Living in Lake Telemark, New Jersey
Cost of living, income, home prices, rent and demographics of Lake Telemark · Census data 2020–2024
Lake Telemark has 1,506 residents with a median age of 32.5. The median household income is $110,042 (6% higher than the New Jersey median), the median home value is $464,100.
Lake Telemark at a glance
- Population
- 1,506
- Median age
- 32.5State: 40.1
- Median household income
- $110,042State: $103,556
- Median home value
- $464,100State: $454,400
- Homeowners
- 95.2%
- Bachelor's degree or higher
- 41.9%
- Average commute
- 37 min
Is Lake Telemark a good place to live?
Pros: Median household income 6% higher than the New Jersey median; a poverty rate of 9.1%.
Cons: Home values about the same as the state median; an average commute of 37 minutes; unemployment of 6.8%.
The weather is best in June to September.
Cost of living in Lake Telemark
Housing is the biggest part of the cost of living. In Lake Telemark the median home value is $464,100, 39% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,798 a month in housing costs.
Lake Telemark median household income
The median household income in Lake Telemark is $110,042 and the income per person is $47,129. 9.1% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Lake Telemark: homes for sale and rent
- Housing units
- 525
- Owner-occupied
- 95.2%
- Renter-occupied
- 4.8%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.87
Lake Telemark demographics
- Population
- 1,506
- Median age
- 32.5
- Under 18
- 25.2%
- 65 and older
- 14.1%
- Households
- 525
- Foreign-born
- 10.9%
- Veterans
- 6.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Telemark ›
Education in Lake Telemark
41.9% of adults 25 and older in Lake Telemark have a bachelor's degree or higher (New Jersey: 43.6%), and 17.1% have a graduate or professional degree.
Jobs and commute in Lake Telemark
- Unemployment rate
- 6.8%State: 6.3%
- Average commute
- 37 minState: 31 min
- Work from home
- 20.2%
- Drive alone
- 74.8%
- Public transit
- 3%
- Walk to work
- 0%
- Homes with broadband
- 98.3%
Lake Telemark vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Telemark | 1,506 | $110,042 | $464,100 | — |
| Hibernia | 115 | $121,205 | $451,800 | — |
| White Meadow Lake | 8,842 | $149,324 | $470,800 | $2,686 |
| Jefferson | 20,587 | $119,836 | $428,200 | $1,480 |
| Mount Hope | 3,120 | $86,607 | $398,000 | $1,585 |
| Rockaway | 6,613 | $107,053 | $448,100 | $1,587 |
| Oak Ridge | 10,954 | $121,875 | $436,100 | $1,372 |
| Denville | 17,205 | $160,817 | $564,600 | $1,817 |
| Lake Hopatcong | 10,259 | $117,625 | $424,200 | $1,686 |
More for people moving to Lake Telemark
Lake Telemark ZIP code ›Weather and climate ›Living in Lake Telemark: FAQ
What is the median household income in Lake Telemark, NJ?
The median household income in Lake Telemark is $110,042, 6% 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 Telemark?
The median home value in Lake Telemark is $464,100, compared with $454,400 in New Jersey.
Is Lake Telemark, NJ a good place to live?
Pluses: median household income 6% higher than the New Jersey median; a poverty rate of 9.1%. Minuses: home values about the same as the state median; an average commute of 37 minutes; unemployment of 6.8%.
What is the median age in Lake Telemark?
The median age in Lake Telemark is 32.5 years (New Jersey: 40.1).
How long is the commute in Lake Telemark?
The average commute to work in Lake Telemark is 37 minutes; 20.2% of workers work from home.
What is the unemployment rate in Lake Telemark?
The unemployment rate in Lake Telemark is 6.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Telemark?
41.9% of adults in Lake Telemark 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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