2025 Compare Cities Economy:
Montvale, NJ vs Edgewater, NJ

Change Cities
Highlights
- Household income in Edgewater, is 22% less than it is in Montvale and is 45% above the National Average.
- Montvale unemployment rate is 7.4%.
- Edgewater unemployment rate is 7.4%.
 Montvale, NJEdgewater, NJUnited States
 Unemployment Rate  Unlock7.4%6.0%
 Recent Job Growth  Unlock-0.5%1.6%
 Future Job Growth25.3%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$65,857  Unlock$37,638
 Household Income  Unlock$126,483$69,021
 Family Median Income$168,333  Unlock$85,028
 space
 Est. Households By Income
 Montvale, NJEdgewater, NJUnited States
 Income Less Than 15K  Unlock6.8%9.4%
 Income between 15K and 20K2.6%  Unlock3.8%
 Income between 20K and 30K  Unlock8.5%8.1%
 Income between 30K and 40K2.7%  Unlock8.0%
 Income between 40K and 50K  Unlock2.5%7.6%
 Income between 50K and 60K3.2%  Unlock7.2%
 Income between 60K and 75K  Unlock4.2%9.6%
 Income between 75K and 100K8.3%  Unlock12.8%
 Income between 100K and 150K  Unlock17.8%16.3%
 Income between 150K and 200K22.1%  Unlock7.8%
 Income greater than 200K  Unlock29.3%9.5%
 space1
 Population By Occupation
 Montvale, NJEdgewater, NJUnited States
 Management, business, finance26.9%  Unlock16.4%
 Engineering, computers, science  Unlock13.1%6.5%
 Community, social services2.0%  Unlock1.8%
 Legal  Unlock1.6%1.2%
 Education, library14.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.3%2.0%
 Healthcare practitioners and technology5.6%  Unlock6.2%
 Healthcare support  Unlock0.0%3.3%
 Firefighters, law enforcement2.5%  Unlock2.1%
 Food preparation, serving  Unlock2.4%5.4%
 Building maintenance0.0%  Unlock3.6%
 Personal care  Unlock2.3%2.6%
 Sales, office, administrative support27.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair1.6%  Unlock8.1%
 Production, transportation, material moving  Unlock1.9%13.1%
Reviews for Montvale    2 Reviews

Terrific location in northern NJ provides access to all kinds of entertainment, culture, experiences, etc. Great schools. Only problem is the cost of living in  More

   |    Reply

Over 17 years ago

As is the case in most of the New York City metropolitan area, the cost of living is so high as to be absurd. The high costs of housing, utilities, entertainment, and  More

   |    Reply

Start Your Review of Montvale

Reviews for Edgewater    4 Reviews

I used to live in NYC. The prices now in rent, resturaunts and stores has become exorbitant. Edgewater has the quality of NYC at lesser prices. Plus it has  More

   |    Reply

Over 15 years ago

The housing in Edgewater has become pricey and beautiful in a great area right next to New York City. It has gotten crowed over the last 5 years. It is a great place  More

   |    Reply

Over 17 years ago

I'm a big fan, although a a matter of principle I don't believe in boosterism. There are hundreds of wonderful places to live. Edgewater, thankfully, happens to be one  More

   |    Reply

Start Your Review of Edgewater


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.