Montgomery, NJ demographics:
population, income, and more

Total population
19,235
1.2% year-over-year change
Median household income
$227,242/yr
1.7% year-over-year change
Housing units
6,852
0.0% year-over-year change

Montgomery population

How many people live in Montgomery

Montgomery is home to 19,235 residents, according to the most recent Census data. Gender-wise, 49% of Montgomery locals are male, and 51% are female.

Total population
19,235
1.2% year-over-year change
Gender ratio
Male
49%
9,435
Female
51%
9,800
Value Percent YoY change
Male 9,435 49% 0.5%
Female 9,800 51% 1.8%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Montgomery is 42, with the population distributed as follows: about 19.8% are children under 15, then 13.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 20.4% of the population, while another 32% fall into the 45 to 64 bracket. Finally, around 14.7% are 65 or older.

Median age
41.6
Age breakdown
Under 15
19.8%
15 to 24
13.2%
25 to 44
20.4%
45 to 64
32%
Over 65
14.7%
Value Percent YoY change
Under 15 3,800 19.8% 0.5%
15 to 24 2,533 13.2% -0.1%
25 to 44 3,926 20.4% 2.9%
45 to 64 6,148 32% -1.2%
Over 65 2,828 14.7% 6.3%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Montgomery, 66% of the population are US-born citizens, while 19.1% have gained naturalized citizenship. At the same time, 15% of residents are non-citizens. As for race, 48% of locals are Caucasian, 4.2% are African American and 39.3% have Asian roots. There’s also a share of 6.1% that includes residents with two or more races.

Citizenship
U.S.-born citizens
66%
Non-U.S.-born citizens
19.1%
Non-citizens
15%
Value Percent YoY change
U.S.-born citizens 12,691 66% -0.3%
Non-U.S.-born citizens 3,666 19.1% -0.5%
Non-citizens 2,877 15% 10.7%
Racial breakdown
White
48%
Black or African American
4.2%
American Indian and Alaska Native
0%
Asian
39.3%
Native Hawaiian and other Pacific Islander
0%
Two or more races
6.1%
Other
2.5%
Value Percent
White 9,227 48%
Black or African American 799 4.2%
American Indian and Alaska Native 8 0%
Asian 7,558 39.3%
Native Hawaiian and other Pacific Islander 1 0%
Two or more races 1,167 6.1%
Other 475 2.5%

Households in Montgomery

A peek inside Montgomery households

Montgomery has 6,754 households, with an average of 3 members in each. Of these, 79.4% are families, while the remaining 20.6% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
6,754
1.5% year-over-year change
Average people per household
3
Non-family households
1,391
Family households
5,363
Value Percent YoY change
Non-family households 1,391 20.6% 5.9%
Family households 5,363 79.4% 0.3%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Montgomery

The housing landscape of Montgomery

Montgomery's housing consists of 6,852 units, with 72.4% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 10.7% and offer a more compact, shared living style.

Housing units
6,852
0.0% year-over-year change
Housing types
Value Percent
1 unit, detached 4,960 72.4%
1 unit, attached 735 10.7%
2 units 67 1%
3 or 4 units 94 1.4%
5 to 9 units 210 3.1%
10 to 19 units 313 4.6%
20 to 49 units 161 2.4%
50 or more units 310 4.5%
Homes built since 2020
99
350.0% year-over-year change

The age of buildings in Montgomery

In Montgomery, the median construction year is 1993. About 7% of homes were built before the 1940s, with another 1.2% going up by 1949. Most development happened in the second half of the 20th century. Then, 20.9% of homes were added from 2000 to 2009, 10.2% between 2010 and 2019, and 1.4% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 480 7% -19.2%
Built between 1940 and 1949 82 1.2% 7.9%
Built between 1950 and 1959 275 4% -13.5%
Built between 1960 and 1969 635 9.3% -0.2%
Built between 1970 and 1979 431 6.3% 14.3%
Built between 1980 and 1989 1,164 17% 9.6%
Built between 1990 and 1999 1,555 22.7% -4.8%
Built between 2000 and 2009 1,430 20.9% -1.3%
Built between 2010 and 2019 702 10.2% 2.9%
Built in 2020 or later 99 1.4% 350.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Montgomery occupancy rates

Out of the 6,754 occupied housing units in Montgomery, 79.3% are owner-occupied, while 20.7% are lived in by tenants. Meanwhile, 1.4% of all homes on the local market sit vacant.

Occupied housing units
6,754
1.5% year-over-year change
Occupancy breakdown
Renter occupied
1,399
Owner occupied
5,355
Value Percent YoY
change
Renter occupied 1,399 20.7% 5.4%
Owner occupied 5,355 79.3% 0.5%
Unoccupied housing units
1.4%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Montgomery housing costs

Housing costs in Montgomery come to a median of $3,417 per month, while tenants specifically pay a median gross rent of $2,218.

