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CITY · 2020 ACS

Montvale

New Jersey · 8,436 residents · 4.023 sq mi
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The short version

Montvale is significantly wealthier than the US average, with a median household income of $156,042. Population has grown 20% since 2000. 58% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has more than doubled since 2000, reaching $612,600. Poverty is rare here, at 3.6% of residents. Households here earn about 83% more than the New Jersey median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 43.8
US median: 38.8
More educated
58% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

8,436
+20%since 2000
from 7,034 in 2000
1990 – 2025
2,097 / sq mi
+20%since 2000
from 1,748 / sq mi in 2000
US average: 280
43.8
+10%since 2000
from 39.7 in 2000
US average: 38.8
Population, 19902024
7K7K8K9K9K1990201020202024Montvale
20249K
1990201020202024
Section 02

Income & economy

$156,042
+12%inflation adjusted, since 2000
from $93,031 in 2000
US average: $66,278
1990 – 2024
$63,614
+40%since 2000
from $45,448 in 2000
US average: $35,364
Households earning $100K+
78.6%
+11.3 ptssince 2009
from 67.3% in 2009
US average: 43.9%
3.6%
+2.7 ptssince 2000
from 0.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Information10.5%
US avg: 11.1%
Other services10.5%
US avg: 6.6%
Public administration10.2%
US avg: 4.7%
Retail trade6.1%
US avg: 10%
Wholesale trade5.7%
US avg: 6.7%
Arts, entertainment, food5.1%
US avg: 2%
Transportation & warehousing2.9%
US avg: 2.5%
Finance & insurance2.3%
US avg: 5.5%
Professional, scientific, technical2.3%
US avg: 4.7%
Agriculture, forestry, fishing0.4%
US avg: 1.7%
Manufacturing0.4%
US avg: 0.5%
Construction0%
US avg: 1.2%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$612,600
+20%inflation adjusted, since 2000
from $338,800 in 2000
US average: $265,253
1990 – 2024
$1,789
+7%inflation adjusted, since 2000
from $1,116 in 2000
US average: $1,124
81.9%
−3.2 ptssince 2000
from 85.0% in 2000
18.1% rent
3.9
+8%since 2000
from 3.6 in 2000
1990 – 2024
RELATED:See current rent listings in Montvale on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic90.4%(6,358)
Black0.4%(30)
Hispanic / Latino3.1%(217)
Asian5.3%(373)
Other0%
Diversity Score20.7%(1,459)
2020
White, non-Hispanic71.9%(6,069)
Black1.4%(121)
Hispanic / Latino8.1%(683)
Asian15.7%(1,324)
Other1%(82)
Diversity Score53.7%(4,534)
54
+159%since 2000
from 21 in 2000
1990 – 2024
Section 05

Education

57.9%
+2.6 ptssince 2000
from 55.3% in 2000
US average: 32.9%
High school or higher
96.0%
+1.0 ptssince 2000
from 95.0% in 2000
US average: 88.5%
25.8%
+5.8 ptssince 2000
from 20.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

36.9 min
+80%since 2000
from 20.5 min in 2000
US average: 26.9
67.2%
−12.2 ptssince 2009
from 79.4% in 2009
US average: 75.1%
3.6%
+0.4 ptssince 2009
from 3.2% in 2009
US average: 8.4%
Section 07

Work & employment

5.9%
+1.6 ptssince 2011
from 4.2% in 2011
US average: 5.4%
65.8%
−2.1 ptssince 2011
from 67.9% in 2011
US average: 63.4%
57.4%
−15.0 ptssince 2009
from 72.4% in 2009
US average: 39.3%
Section 08

People & community

46.6%
−2.8 ptssince 2009
from 49.4% in 2009
53.4%
+2.8 ptssince 2009
from 50.6% in 2009
16.7%
+2.3 ptssince 2009
from 14.3% in 2009
US average: 13.5%
4.6%
−89.9 ptssince 2013
from 94.5% in 2013
US average: 8.8%
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Frequently asked

How many people live in Montvale, New Jersey?

Montvale, New Jersey has about 8,436 residents according to the 2020 American Community Survey.

What is the median household income in Montvale, New Jersey?

The typical household in Montvale, New Jersey earns about $156,042 a year. Half of households make more than that, and half make less.

Is Montvale, New Jersey expensive?

In Montvale, New Jersey, the median home is worth about $612,600, and the typical rent is about $1,789 a month.

How educated are people in Montvale, New Jersey?

About 57.9% of adults age 25 and over in Montvale, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Montvale, New Jersey?

About 3.6% of people in Montvale, New Jersey live below the federal poverty line.

Has Montvale, New Jersey grown since 1990?

Yes, Montvale, New Jersey has grown since 1990. The population has added about 1,490 residents, a change of about 21 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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