Montclair township, New Jersey Population

Montclair township, New Jersey has a population of 40,918, with a median household income of $148,228.

Current population data for Montclair township.

40,918

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Population

40,918

💰

Median Income

$148,228

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Unemployment

1.80%

🏠

Housing Price

$688,114

🚨

Crime Rate

0.20

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Internet Speed

291.40 Mbps

Montclair township is a smaller urban community located in New Jersey. The city has a population that is above the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in New Jersey, Montclair township provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Montclair township has a population of 40,918, which is higher than the state average. This indicates a relatively larger urban presence within New Jersey.

Income and Economy

The median household income in Montclair township is $148,228, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Montclair township average around $688,114, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Montclair township is 1.80%, which is lower than the state average, indicating a relatively strong job market. Montclair township has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in New Jersey, Montclair township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Montclair township offers a balanced mix of economic conditions, population trends, and housing opportunities within New Jersey.

Frequently Asked Questions about Montclair township

What is the population of Montclair township?

The population of Montclair township is approximately 40,918.

Is Montclair township a good place to live?

Montclair township offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Montclair township?

The median household income in Montclair township is around $148,228.

How expensive is housing in Montclair township?

The average housing price in Montclair township is approximately $688,114.