2025 Compare Cities Economy:
Montvale, NJ vs Winsted, CT

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Highlights
- Household income in Winsted, is 64% less than it is in Montvale and is 18% below the National Average.
- Montvale unemployment rate is 7.4%.
- Winsted unemployment rate is 7.9%.
 Montvale, NJWinsted, CTUnited States
 Unemployment Rate  Unlock7.9%6.0%
 Recent Job Growth  Unlock-0.4%1.6%
 Future Job Growth25.3%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$65,857  Unlock$37,638
 Household Income  Unlock$58,661$69,021
 Family Median Income$168,333  Unlock$85,028
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 Est. Households By Income
 Montvale, NJWinsted, CTUnited States
 Income Less Than 15K  Unlock21.0%9.4%
 Income between 15K and 20K2.6%  Unlock3.8%
 Income between 20K and 30K  Unlock8.8%8.1%
 Income between 30K and 40K2.7%  Unlock8.0%
 Income between 40K and 50K  Unlock7.0%7.6%
 Income between 50K and 60K3.2%  Unlock7.2%
 Income between 60K and 75K  Unlock14.4%9.6%
 Income between 75K and 100K8.3%  Unlock12.8%
 Income between 100K and 150K  Unlock11.7%16.3%
 Income between 150K and 200K22.1%  Unlock7.8%
 Income greater than 200K  Unlock1.8%9.5%
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 Population By Occupation
 Montvale, NJWinsted, CTUnited States
 Management, business, finance26.9%  Unlock16.4%
 Engineering, computers, science  Unlock6.2%6.5%
 Community, social services2.0%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library14.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.2%2.0%
 Healthcare practitioners and technology5.6%  Unlock6.2%
 Healthcare support  Unlock8.3%3.3%
 Firefighters, law enforcement2.5%  Unlock2.1%
 Food preparation, serving  Unlock15.7%5.4%
 Building maintenance0.0%  Unlock3.6%
 Personal care  Unlock1.4%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  Unlock14.4%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

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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

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Reviews for Winsted    2 Reviews

Over 11 years ago

Winsted is a old mill city in the town of Winchester. The surrounding area is beautiful and has an abundance of boating and outdoor activity possibilities. As a  More

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Its a nice small town. The home prices are good here which is what brought me to this town, the schools are great in my opinion- there are small classes which offers  More

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