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The small city of Upper Montclair, New Jersey is home to just under 12,000 people. Families with children will feel welcome, as kids aged 5-14 account for an above-average percentage of the community, while young professionals are less well-represented. At an average age of just under 38, the city's population skews younger than most cities in New Jersey. Renters tend to be in the minority in the area, and 81% of residents own their homes. Relatively high rent costs may be a contributing factor, as the average rent of $1,718/month is substantially higher than the state average of $1,272.
Averaging about 45 minutes, Upper Montclair's commute time is slower than the New Jersey average of about 34 minutes. Many residents (27%) drive their car or truck to work, while public transportation is used by only 14% of the population. Walking isn't a common means of commuting to work.
Compared to the national average (7%), Upper Montclair has a high number of residents over the age of 25 with advanced degrees, as 22% have earned a Master's degree or a Doctorate. Further, 25% have a Bachelor's degree, which also outpaces the national average. Many Upper Montclair residents work in one of three industries: scientific, education, and finance. Combined, these industries make up 23% of the workforce in the city. Meanwhile, looking at job function, many of the city's residents work in management, which ranks as the top field in the city. With an average annual income of around $159,000, the eighth-highest average income of any municipality in the state, Upper Montclair workers are generally well-compensated for their efforts. Upper Montclair's average income also compares favorably to the national average ($73,345).
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