Living in Montague, New Jersey
Cost of living, income, home prices, rent and demographics of Montague · Census data 2020–2024
Montague has 3,833 residents with a median age of 45. The median household income is $101,250 (about the same as the New Jersey median), the median home value is $344,500, the median rent is $1,260/month.
Montague at a glance
- Population
- 3,833
- Median age
- 45State: 40.1
- Median household income
- $101,250State: $103,556
- Median home value
- $344,500State: $454,400
- Median rent
- $1,260/moState: $1,720
- Homeowners
- 81.2%
- Bachelor's degree or higher
- 28.7%
- Average commute
- 41 min
Is Montague a good place to live?
Pros: Home values 24% lower than the state median; unemployment of 5.5%; a poverty rate of 8.8%.
Cons: Median household income about the same as the New Jersey median; an average commute of 41 minutes.
The weather is best in June to September.
Cost of living in Montague
Housing is the biggest part of the cost of living. In Montague the median home value is $344,500, 4% higher than the U.S. median. Renters pay a median of $1,260 per month, which is 44.3% of household income. Homeowners with a mortgage pay $1,900 a month in housing costs.
Montague median household income
The median household income in Montague is $101,250 and the income per person is $48,205. 8.8% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Montague: homes for sale and rent
- Housing units
- 1,655
- Owner-occupied
- 81.2%
- Renter-occupied
- 18.8%
- Vacant
- 8.5%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.51
Montague demographics
- Population
- 3,833
- Median age
- 45
- Under 18
- 20.8%
- 65 and older
- 25%
- Households
- 1,514
- Foreign-born
- 8.4%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of Montague ›
Education in Montague
28.7% of adults 25 and older in Montague have a bachelor's degree or higher (New Jersey: 43.6%), and 9.7% have a graduate or professional degree.
Jobs and commute in Montague
- Unemployment rate
- 5.5%State: 6.3%
- Average commute
- 41 minState: 31 min
- Work from home
- 2.3%
- Drive alone
- 84.8%
- Public transit
- 2.5%
- Walk to work
- 0.2%
- Homes with broadband
- 97%
Montague vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Montague | 3,833 | $101,250 | $344,500 | $1,260 |
| Milford | 1,198 | $74,844 | $362,600 | $1,481 |
| Wantage | 10,941 | $99,599 | $370,100 | $1,437 |
| Matamoras | 2,539 | $76,500 | $245,700 | $1,266 |
| Sandyston | 1,928 | $104,219 | $337,400 | $1,750 |
| Layton | 967 | $130,313 | $376,300 | — |
| Port Jervis | 8,652 | $47,917 | $236,700 | $1,260 |
| Westfall | 2,982 | $72,337 | $299,900 | $1,198 |
| Frankford | 5,322 | $117,286 | $418,400 | $1,672 |
More for people moving to Montague
Montague ZIP code ›Weather and climate ›Living in Montague: FAQ
What is the median household income in Montague, NJ?
The median household income in Montague is $101,250, about the same as the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Montague?
The median home value in Montague is $344,500, compared with $454,400 in New Jersey.
How much is rent in Montague?
The median gross rent in Montague is $1,260 per month, about 44.3% of household income.
Is Montague, NJ a good place to live?
Pluses: home values 24% lower than the state median; unemployment of 5.5%; a poverty rate of 8.8%. Minuses: median household income about the same as the New Jersey median; an average commute of 41 minutes.
What is the median age in Montague?
The median age in Montague is 45 years (New Jersey: 40.1).
How long is the commute in Montague?
The average commute to work in Montague is 41 minutes; 2.3% of workers work from home.
What is the unemployment rate in Montague?
The unemployment rate in Montague is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Montague?
28.7% of adults in Montague have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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