Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.6 yrs |
|---|---|
| Avg HH Size | 2.80 |
| Below Poverty | 2.9% ▼ 71% below avg |
| College Grads | 70.5% ▲ 82% above avg |
| Unemployment | 4.2% ▼ 15% below avg |
| No HS Diploma | 72 (1%) |
| HS Graduate | 1,491 (20.1%) |
| Some College | 229 (3.1%) |
| Associates | 396 (5.3%) |
| Bachelors | 204 (2.8%) |
| Graduate Degree | 5,025 (67.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $179,279 ▲ 135% above avg |
|---|---|
| Median Home Value | $647,200 ▲ 132% above avg |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $3,501/mo |
| Total Housing Units | 3,707 |
| Vacant Units | 94 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Montville is a city in New Jersey, located in Morris County. The city spans 1 ZIP code and is home to approximately 10,206 residents. It is a mature city, with a median age of 48.6 years.
Economically, Montville is a affluent community. The median household income of $179,279 is more than double the national average. Approximately 2.9% of residents live below the poverty line. The unemployment rate is 4.2%, below the national average.
The real estate market in Montville is a premium housing market. Median home values stand at $647,200, which is more than double the national average. Renters typically pay around $3,501 per month. Homeownership is high at 97.8%, typical of suburban and family-oriented communities.
The population of Montville is highly educated. 70.5% of adults hold a bachelor's degree or higher — significantly above the national average. The community is majority White (64.45%).
Montville, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07045 | 10,206 | $179,279 | $647,200 | $3,501 | 4.2% | 70.5% | 97.8% |