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Montvale, NJ

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Montvale is a somewhat small borough located in the state of New Jersey. With a population of 9,361 people and just one neighborhood, Montvale is the 231st largest community in New Jersey.

Montvale home prices are not only among the most expensive in New Jersey, but Montvale real estate also consistently ranks among the most expensive in America.

Occupations and Workforce

Montvale is a decidedly white-collar borough, with fully 90.92% of the workforce employed in white-collar jobs, well above the national average. Overall, Montvale is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in Montvale who work in management occupations (17.90%), sales jobs (12.85%), and teaching (12.73%).

Also of interest is that Montvale has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 29.55% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Setting & Lifestyle

In addition, Montvale is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.

Because of many things, Montvale is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Montvale really has some of the features that families look for when choosing a good community to raise children. Is Montvale perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

One downside of living in Montvale is that it can take a long time to commute to work. In Montvale, the average commute to work is 31.83 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.

In Montvale, a lot of people use the bus to get to work every day though Montvale is a relatively small borough. Those that ride the bus are primarily traveling out of town to good jobs in other cities.

Demographics

Do you like to read, write and learn? If you move to Montvale, you'll likely find that many of your neighbors like to as well. Montvale is one of the more educated communities in America, with a full 56.79% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Montvale in 2022 was $75,108, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $300,432 for a family of four.

Montvale is a very ethnically-diverse borough. The people who call Montvale home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Montvale residents report their race to be White, followed by Asian. Important ancestries of people in Montvale include Italian, German, Irish, Polish, and Russian.

Foreign born people are also an important part of Montvale's cultural character, accounting for 19.50% of the borough’s population.

The most common language spoken in Montvale is English. Other important languages spoken here include Spanish and Chinese.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 3.0% of America's neighborhoods are wealthier than the neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

In addition, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the neighborhood: a neighborhood in which more "urban sophisticates" live than 96.1% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city.

Diversity

Did you know that the neighborhood has more Croatian and Italian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Croatian ancestry and 24.9% have Italian ancestry.

is also pretty special linguistically. Significantly, 2.4% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 96.8% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the neighborhood in Montvale are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 97.0% of the neighborhoods in America. In addition, 5.2% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 63.4% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the neighborhood, 58.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 22.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.5%), and 9.1% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the neighborhood is English, spoken by 77.7% of households. Other important languages spoken here include Spanish, Chinese, Langs. of India and Korean.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the neighborhood in Montvale, NJ, residents most commonly identify their ethnicity or ancestry as Italian (24.9%). There are also a number of people of German ancestry (14.6%), and residents who report Asian roots (13.2%), and some of the residents are also of Irish ancestry (11.1%), along with some Polish ancestry residents (5.2%), among others. In addition, 19.5% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 30 and 45 minutes commuting one-way to work (31.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (57.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.7%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Economics & Demographics include:
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Commute To Work
Migration & Mobility
Race & Ethnic Diversity
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Crime includes:
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Schools include:
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