Most Expensive Montclair Neighborhoods
Montclair is a medium-sized town located in the state of New Jersey. With a population of 38,142 people and 12 constituent neighborhoods, Montclair is the 47th largest community in New Jersey. Montclair has a large stock of pre-World War II architecture, making it one of the older and more historic towns in the country.
Montclair home prices are not only among the most expensive in New Jersey, but Montclair real estate also consistently ranks among the most expensive in America.
Montclair is a decidedly white-collar town, with fully 93.63% of the workforce employed in white-collar jobs, well above the national average. Overall, Montclair is a town of professionals, managers and sales and office workers. There are especially a lot of people living in Montclair who work in management occupations (16.23%), sales jobs (11.70%) and teaching (11.53%).
Of important note, Montclair is also a town of artists. Montclair has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Montclair’s character.
Also of interest is that Montclair has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Montclair telecommute to their jobs. Overall, about 7.27% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
One downside of living in Montclair is that it can take a long time to commute to work. In Montclair, the average commute to work is 34.45 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative. In addition, it is also a pedestrian-friendly town. Many of Montclair’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.
For the size of the town, public transportation in Montclair is quite heavily used. Mostly, people who use it for their daily commute are taking the train. For Montclair, the benefits are reduced air pollution and congestion on the highways.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Montclair. 67.52% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Montclair in 2010 was $60,426, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $241,704 for a family of four. However, Montclair contains both very wealthy and poor people as well.
Montclair is an extremely ethnically-diverse town. The people who call Montclair home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Montclair residents report their race to be White, followed by Black or African-American. Important ancestries of people in Montclair include Irish, Italian, German, English, Russian and Polish.
Foreign born people are also an important part of Montclair's cultural character, accounting for 15.11% of the town’s population.
The most common language spoken in Montclair is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||1,226|
|MONTCLAIR HOME OWNERSHIP|
|% OWNER OCCUPIED||59.16%|
|% RENTER OCCUPIED||40.84%|
|TYPE OF MONTCLAIR HOMES|
|SINGLE FAMILY DETACHED||52.00%|
|ROWHOUSES AND ATTACHED HOMES||1.93%|
|SMALL APARTMENT BUILDINGS||21.87%|
|COMPLEXES OR HIGH RISE APARTMENTS||24.06%|
|SIZE OF MONTCLAIR HOMES|
|5 OR MORE BEDROOMS||20.35%|
|AGE OF MONTCLAIR HOMES|
|NEWER HOMES (2000 OR LATER)||3.62%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||9.04%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||29.32%|
|HISTORIC (1939 OR BEFORE)||58.02%|
|MONTCLAIR REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$568,446|
|MEDIAN RENTAL PRICE||$1,762|
|HOME VALUE RANGE|
|$0 - $52,000||2.93%|
|$52,001 - $104,000||0.30%|
|$104,001 - $207,000||4.41%|
|$207,001 - $311,000||13.33%|
|$311,001 - $414,000||13.56%|
|$414,001 - $518,000||13.63%|
|$518,001 - $777,000||28.83%|
|$777,001 - $1,036,000||14.46%|
|PEOPLE OF MONTCLAIR||DETAILS|
|UNDER 5 YEARS||5.88%|
|5 TO 17||19.75%|
|18 TO 24||7.38%|
|25 TO 34||9.83%|
|35 TO 54||31.53%|
|55 TO 64||13.19%|
|65 YEARS AND OVER||12.45%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||95.46%|
|MEDIAN HOUSEHOLD INCOME||$113,485|
|PER CAPITA INCOME||$60,426|
|INDIVIDUALS BELOW POVERTY LEVEL||6.59%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (16.07%)
Information Technology (7.04%)
Public Service (3.78%)
Real estate (2.33%)
|BLACK OR AFRICAN AMERICAN||25.03%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.20%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||2.38%|
|TWO OR MORE RACES||3.89%|
|HISPANIC OR LATINO (OF ANY RACE)||8.51%|
|ETHNICITIES PRESENT||Irish (16.42%)
|LANGUAGES SPOKEN||English (83.98%)
French Creole (1.08%)
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