Montvale is a somewhat small borough located in the state of New Jersey. With a population of 8,148 people and just one neighborhood, Montvale is the 249th largest community in New Jersey.
Real Estate Prices
Montvale home prices are not only among the most expensive in New Jersey, but Montvale real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Montvale is a decidedly white-collar borough, with fully 89.01% of the workforce employed in white-collar jobs, well above the national average. Overall, Montvale is a borough of professionals, sales and office workers and managers. There are especially a lot of people living in Montvale who work in sales jobs (15.58%), management occupations (13.39%) and healthcare (11.30%).
Also of interest is that Montvale has more people living here who work in computers and math than 95% of the places in the US.
Setting & Lifestyle
Because of many things, Montvale is a great place for families with children to consider. First of all, many other families with children live here, making Montvale a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Montvale has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Montvale’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in Montvale is that it can take a long time to commute to work. In Montvale, the average commute to work is 31.13 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.
Despite being a small borough, Montvale has a lot of people using the bus to get to and from work every day. Most of these people on the bus are using it to get to good jobs in other cities.