Living in Lake Mohawk, New Jersey

Cost of living, income, home prices, rent and demographics of Lake Mohawk · Census data 2020–2024

Lake Mohawk has 9,508 residents with a median age of 43.3. The median household income is $149,135 (44% higher than the New Jersey median), the median home value is $441,700, the median rent is $1,989/month.

Lake Mohawk at a glance

Population
9,508
Median age
43.3State: 40.1
Median household income
$149,135State: $103,556
Median home value
$441,700State: $454,400
Median rent
$1,989/moState: $1,720
Homeowners
84.5%
Bachelor's degree or higher
60.8%
Average commute
35 min

Is Lake Mohawk a good place to live?

Pros: Median household income 44% higher than the New Jersey median; home values about the same as the state median; unemployment of 3.9%; a poverty rate of 2.2%.

Cons: An average commute of 35 minutes.

The weather is best in June to September.

Cost of living in Lake Mohawk

Housing is the biggest part of the cost of living. In Lake Mohawk the median home value is $441,700, 33% higher than the U.S. median. Renters pay a median of $1,989 per month, which is 29.9% of household income. Homeowners with a mortgage pay $2,935 a month in housing costs.

Median home value

Lake Mohawk$441,700
New Jersey$454,400
United States$332,700

Median monthly rent

Lake Mohawk$1,989
New Jersey$1,720
United States$1,413

Lake Mohawk median household income

The median household income in Lake Mohawk is $149,135 and the income per person is $70,358. 2.2% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Lake Mohawk$149,135
New Jersey$103,556
United States$80,734

Housing in Lake Mohawk: homes for sale and rent

Housing units
4,109
Owner-occupied
84.5%
Renter-occupied
15.5%
Vacant
6.6%Includes seasonal homes
Median year built
1963
Average household size
2.47

Lake Mohawk demographics

Population
9,508
Median age
43.3
Under 18
21%
65 and older
15.5%
Households
3,839
Foreign-born
8.6%
Veterans
2.8%Adults 18+

Race and ethnicity

White85%
Hispanic or Latino7.3%
Black0.7%
Asian4.2%

Hispanic or Latino can be of any race. Population history of Lake Mohawk ›

Education in Lake Mohawk

60.8% of adults 25 and older in Lake Mohawk have a bachelor's degree or higher (New Jersey: 43.6%), and 25.9% have a graduate or professional degree.

Bachelor's degree or higher

Lake Mohawk60.8%
New Jersey43.6%
United States35.7%

Jobs and commute in Lake Mohawk

Unemployment rate
3.9%State: 6.3%
Average commute
35 minState: 31 min
Work from home
22.9%
Drive alone
68%
Public transit
1.6%
Walk to work
2.9%
Homes with broadband
96%

Lake Mohawk vs nearby towns

TownPopulationMedian incomeHome valueRent
Lake Mohawk9,508$149,135$441,700$1,989
Sparta20,077$167,963$484,200$1,864
Hopatcong14,565$115,758$340,700$1,777
Andover728$92,750$400,000$1,597
Ogdensburg2,160$105,551$324,500$1,445
Newton8,369$76,221$302,700$1,442
Byram8,119$138,854$389,900$1,561
Lake Hopatcong10,259$117,625$424,200$1,686
Jefferson20,587$119,836$428,200$1,480

More for people moving to Lake Mohawk

Lake Mohawk ZIP code ›Weather and climate ›

Living in Lake Mohawk: FAQ

What is the median household income in Lake Mohawk, NJ?

The median household income in Lake Mohawk is $149,135, 44% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Lake Mohawk?

The median home value in Lake Mohawk is $441,700, compared with $454,400 in New Jersey.

How much is rent in Lake Mohawk?

The median gross rent in Lake Mohawk is $1,989 per month, about 29.9% of household income.

Is Lake Mohawk, NJ a good place to live?

Pluses: median household income 44% higher than the New Jersey median; home values about the same as the state median; unemployment of 3.9%; a poverty rate of 2.2%. Minuses: an average commute of 35 minutes.

What is the median age in Lake Mohawk?

The median age in Lake Mohawk is 43.3 years (New Jersey: 40.1).

How long is the commute in Lake Mohawk?

The average commute to work in Lake Mohawk is 35 minutes; 22.9% of workers work from home.

What is the unemployment rate in Lake Mohawk?

The unemployment rate in Lake Mohawk is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Lake Mohawk?

60.8% of adults in Lake Mohawk have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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