Is Montgomery Township, NJ growing?
Montgomery Township, NJ had an estimated 23,841 (±50) residents in 2020–2024, against 23,045 in 2015–2019.
That is a change of +3.5%, a measurable increase.
Its housing went from 8,016 to 8,488 homes (+5.9%), a measurable increase.
1.1% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 23,841 (±50)
- Amount of change
- +3.5%
- Homes change
- +5.9%
- Built 2020 or later
- 1.1%
Residents and homes in Montgomery Township, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 23,045 (±48) | 23,841 (±50) | +3.5% | Measurable increase |
| Housing units | 8,016 (±229) | 8,488 (±287) | +5.9% | Measurable increase |
| Households that rent | 16.2% (±2.3 points) | 15.4% (±2.8 points) | −0.8 percentage points | Not a measurable change |
| Median gross rent | $1,917 (±$120) | $2,188 (±$372) | +14.1% | No measurable change after inflation |
| Median home value | $609,200 (±$14,634) | $795,200 (±$28,620) | +30.5% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Montgomery Township against Somerset County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Montgomery Township | +3.5% | Measurable increase | +5.9% |
| Somerset County | +6.1% | Measurable increase | +5.5% |
| New Jersey | +5.2% | Measurable increase | +4.8% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Montgomery Township
| Year built | Montgomery Township | Somerset County | New Jersey | United States |
|---|---|---|---|---|
| 2020 or later | 1.1% (±0.8 points) | 1.3% | 1.1% | 2.0% |
| 2010 to 2019 | 8.9% (±2.2 points) | 6.1% | 6.2% | 9.4% |
| 2000 to 2009 | 23.4% (±3.8 points) | 9.7% | 9.2% | 13.6% |
10.0% of the homes in Montgomery Township were built in 2010 or later.
The median age of residents is 43.1 years.
Growth in places near Montgomery Township
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Montgomery Township | — | 23,841 | +3.5% | Measurable increase |
| Rocky Hill Borough | 2.7 mi | 819 | +28.8% | Not a measurable change |
| Kingston | 4.6 mi | 1,670 | +41.0% | Not a measurable change |
| Princeton | 4.7 mi | 30,756 | −0.8% | Measurable decrease |
| Ten Mile Run | 4.8 mi | 2,492 | +75.1% | Measurable increase |
| Hillsborough Township | 5.0 mi | 44,091 | +11.5% | Measurable increase |
| Hopewell Borough | 5.2 mi | 1,823 | −4.8% | Not a measurable change |
| Blackwells Mills | 5.7 mi | 10,301 | +1406.0% | Measurable increase |
| Heathcote | 5.8 mi | 7,717 | +18.6% | Not a measurable change |
The figures for Montgomery Township include the places inside it that have pages of their own: Belle Mead.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Montgomery Township
Is Montgomery Township growing?
Montgomery Township, NJ had an estimated 23,841 residents in 2020–2024 and 23,045 in 2015–2019, a change of +3.5%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Montgomery Township?
The estimated number of housing units went from 8,016 in 2015–2019 to 8,488 in 2020–2024 (+5.9%), a measurable increase.
How much new construction is there in Montgomery Township?
1.1% of homes in Montgomery Township were built in 2020 or later and 8.9% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Montgomery township, Somerset County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Montgomery township, Somerset County, New Jersey
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Montgomery township, Somerset County, New Jersey
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Montgomery township, Somerset County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Montgomery township, Somerset County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Montgomery township, Somerset County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Montgomery township, Somerset County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Montgomery township, Somerset County, New Jersey (county subdivision:47580, in state:34 county:035).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Montgomery Township at a glance
- Median rent in Montgomery Township
- Rent by bedrooms in Montgomery Township
- Rent burden in Montgomery Township
- Renters and owners in Montgomery Township
- Income and affordability in Montgomery Township
- Home values in Montgomery Township
- Homeowner costs in Montgomery Township
- Property taxes in Montgomery Township
- Types of homes in Montgomery Township
- Bedrooms in Montgomery Township
- Age of homes in Montgomery Township
- Heating fuel in Montgomery Township
- Commute and cars in Montgomery Township
- Crime reported to police in Montgomery Township
- How long people stay in Montgomery Township
- Crowding and facilities in Montgomery Township
- New Jersey landlord and tenant rules
- Housing across Somerset County
- Housing data for every place in New Jersey