Montclair, Virginia Income Statistics
Montclair Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
A+
Montclair Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Montclair | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $156,871 | $93,527 | $80,455 |
| Median Personal Income | $97,691 | $68,139 | $60,758 |
| Average Yearly Income Growth | 2.8% | 4.3% | 4.8% |
| Six-Figure Earners | 30.2% | 18.3% | 13.9% |
| $200k+ Households | 34.7% | 17.7% | 13.2% |
The median household income in Montclair is about 68% higher than in Virginia. Income has been growing slower in Montclair (2.8%/yr) than in Virginia (4.3%/yr).
About 30% of adults in Montclair earn six figures ($100,000 or more) a year, higher than the Virginia average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Montclair, Virginia grew by 35.0% from 2009 to 2024, reaching $156,871 in 2024. That's an average of about 2.8% per year.
Income Inequality and the Gender Pay Gap in Montclair
| Metric | Montclair | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.522 | 0.544 | 0.552 |
| Male Median Income | $117,942 | $78,585 | $69,667 |
| Female Median Income | $87,271 | $62,626 | $56,850 |
| Gender Pay Gap | 26.0% | 20.3% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Montclair, it is 0.522, lower than Virginia's 0.544, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 35% more than women's income in Montclair, Virginia. Over a 35-year career, a 35% wage gap accumulates to roughly $1,073,485 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Montclair, Virginia has narrowed from about 35% to 26% in 2024. Over that period the gap was widest at 36% in 2010, and was narrowest at 23% in 2022. In dollar terms, the gap has narrowed by $935 since 2009.
Employment
| Metric | Montclair | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.6% | 4.1% | 5.2% |
| Working from Home | 25.3% | 18.3% | 15.0% |
| Commute time (minutes) | 38 | 23 | 22 |
Approximately 639 people are unemployed in Montclair, Virginia.
The average commute time in Montclair is 38 minutes, longer than the 23 minutes in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Montclair, Virginia has risen from 4.3% to 5.6% in 2024. Over that period the rate fell as low as 2.5% in 2016.
Montclair, VA Wealth Compared With Nearby Cities
How Montclair, VA compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Montclair, VA | 22,425 | $156,871 #1/2 | 2.8%/yr #2/2 | 5.6% #2/2 | 0.522 #1/2 |
| Dale City, VA | 67,951 | $112,930 | 3.3%/yr | 4.9% | 0.549 |
Conclusion
Considering all these factors, Montclair, Virginia has an overall wealth index grade of A+, making it notably better than Virginia, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Montclair, Virginia.
How Rich Is Montclair, Virginia?
Montclair has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $156,871, about 68% higher than the Virginia average of $93,527.
How has median household income changed in Montclair, Virginia?
Between 2009 and 2024, the median household income in Montclair, Virginia rose 35%, from $116,231 to $156,871. Over the same years, income here lagged behind Virginia as a whole: +35% against +55%.
What was the median household income in Montclair in 2023?
In 2023, the median household income in Montclair, Virginia was $147,263, up 1% from $145,354 in 2022. The Virginia median that year was $91,420.
What was the median household income in Montclair in 2020?
In 2020, the median household income in Montclair, Virginia was $125,471. By 2024 it had risen 25% to $156,871.
How many people earn six figures in Montclair, Virginia?
Yes. 30% of adults in Montclair, Virginia earn $100,000 or more a year (about 1 in 3), against 18% (about 1 in 5) in Virginia. 35% of households have a combined income of $200,000 or more, compared with 18% in Virginia.
How strong is the job market in Montclair, Virginia?
Unemployment in Montclair, Virginia is 5.6%, well above the Virginia rate of 4.1%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Montclair, Virginia?
The Gini coefficient in Montclair is 0.522. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Montclair, Virginia?
Since 2009, the income gap between men and women in Montclair, Virginia has narrowed from about 35% to 26% in 2024. Over that period the gap was widest at 36% in 2010, and was narrowest at 23% in 2022. In dollar terms, the gap has narrowed by $935 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →