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Upper Montclair, New Jersey

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
12,457
Population
$250,001
Median Income
$989,000
Home Value
42.2
Median Age

Demographics

Upper Montclair has a population of 12,457 with a median age of 42.2. Here is the racial and ethnic breakdown of the population:

White
75.7%
Other
9.2%
Hispanic
6.0%
Black
4.8%
Asian
4.3%
Demographic Value
Total Population12,457
Median Age42.2
White75.7%
Black or African American4.8%
Asian4.3%
Hispanic or Latino6.0%
Other / Two or More Races9.2%
Upper Montclair, New Jersey — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 75.7%Other: 9.2%Hispanic/Latino: 6.0%Black: 4.8%Asian: 4.3%12,457PopulationWhiteWhite75.7%OtherOther9.2%Hispanic/LatinoHispanic/Latino6.0%BlackBlack4.8%AsianAsian4.3%

Income & Economy

The median household income in Upper Montclair is $250,001, which is 210.1% above the national median of $80,610. The per capita income is $112,208. The poverty rate is 1.9%.

$250,001
Median Household Income
$112,208
Per Capita Income
1.9%
Poverty Rate

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Education

In Upper Montclair, 99.0% of residents age 25+ have a high school diploma or higher, and 84.7% hold a bachelor's degree or higher (49.0% with a graduate or professional degree).

HS Diploma+
99.0%
Bachelor's+
84.7%
Graduate+
49.0%
Education Level % of Adults (25+)
High School Diploma or Higher99.0%
Bachelor's Degree or Higher84.7%
Graduate or Professional Degree49.0%

Housing

The median home value in Upper Montclair is $989,000, above the national median of $303,400. The median monthly rent is $2,237. The homeownership rate is 85.8%.

$989,000
Median Home Value
$2,237/mo
Median Rent
85.8%
Homeownership Rate
Housing Metric Value
Median Home Value$989,000
Median Monthly Rent$2,237
Homeownership Rate85.8%
Vacancy Rate6.7%

Salaries in New Jersey

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Frequently Asked Questions

What is the population of Upper Montclair, New Jersey?
The population of Upper Montclair, New Jersey is 12,457 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Upper Montclair, New Jersey?
The median household income in Upper Montclair, New Jersey is $250,001. This is 210.1% above the national median of $80,610.
What is the median home value in Upper Montclair, New Jersey?
The median home value in Upper Montclair, New Jersey is $989,000. The median monthly rent is $2,237.
What percentage of people in Upper Montclair have a college degree?
In Upper Montclair, New Jersey, 84.7% of adults age 25 and older hold a bachelor's degree or higher, and 99.0% have a high school diploma or higher.
Is Upper Montclair, New Jersey an affordable place to live?
The home price-to-income ratio in Upper Montclair, New Jersey is 4.0x (median home value $989,000 vs. median income $250,001), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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