Montgomery township, New Jersey Housing

Montgomery township, New Jersey has a population of 24,184, with a median household income of $188,114.

Current housing data for Montgomery township.

$721,114

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Population

24,184

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Median Income

$188,114

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Unemployment

1.50%

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Housing Price

$721,114

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Crime Rate

0.20

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Internet Speed

282.70 Mbps

Montgomery township is a small local 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, Montgomery township provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Montgomery township has a population of 24,184, 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 Montgomery township is $188,114, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Montgomery township average around $721,114, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Montgomery township is 1.50%, which is lower than the state average, indicating a relatively strong job market. Montgomery 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, Montgomery township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of New Jersey, Montgomery township contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Montgomery township

What is the population of Montgomery township?

The population of Montgomery township is approximately 24,184.

Is Montgomery township a good place to live?

Montgomery 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 Montgomery township?

The median household income in Montgomery township is around $188,114.

How expensive is housing in Montgomery township?

The average housing price in Montgomery township is approximately $721,114.