Last updated: 2024 BLS data · Page refreshed:
Montvale has a population of 8,901 with a median age of 40.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 8,901 |
| Median Age | 40.1 |
| White | 71.9% |
| Black or African American | 5.2% |
| Asian | 13.8% |
| Hispanic or Latino | 8.9% |
The median household income in Montvale is $178,269, which is 121.1% above the national median of $80,610. The per capita income is $71,759. The poverty rate is 4.0%.
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In Montvale, 95.5% of residents age 25+ have a high school diploma or higher, and 55.0% hold a bachelor's degree or higher (23.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.5% |
| Bachelor's Degree or Higher | 55.0% |
| Graduate or Professional Degree | 23.1% |
The median home value in Montvale is $709,700, above the national median of $303,400. The median monthly rent is $2,053. The homeownership rate is 80.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $709,700 |
| Median Monthly Rent | $2,053 |
| Homeownership Rate | 80.0% |
| Vacancy Rate | 5.0% |
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