Montvale borough, New Jersey Demographics & Population 2026
As of 2026, Montvale borough, New Jersey has a total population of 8,625, the 190th largest city in New Jersey, with a median household income of $183,664, which is 82% higher than the state average. The poverty rate is 3.8%.
Key Takeaways
- Household income is 82% above the state average — one of the wealthiest communities in New Jersey.
- An exceptionally low poverty rate of 3.8% — among the lowest in New Jersey.
Montvale borough Quick Facts
How Montvale borough Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 65 | National average: 60
Education
Educational Attainment (Adults 25+)
Montvale borough Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Bergen County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Hackensack city | 45,768 | $82,212 | 11.3% | $370,300 |
| Fort Lee borough | 39,818 | $105,535 | 8.4% | $422,200 |
| Fair Lawn borough | 35,153 | $147,952 | 6.1% | $532,700 |
| Garfield city | 32,502 | $75,701 | 14.2% | $454,300 |
| Englewood city | 29,342 | $101,398 | 9.8% | $497,500 |
| Bergenfield borough | 28,269 | $124,083 | 6.1% | $469,200 |
| Paramus borough | 26,500 | $139,707 | 5.5% | $736,000 |
| Ridgewood village | 26,076 | $217,250 | 3.7% | $882,700 |
| Lodi borough | 25,946 | $84,570 | 16.0% | $449,200 |
| Cliffside Park borough | 25,580 | $94,960 | 11.3% | $577,200 |
Cities Similar to Montvale borough
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Closter borough | 8,544 | $187,500 | $820,100 | 66.2% | 7.2% |
| Cresskill borough | 9,101 | $173,293 | $764,800 | 58.5% | 2.3% |
| White Meadow Lake CDP | 8,706 | $150,042 | $441,000 | 57.6% | 1.7% |
| Whippany CDP | 8,862 | $153,725 | $612,500 | 55.1% | 3.6% |
| Park Ridge borough | 9,218 | $165,391 | $666,200 | 56.9% | 2.5% |
Population Overview
Montvale borough is a small city located in New Jersey, within Bergen County. The total population is 8,625. It ranks as the 190th most populous out of 700 cities and towns in New Jersey.
Age Demographics
The median age in Montvale borough is 40.7 years. This is 1% higher than the state median of 40.1 years. 10.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Montvale borough is $183,664. This is 82% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 134% higher. The poverty rate stands at 3.8%. This is 61% lower than the state poverty rate of 9.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.4%. This is 29% lower than the state rate of 6.2%. The median home value is $688,500. Housing costs are 61% higher than the state median of $427,600. The home-value-to-income ratio is 3.7x. 84.1% of occupied housing units are owner-occupied. This homeownership rate is 32% higher than the state average of 63.7%.
Race & Ethnicity
The largest racial or ethnic group in Montvale borough is White (non-Hispanic), making up 72.6% of the population. Asian residents account for 13.2%. The Black or African American population (2.5%) is well below the state average of 12.3%. The Hispanic or Latino population (9.2%) is well below the state average of 21.9%.
Education
56.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.0%. Notably, 22.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Montvale borough, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. For official data, visit data.census.gov.
Free data download: Get all New Jersey city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Montvale borough, New Jersey?
Montvale borough, New Jersey has a population of 8,625 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Montvale borough, NJ?
The median household income in Montvale borough is $183,664, which is 134% higher the national median of $78,538.
What is the poverty rate in Montvale borough, NJ?
The poverty rate in Montvale borough is 3.8%. This means approximately 325 residents live below the federal poverty line.
What is the racial makeup of Montvale borough, New Jersey?
Montvale borough's population is 72.6% White, 2.5% Black, 9.2% Hispanic/Latino, and 13.2% Asian.
What is the median home value in Montvale borough, NJ?
The median home value in Montvale borough is $688,500. The home-value-to-income ratio is 3.7x.
How educated is Montvale borough, New Jersey?
56.8% of adults (25+) in Montvale borough hold a bachelor's degree or higher, and 22.9% hold a graduate or professional degree.