Median housing costs per month
$3,417/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Montgomery
$2,218/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Montgomery

Montgomery education at a glance

About 10.8% of the population in Montgomery went to high school, while 10.3% pursued college studies. Another 3.3% earned an associate degree and 33.1% hold a bachelor’s. Meanwhile, 41.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 131 0.9% 0.8%
High school diploma 1,557 10.8% -8.1%
College diploma 1,485 10.3% 1.5%
Associate degree 476 3.3% -0.8%
Bachelor's degree 4,786 33.1% 1.4%
Graduate degree 6,034 41.7% 3.7%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Montgomery

How much people earn in Montgomery

The average annual household income in Montgomery was $278,037 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +3.2% change from the previous year. At the same time, the median income stood at $227,242, reflecting a +1.7% shift over the same period.

Average household income in Montgomery
$278,037/year
3.2% year-over-year change
Median household income in Montgomery
$227,242/year
1.7% year-over-year change

Montgomery income by age

In Montgomery, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $231,563. Those with someone between 45 and 64 in charge, often well established professionally, earn $239,554 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $73,095, while those led by someone over 65, many of whom may be retired, have about $124,632 in earnings. Overall, 96.5% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $73,095 33.7%
25 - 44 $231,563 2.0%
45 - 64 $239,554 0.7%
Over 65 $124,632 10.0%
Above poverty level
18,090
Below poverty level
658
Value Percent YoY
change
Above poverty level 18,090 96.5% 1.1%
Below poverty level 658 3.5% 3.6%

Employment in Montgomery

Workforce and job types in Montgomery

95.9% of the working population are employed in professional or administrative positions, while 4.1% are in hands-on or service-based jobs. Also, 11.3% run their own businesses, 69.3% are employed by private companies, and 9.7% work in the public sector.

Workforce demographics

White collar
9,495
Blue collar
404
Value Percent YoY change
White collar 9,495 95.9% 1.3%
Blue collar 404 4.1% 11.0%
Employer type
Self employees
11.3%
Private companies
69.3%
Governmental workers
9.7%
Not for profit companies
9.8%
Value Percent YoY change
Self employees 1,116 11.3% 15.7%
Private companies 6,859 69.3% -0.3%
Governmental workers 958 9.7% -4.7%
Not for profit companies 966 9.8% 8.3%

Transportation in Montgomery

How people get around in Montgomery

In Montgomery, the average commute time is 2 minutes. Commuting methods vary: 85.9% of residents travel by personal vehicle and 5.3% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Commute time
2 min
0.0% year-over-year change
Means of transportation
Value Percent YoY change
Car 5,416 85.9% -2.5%
Taxicab 5 0.1% -72.2%
Bus or trolleybus 114 1.8% 70.2%
Railroad 400 6.3% 23.8%
Bicycle 35 0.6% -5.4%
Walk 337 5.3% -18.8%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Montgomery by zipcode?

Zipcode Population Number of households Median income Average income
08502 11,849 3,983 $227,242 $255,923
08540 50,388 18,609 $176,983 $241,691
08558 7,648 2,767 $236,016 $306,844

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FAQs about Montgomery demographics 

What is the total population of Montgomery?

Montgomery has a total population of 19,235 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +1.2% compared to a year ago.

What is the gender ratio in Montgomery?

The gender ratio in Montgomery is as follows:
  • 49% males (9,435 residents)
  • 51% females (9,800 residents)

What is the median age in Montgomery?

The median age in Montgomery is 41.6.

What is the age distribution of the population in Montgomery?

The age distribution in Montgomery is as follows:
  • Under 15: 19.8% (3,800 residents)
  • Ages 15-24: 13.2% (2,533 residents)
  • Ages 25-44: 20.4% (3,926 residents)
  • Ages 45-64: 32% (6,148 residents)
  • Over 65: 14.7% (2,828 residents)

What is the racial and ethnic makeup of Montgomery?

The racial and ethnic makeup of Montgomery is as follows:
  • White: 48% (9,227 residents)
  • Black or African American: 4.2% (799 residents)
  • American Indian and Alaska Native: 0% (8 residents)
  • Asian: 39.3% (7,558 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (1 residents)
  • Two or More Races: 6.1% (1,167 residents)
  • Other: 2.5% (475 residents)

What percentage of the population in Montgomery are U.S.-born citizens?

U.S.-born citizens represent 66% of the population in Montgomery.

How many housing units are there in Montgomery?

There are 6,852 housing units in Montgomery, reflecting a +0.0% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Montgomery and what is the average household size?

Montgomery has a total of 6,754 households, with an average of 3 people in each.

What is the median household income in Montgomery?

Montgomery has a median household income of $227,242, representing a +1.7% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Montgomery?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 95.9% (9,495 residents)
  • Blue-collar workers: 4.1% (404 residents)

Places of employment:
  • Self-employed: 11.3% (1,116 residents)
  • Private companies: 69.3% (6,859 residents)
  • Governmental workers: 9.7% (958 residents)
  • Not-for-profit companies: 9.8% (966 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025