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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents8,489 (±20)8,901 (±23)+4.9%Measurable increase
Housing units2,997 (±135)3,290 (±291)+9.8%Not a measurable change
Households that rent11.7% (±4.1 points)20.0% (±6.4 points)+8.3 percentage pointsMeasurable 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

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing 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

Housing units by year built, 2020–2024
Year builtMontvale BoroughBergen CountyNew JerseyUnited States
2020 or later6.1% (±4.1 points)1.4%1.1%2.0%
2010 to 20195.9% (±3.1 points)5.3%6.2%9.4%
2000 to 200912.1% (±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

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Montvale Borough—8,901+4.9%Measurable increase
Park Ridge Borough1.3 mi9,406+7.3%Measurable increase
Village of Chestnut Ridge2.1 mi10,557+31.0%Measurable increase
Woodcliff Lake Borough2.1 mi6,152+5.5%Measurable increase
Pearl River2.1 mi16,155−1.9%Not a measurable change
Upper Saddle River Borough2.8 mi8,439+2.6%Measurable increase
Saddle River Borough3.2 mi3,389+6.2%Measurable increase
Nanuet3.3 mi19,799+13.0%Measurable increase
Hillsdale Borough3.3 mi10,144−2.0%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.

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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

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.

Request a Census API 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 .

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