Living in Upper Montclair, New Jersey
Cost of living, income, home prices, rent and demographics of Upper Montclair · Census data 2020–2024
Upper Montclair has 12,457 residents with a median age of 42.2. The median household income is $250,001 (141% higher than the New Jersey median), the median home value is $989,000, the median rent is $2,237/month.
Upper Montclair at a glance
- Population
- 12,457
- Median age
- 42.2State: 40.1
- Median household income
- $250,001State: $103,556
- Median home value
- $989,000State: $454,400
- Median rent
- $2,237/moState: $1,720
- Homeowners
- 85.8%
- Bachelor's degree or higher
- 84.7%
- Average commute
- 42 min
Is Upper Montclair a good place to live?
Pros: Median household income 141% higher than the New Jersey median; unemployment of 5%; a poverty rate of 1.9%.
Cons: Home values 118% higher than the state median; an average commute of 42 minutes.
The weather is best in May–June and August–September.
Cost of living in Upper Montclair
Housing is the biggest part of the cost of living. In Upper Montclair the median home value is $989,000, 197% higher than the U.S. median. Renters pay a median of $2,237 per month, which is 31% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Upper Montclair median household income
The median household income in Upper Montclair is $250,001 and the income per person is $112,208. 1.9% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Upper Montclair: homes for sale and rent
- Housing units
- 4,352
- Owner-occupied
- 85.8%
- Renter-occupied
- 14.2%
- Vacant
- 6.7%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 3.06
Upper Montclair demographics
- Population
- 12,457
- Median age
- 42.2
- Under 18
- 28.9%
- 65 and older
- 14.7%
- Households
- 4,061
- Foreign-born
- 10.6%
- Veterans
- 0.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Upper Montclair ›
Education in Upper Montclair
84.7% of adults 25 and older in Upper Montclair have a bachelor's degree or higher (New Jersey: 43.6%), and 49% have a graduate or professional degree.
Jobs and commute in Upper Montclair
- Unemployment rate
- 5%State: 6.3%
- Average commute
- 42 minState: 31 min
- Work from home
- 43.2%
- Drive alone
- 34.8%
- Public transit
- 17.3%
- Walk to work
- 2.4%
- Homes with broadband
- 97.9%
Upper Montclair vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Upper Montclair | 12,457 | $250,001 | $989,000 | $2,237 |
| Brookdale | 9,960 | $161,779 | $573,500 | $1,791 |
| Montclair | 40,341 | $151,075 | $906,400 | $2,063 |
| Cedar Grove | 13,475 | $151,263 | $634,000 | $1,896 |
| Great Notch | 4,008 | $162,101 | $580,400 | $2,070 |
| Verona | 14,545 | $161,843 | $608,400 | $2,130 |
| Bloomfield | 53,793 | $103,604 | $470,800 | $1,824 |
| Little Falls | 14,790 | $123,307 | $481,300 | $1,843 |
| Clifton | 89,379 | $98,237 | $461,900 | $1,711 |
More for people moving to Upper Montclair
Upper Montclair ZIP code ›Weather and climate ›Living in Upper Montclair: FAQ
What is the median household income in Upper Montclair, NJ?
The median household income in Upper Montclair is $250,001, 141% higher than 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 Upper Montclair?
The median home value in Upper Montclair is $989,000, compared with $454,400 in New Jersey.
How much is rent in Upper Montclair?
The median gross rent in Upper Montclair is $2,237 per month, about 31% of household income.
Is Upper Montclair, NJ a good place to live?
Pluses: median household income 141% higher than the New Jersey median; unemployment of 5%; a poverty rate of 1.9%. Minuses: home values 118% higher than the state median; an average commute of 42 minutes.
What is the median age in Upper Montclair?
The median age in Upper Montclair is 42.2 years (New Jersey: 40.1).
How long is the commute in Upper Montclair?
The average commute to work in Upper Montclair is 42 minutes; 43.2% of workers work from home.
What is the unemployment rate in Upper Montclair?
The unemployment rate in Upper Montclair is 5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Upper Montclair?
84.7% of adults in Upper Montclair 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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