montvale, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$133,676
Median earning men ± $39,104
$61,721
Median earning women ± $16,978

The industries with the best median earnings for men in 2024 are Manufacturing ($186,810), Finance & Insurance, & Real Estate & Rental & Leasing ($165,536), and Educational Services, & Health Care & Social Assistance ($162,759).

The industries with the best median earnings for women in 2024 are Public Administration ($130,958), Information ($119,643), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($103,750).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.
Y-Axis
2.27%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

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Housing & Living

The median property value in Montvale, NJ was $709,700 in 2024, which is 2.13 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $688,500 to $709,700, a 3.08% increase. The homeownership rate in Montvale, NJ is 80%, which is higher than the national average of 65.2%.

People in Montvale, NJ have an average commute time of 32.2 minutes, and they drove alone to work. Car ownership in Montvale, NJ is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$709,700
Median Property Value 2024
±$46,760
$2,502
Median Property Taxes
±$355

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Montvale, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Montvale, NJ compared to it's parent and neighbor geographies.

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Rent vs Own

80%
Homeownership
2024
56.5%
Homeowners with Mortgage
2024

In 2024, 80% of the housing units in Montvale, NJ were occupied by their owner. This percentage declined from the previous year's rate of 84.1%.

This chart shows the percentage of owner in Montvale, NJ compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$178,269
Median Household Income
± $20,952
3.13k
Number of Households
± 409

In 2024, the median household income of the 3.13k households in Montvale, NJ declined from $178,269 from the previous year's value of $183,664.

The following chart displays the households in Montvale, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Wage Distribution

The closest comparable wage GINI for Montvale, NJ is from New Jersey.
0.486
2023 Wage GINI in New Jersey
0.489
2022 Wage GINI in New Jersey

In 2023, the income inequality in New Jersey was 0.486 according to the GINI calculation of the wage distribution. Income inequality had a 0.709% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.476. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (55.6%)
  2. Worked At Home (31.1%)
  3. Carpooled (5.65%)

In 2024, 55.6% of workers in Montvale, NJ drove alone to work, followed by those who worked at home (31.1%) and those who carpooled to work (5.65%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

32.2 minutes
Average Travel Time

Using averages, employees in Montvale, NJ have a longer commute time (32.2 minutes) than the normal US worker (26.4 minutes). Additionally, 6.66% of the workforce in Montvale, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Montvale, NJ compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Montvale, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Montvale, NJ have 2 cars.

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Poverty

Poverty & Diversity

3.98% of the population for whom poverty status is determined in Montvale, NJ (353 out of 8.87k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 16 - 17, followed by Females 35 - 44 and then Males 12 - 14.

The most common racial or ethnic group living below the poverty line in Montvale, NJ is White, followed by Two Or More and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

97% of the population of Montvale, NJ has health coverage, with 64.4% on employee plans, 3.79% on Medicaid, 14.1% on Medicare, 13.4% on non-group plans, and 1.34% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 0% change from the previous year (1,279 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 320 patients per year.

By gender, of the total number of insured persons, 48.6% were men and 51.4% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 25.9% under 18 years, 13.2% between 18 and 34 years, 42.6% between 35 and 64 years, and 18.4% over 64 years.

By gender, of the total number of insured persons, 48.6% were men and 51.4% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

3.01%
Uninsured
64.4%
Employer Coverage
3.79%
Medicaid
14.1%
Medicare
13.4%
Non-Group
1.34%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Montvale, NJ grew by 8.66% from 2.77% to 3.01%.

The following chart shows how the percent of uninsured individuals in Montvale, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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