Mountain Lakes, NJ

Census Place

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2023 Population

4,535

0.8% 1-year growth

US Senator

N/ACory Booker

Democratic Party

US Senator

N/AAndy Kim

Democratic Party

2023 Median Household Income

$250,001

2023 Median Property Value

$915,100

5.21% 1-year growth

About

In 2023, Mountain Lakes, NJ had a population of 4.54k people with a median age of N/A and a median household income of $250,001. Between 2022 and 2023 the population of Mountain Lakes, NJ grew from 4,499 to 4,535, a 0.8% increase and its median household income stayed from $250,001 to $250,001, a 0% change.

N/A

None of the households in Mountain Lakes, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

In 2023, the median property value in Mountain Lakes, NJ was $915,100, and the homeownership rate was 97.1%.

Most people in Mountain Lakes, NJ drove alone to work, and the average commute time was 34.9 minutes. The average car ownership in Mountain Lakes, NJ was 2 cars per household.

United States New Jersey Morris County, NJ New York-Newark-Jersey City, NY-NJ-PA Morris County (North)--Dover Town & Kinnelon Borough PUMA, NJ Morris County (East)--Lincoln Park Borough PUMA, NJ

Economy

The economy of Mountain Lakes, NJ employs N/A people. The largest industries in Mountain Lakes, NJ are Professional, Scientific, & Technical Services (469 people), Finance & Insurance (318 people), and Manufacturing (298 people), and the highest paying industries are Wholesale Trade ($250,001), Real Estate & Rental & Leasing ($250,001), and Manufacturing ($230,114).

Employment

Occupations

N/A

N/A Value

± N/A

From N/A to N/A, employment in Mountain Lakes, NJ stayed at a rate of NaNk%, from N/A employees to N/A employees.

The most common job groups, by number of people living in Mountain Lakes, NJ, are Management Occupations (597 people), Business & Financial Operations Occupations (327 people), and Health Diagnosing & Treating Practitioners & Other Technical Occupations (220 people). This chart illustrates the share breakdown of the primary jobs held by residents of Mountain Lakes, NJ.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

N/A

N/A Value

± N/A

From N/A to N/A, employment in Mountain Lakes, NJ stayed at a rate of NaNk%, from N/A employees to N/A employees.

The most common employment sectors for those who live in Mountain Lakes, NJ, are Professional, Scientific, & Technical Services (469 people), Finance & Insurance (318 people), and Manufacturing (298 people). This chart shows the share breakdown of the primary industries for residents of Mountain Lakes, NJ, though some of these residents may live in Mountain Lakes, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

Employment by Industry Sector

Data is only available at the state level. Showing data for N/A.

Y-Axis

N/A%

Year-over-year N/A

Employment change between N/A N/A and N/A N/A

As of N/A N/A, there are N/A people employed in N/A. This represents a N/A% N/A in employment when compared to N/A N/A.

Right after the beginning of the COVID-19 pandemic, during N/A, a general dip can be seen across industry sectors, resulting in an overall N/A in employment by N/A%.

The following chart shows monthly employment numbers for each industry sector in N/A.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for New Jersey.

Measure

In 2022, 1.15% of men over 25 years of age had not completed any academic degree (no schooling), while 1.13% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for New Jersey.

Race

The most common educational levels obtained by the working population in false were N/A.

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Mountain Lakes, NJ was $915,100 in 2023, which is 3.02 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $869,800 to $915,100, a 5.21% increase. The homeownership rate in Mountain Lakes, NJ is 97.1%, which is approximately the same as the national average of 65%.

People in Mountain Lakes, NJ have an average commute time of 34.9 minutes, and they drove alone to work. Car ownership in Mountain Lakes, NJ is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$915,100

Median Property Value 2023

±$77,587

N/A

Median Property Taxes

±N/A

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Mountain Lakes, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Mountain Lakes, NJ compared to it's parent and neighbor geographies.

Rent vs Own

97.1%

Homeownership

2023

64.1%

Homeowners with Mortgage

2023

In 2023, 97.1% of the housing units in Mountain Lakes, NJ were occupied by their owner. This percentage grew from the previous year's rate of 96.2%.

This chart shows the percentage of owner in Mountain Lakes, NJ compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

Census Tract 412

Highest Median Household Income (Total)

The following map shows all of the places in Mountain Lakes, NJ colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$250,001

Median Household Income

± N/A

1.42k

Number of Households

± 237

In 2023, the median household income of the 1.42k households in Mountain Lakes, NJ stayed at $250,001 from the previous year's value of $250,001.

The following chart displays the households in Mountain Lakes, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the N/A range.

Wage Distribution

The closest comparable wage GINI for Mountain Lakes, NJ is from New Jersey.

0.489

2022 Wage GINI in New Jersey

0.49

2021 Wage GINI in New Jersey

In 2022, the income inequality in New Jersey was 0.489 according to the GINI calculation of the wage distribution. Income inequality had a 0.278% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.478. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (58.9%)
Worked At Home (30.7%)
Public Transit (6.18%)

In 2023, 58.9% of workers in Mountain Lakes, NJ drove alone to work, followed by those who worked at home (30.7%) and those who used public transit to get to work (6.18%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

34.9 minutes

Average Travel Time

Using averages, employees in Mountain Lakes, NJ have a longer commute time (34.9 minutes) than the normal US worker (26.6 minutes). Additionally, 7.5% of the workforce in Mountain Lakes, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Mountain Lakes, NJ compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Mountain Lakes, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Mountain Lakes, NJ have 2 cars.

Poverty

Poverty & Diversity

N/A% of the population for whom poverty status is determined in Mountain Lakes, NJ (N/A out of N/A people) live below the poverty line, a number that is approximately the same as the national average of 12.4%. The largest demographic living in poverty are N/A N/A, followed by N/A N/A and then N/A N/A.

The most common racial or ethnic group living below the poverty line in Mountain Lakes, NJ is White, followed by Asian and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

N/A% of the population of Mountain Lakes, NJ has health coverage, with N/A% on employee plans, N/A% on Medicaid, N/A% on Medicare, N/A% on non-group plans, and N/A% on military or VA plans.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 34.2% under 18 years, 9.15% between 18 and 34 years, 45.2% between 35 and 64 years, and 11.4% over 64 years.

By gender, of the total number of insured persons, 53% were men and 47% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

N/A%

Uninsured

N/A%

Employer Coverage

N/A%

Medicaid

N/A%

Medicare

N/A%

Non-Group

N/A%

Military or VA

Between N/A and N/A, the percent of uninsured citizens in Mountain Lakes, NJ N/A by N/A from N/A% to N/A%.

The following chart shows how the percent of uninsured individuals in Mountain Lakes, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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