The small town of Montvale, New Jersey is home to just over 8,000 residents. Retirees are a frequent sight, as they make up 19% of the population compared to 14% nationally, while young professionals appear in smaller numbers. Just 14% of residents rent in Montvale, as most own their homes. With an average rent of $1,775 per month, exceeding the state average by $502 a month, relatively high rent costs could play a role in the higher levels of ownership.
Compared to the national average (7%), Montvale has a large number of residents over the age of 25 with advanced degrees, as 14% have earned a Master's degree or a Doctoral degree. Additionally, 21% have earned a Bachelor's degree, which also outpaces the national average. If you're looking for career options, Montvale has them in spades. The four most common industries are healthcare, scientific, manufacturing, and retail. Together, these industries make up 27% of the town's workforce. Meanwhile, in terms of job function, 9% of the town's population works in management, which ranks as the top career path in the town. With an average annual income of around $127,000, Montvale workers take home more than their peers elsewhere in the state. Montvale's average income also compares favorably to the national average of $73,345.
With an average commute time of about 37 minutes, slower than most cities in New Jersey, Montvale residents know that it takes some patience traveling to work. Driving a vehicle is the most common mode of getting to work, opted for by 37% of residents, while public transit is used by just 5% of the town. Few residents commute to work on foot.
|Studio||1 Bed||2 Bed||3 Bed|
© 2019 RentPath, LLC. All rights reserved. All photos, videos, text and other content are the property of RentPath, LLC. APARTMENT GUIDE and the APARTMENT GUIDE Trade Dress are registered trademarks of RentPath, LLC or its affiliates.
Apple, the Apple logo, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.
Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.