How many renters in Montvale Borough, NJ pay more than 30% of their income on rent?
62.1% (±25.2 points) of renting households in Montvale Borough, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
49.5% spend 35% or more.
The median renting household spends 34.8% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 62.1% (±25.2 points)
- Paying 35% or more
- 49.5% (±19.0 points)
- Median share of income
- 34.8% (±20.3 points)
Rent as a share of income in Montvale Borough
| Share of income spent on rent | Montvale Borough | Bergen County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 5.9% (±6.0 points) | 13.2% | 12.2% | 12.6% |
| 15% to 19.9% | 8.2% (±8.0 points) | 12.5% | 12.3% | 12.2% |
| 20% to 24.9% | 11.7% (±10.1 points) | 12.7% | 12.6% | 12.6% |
| 25% to 29.9% | 12.0% (±13.2 points) | 10.8% | 11.4% | 11.5% |
| 30% to 34.9% | 12.6% (±16.5 points) | 8.3% | 8.9% | 9.2% |
| 35% or more | 49.5% (±19.0 points) | 42.5% | 42.7% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Montvale Borough against Bergen County, its state and the nation
| Montvale Borough | Bergen County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 62.1% (±25.2 points) | 50.8% (±1.5 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 49.5% (±19.0 points) | 42.5% (±1.2 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 34.8% (±20.3 points) | 30.5% (±0.8 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $72,557 (±$17,779) | $74,953 (±$1,923) | $62,674 (±$718) | $52,966 |
| Median gross rent | $2,053 (±$443) | $1,914 (±$21) | $1,720 (±$7) | $1,413 |
In Montvale Borough, the share of renters paying 30% or more of income is not measurably different from Bergen County (50.8%).
It is not measurably different from New Jersey (51.6%).
It is not measurably different from the national figure (51.1%).
In Bergen County, Montvale Borough ranks 11 of 70 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 97 of 560.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Montvale Borough
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Montvale Borough | — | 62.1% (±25.2 points) | — |
| Park Ridge Borough | 1.3 mi | 57.0% (±19.0 points) | Not measurably different |
| Village of Chestnut Ridge | 2.1 mi | 33.0% (±17.9 points) | Not measurably different |
| Woodcliff Lake Borough | 2.1 mi | 86.9% (±32.0 points) | Not measurably different |
| Pearl River | 2.1 mi | 73.4% (±16.2 points) | Not measurably different |
| Upper Saddle River Borough | 2.8 mi | 44.3% (±25.9 points) | Not measurably different |
| Saddle River Borough | 3.2 mi | 75.8% (±35.4 points) | Not measurably different |
| Nanuet | 3.3 mi | 54.8% (±11.5 points) | Not measurably different |
| Hillsdale Borough | 3.3 mi | 45.8% (±20.9 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Bergen County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 5 | Saddle River Borough | 75.8% (±35.4 points) |
| 6 | Norwood Borough | 74.1% (±20.4 points) |
| 7 | South Hackensack Township | 74.0% (±15.8 points) |
| 8 | Ho-Ho-Kus Borough | 69.4% (±53.3 points) |
| 9 | Wyckoff Township | 66.7% (±21.3 points) |
| 10 | Franklin Lakes Borough | 63.4% (±21.8 points) |
| 11 | Montvale Borough | 62.1% (±25.2 points) |
| 12 | Carlstadt Borough | 61.7% (±18.7 points) |
| 13 | Hasbrouck Heights Borough | 60.8% (±16.9 points) |
| 14 | Dumont Borough | 60.3% (±15.6 points) |
| 15 | Bogota Borough | 59.5% (±14.9 points) |
| 16 (tie) | Emerson Borough | 59.1% (±34.8 points) |
| 16 (tie) | Fair Lawn Borough | 59.1% (±10.1 points) |
Showing 13 of 70 places in Bergen County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Montvale Borough
Are renters in Montvale Borough rent-burdened?
62.1% of renting households in Montvale Borough pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Montvale Borough spend on rent?
The median renting household in Montvale Borough, NJ spends 34.8% (±20.3 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Montvale borough, Bergen County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Montvale borough, Bergen County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Montvale borough, Bergen County, New Jersey
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) and detailed tables (acs/acs5) 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 API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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
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- 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
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- Commute and cars in Montvale Borough
- Crime reported to police in Montvale Borough
- Population growth 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
- New Jersey places ranked by rent burden
- Housing data for every place in New Jersey