Is Montvale Borough, NJ growing?
Montvale Borough, NJ had an estimated 8,901 (±23) residents in 2020–2024, against 8,489 in 2015–2019.
That is a change of +4.9%, a measurable increase.
Its housing went from 2,997 to 3,290 homes (+9.8%), not a measurable change.
6.1% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 8,901 (±23)
- Amount of change
- +4.9%
- Homes change
- +9.8%
- Built 2020 or later
- 6.1%
Residents and homes in Montvale Borough, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 8,489 (±20) | 8,901 (±23) | +4.9% | Measurable increase |
| Housing units | 2,997 (±135) | 3,290 (±291) | +9.8% | Not a measurable change |
| Households that rent | 11.7% (±4.1 points) | 20.0% (±6.4 points) | +8.3 percentage points | Measurable increase |
| Median gross rent | $1,833 (±$726) | $2,053 (±$443) | +12.0% | No measurable change after inflation |
| Median home value | $619,400 (±$30,228) | $709,700 (±$46,760) | +14.6% | No measurable change 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 Montvale Borough against Bergen County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Montvale Borough | +4.9% | Measurable increase | +9.8% |
| Bergen County | +3.4% | Measurable increase | +3.3% |
| 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 Montvale Borough
| Year built | Montvale Borough | Bergen County | New Jersey | United States |
|---|---|---|---|---|
| 2020 or later | 6.1% (±4.1 points) | 1.4% | 1.1% | 2.0% |
| 2010 to 2019 | 5.9% (±3.1 points) | 5.3% | 6.2% | 9.4% |
| 2000 to 2009 | 12.1% (±4.7 points) | 6.0% | 9.2% | 13.6% |
12.0% of the homes in Montvale Borough were built in 2010 or later.
The median age of residents is 40.1 years.
Growth in places near Montvale Borough
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Montvale Borough | — | 8,901 | +4.9% | Measurable increase |
| Park Ridge Borough | 1.3 mi | 9,406 | +7.3% | Measurable increase |
| Village of Chestnut Ridge | 2.1 mi | 10,557 | +31.0% | Measurable increase |
| Woodcliff Lake Borough | 2.1 mi | 6,152 | +5.5% | Measurable increase |
| Pearl River | 2.1 mi | 16,155 | −1.9% | Not a measurable change |
| Upper Saddle River Borough | 2.8 mi | 8,439 | +2.6% | Measurable increase |
| Saddle River Borough | 3.2 mi | 3,389 | +6.2% | Measurable increase |
| Nanuet | 3.3 mi | 19,799 | +13.0% | Measurable increase |
| Hillsdale Borough | 3.3 mi | 10,144 | −2.0% | Measurable decrease |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Montvale Borough
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Montvale Borough beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Montvale Borough, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Montvale Borough, and send estimates and invoices from your phone.
Questions about Montvale Borough
Is Montvale Borough growing?
Montvale Borough, NJ had an estimated 8,901 residents in 2020–2024 and 8,489 in 2015–2019, a change of +4.9%: a measurable increase by the Census Bureau’s test.
How many homes have been added in Montvale Borough?
The estimated number of housing units went from 2,997 in 2015–2019 to 3,290 in 2020–2024 (+9.8%), not a measurable change.
How much new construction is there in Montvale Borough?
6.1% of homes in Montvale Borough were built in 2020 or later and 5.9% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Montvale borough, Bergen County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Montvale borough, Bergen County, New Jersey
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Montvale borough, Bergen County, New Jersey
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Montvale borough, Bergen County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Montvale borough, Bergen County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Montvale borough, Bergen County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Montvale borough, Bergen 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 Montvale borough, Bergen County, New Jersey (county subdivision:47610, in state:34 county:003).
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 Montvale Borough at a glance
- Median rent in Montvale Borough
- Rent by bedrooms in Montvale Borough
- Rent burden in Montvale Borough
- Renters and owners in Montvale Borough
- Income and affordability in Montvale Borough
- Home values in Montvale Borough
- Homeowner costs in Montvale Borough
- Property taxes in Montvale Borough
- Types of homes in Montvale Borough
- Bedrooms in Montvale Borough
- Age of homes in Montvale Borough
- Heating fuel in Montvale Borough
- Commute and cars in Montvale Borough
- Crime reported to police in Montvale Borough
- How long people stay in Montvale Borough
- Crowding and facilities in Montvale Borough
- Fair Market Rent in Montvale Borough
- New Jersey landlord and tenant rules
- Housing across Bergen County
- Housing data for every place in New Jersey