New Jersey · Census place 47610
Montvale borough, NJ
Quick answer
Montvale borough has 8,625 residents, ranking #190 of 700 places in New Jersey. Median household income is $183,664, the median home is worth $688,500 and median gross rent runs $2,241 a month.
- Population
- 8,625Montvale borough residents
- Median household income
- $183,664Past 12 months, inflation adjusted
- Median home value
- $688,500Owner-occupied units
- Median gross rent
- $2,241Rent plus utilities, monthly
- Median age
- 40.7 yrsAll residents
- Homeownership rate
- 84.1%Owner-occupied households
What the numbers mean in Montvale borough
Housing cost measured against local earnings.
A household earning the Montvale borough median would spend about 14.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.8% of residents and 84.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- North Haledon borough 8,757
- White Meadow Lake CDP 8,706
- Audubon borough 8,699
- West Long Branch borough 8,576
- Closter borough 8,544
- Northfield city 8,427
- Upper Saddle River borough 8,354
Keep going
More New Jersey coverage.