Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.6 yrs |
|---|---|
| Avg HH Size | 3.20 |
| Below Poverty | 1.3% ▼ 87% below avg |
| College Grads | 87.0% ▲ 125% above avg |
| Unemployment | 2.1% ▼ 57% below avg |
| No HS Diploma | 15 (0.6%) |
| HS Graduate | 206 (8.1%) |
| Some College | 22 (0.9%) |
| Associates | 89 (3.5%) |
| Bachelors | 57 (2.2%) |
| Graduate Degree | 2,168 (84.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $250,001 ▲ 228% above avg |
|---|---|
| Median Home Value | $915,100 ▲ 228% above avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $2,941/mo |
| Total Housing Units | 1,451 |
| Vacant Units | 33 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Mountain Lakes is a city in New Jersey, located in Morris County. The city spans 1 ZIP code and is home to approximately 4,535 residents. It is a middle-aged city, with a median age of 43.6 years.
Economically, Mountain Lakes is a affluent community. The median household income of $250,001 is more than double the national average. Approximately 1.3% of residents live below the poverty line. The unemployment rate is 2.1%, well below the national average.
The real estate market in Mountain Lakes is among the most expensive housing markets in the country. Median home values stand at $915,100, which is more than double the national average. Renters typically pay around $2,941 per month. Homeownership is high at 97.1%, typical of suburban and family-oriented communities.
The population of Mountain Lakes is highly educated. 87.0% of adults hold a bachelor's degree or higher — more than double the national average. The community is primarily White (78.02%).
Mountain Lakes, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07046 | 4,535 | $250,001 | $915,100 | $2,941 | 2.1% | 87.0% | 97.1% |