Montvale, NJ
Population 8,625 · New Jersey
About Montvale, NJ
Montvale is a small community in New Jersey with a population of 8,625 residents. The median household income is $183,664 per year, which is above the national average. The median age in Montvale is 40.7 years.
Housing in Montvale has a median home value of $688,500 and median monthly rent of $2,241. Of the 3,188 total housing units, the majority are owner-occupied, with 2,596 owner-occupied and 490 renter-occupied units.
The unemployment rate in Montvale is 4.4% and the poverty rate is 3.8%. 56.8% of residents hold a bachelor's degree or higher. The average commute time is 31.9 minutes.
Cost of Living in Montvale, NJ
Compared to national averages, Montvale has a median household income of $183,664 (144% above the national median of $75,149). Home values average $688,500, which is 181% above the national median. Monthly rent at $2,241 is 93% above the US average of $1,163. Within New Jersey, Montvale's income is 59% above the state average of $115,667, and home values are 47% above the state median of $469,644.
Why Live in Montvale, NJ?
Montvale offers a strong local economy with a median household income of $183,664, well above the national average, and a well-educated community where 56.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $688,500. However, Montvale’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Montvale has a population of 8,625 with a median age of 40.7 years. Compare Montvale with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Montvale
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| West Long Branch | 8,576 | $123,661 | $631,300 | Compare |
| Audubon | 8,699 | $116,900 | $288,500 | Compare |
| Closter | 8,544 | $187,500 | $820,100 | Compare |
| White Meadow Lake | 8,706 | $150,042 | $441,000 | Compare |
| North Haledon | 8,757 | $131,810 | $517,200 | Compare |
| Madison Park | 8,798 | $76,396 | $386,200 | Compare |
| Boonton | 8,803 | $100,417 | $475,300 | Compare |
| Northfield | 8,427 | $104,042 | $275,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Montvale
What is the population of Montvale, NJ?
The population of Montvale, NJ is 8,625 according to the latest Census data.
What is the median household income in Montvale?
The median household income in Montvale, NJ is $183,664 per year.
What is the median home value in Montvale?
The median home value in Montvale, NJ is $688,500.
What is the average rent in Montvale?
The median monthly rent in Montvale, NJ is $2,241.
What is the unemployment rate in Montvale?
The unemployment rate in Montvale, NJ is 4.4%.