Living in Mount Laurel, New Jersey
Cost of living, income, home prices, rent and demographics of Mount Laurel · Census data 2020–2024
Mount Laurel has 46,026 residents with a median age of 43. The median household income is $118,802 (15% higher than the New Jersey median), the median home value is $357,200, the median rent is $2,143/month.
Mount Laurel at a glance
- Population
- 46,026
- Median age
- 43State: 40.1
- Median household income
- $118,802State: $103,556
- Median home value
- $357,200State: $454,400
- Median rent
- $2,143/moState: $1,720
- Homeowners
- 77%
- Bachelor's degree or higher
- 57.6%
- Average commute
- 27 min
Is Mount Laurel a good place to live?
Pros: Median household income 15% higher than the New Jersey median; home values 21% lower than the state median; an average commute of 27 minutes; unemployment of 3.9%; a poverty rate of 4.1%.
The weather is best in May–June and August–September.
Cost of living in Mount Laurel
Housing is the biggest part of the cost of living. In Mount Laurel the median home value is $357,200, 7% higher than the U.S. median. Renters pay a median of $2,143 per month, which is 29.3% of household income. Homeowners with a mortgage pay $2,338 a month in housing costs.
Mount Laurel median household income
The median household income in Mount Laurel is $118,802 and the income per person is $65,349. 4.1% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Mount Laurel: homes for sale and rent
- Housing units
- 20,362
- Owner-occupied
- 77%
- Renter-occupied
- 23%
- Vacant
- 3.5%Includes seasonal homes
- Median year built
- 1987
- Average household size
- 2.33
Mount Laurel demographics
- Population
- 46,026
- Median age
- 43
- Under 18
- 18.4%
- 65 and older
- 20.7%
- Households
- 19,657
- Foreign-born
- 14.4%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Mount Laurel ›
Education in Mount Laurel
57.6% of adults 25 and older in Mount Laurel have a bachelor's degree or higher (New Jersey: 43.6%), and 23.2% have a graduate or professional degree.
Jobs and commute in Mount Laurel
- Unemployment rate
- 3.9%State: 6.3%
- Average commute
- 27 minState: 31 min
- Work from home
- 20.7%
- Drive alone
- 72.9%
- Public transit
- 1.6%
- Walk to work
- 0.6%
- Homes with broadband
- 96.7%
Mount Laurel vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mount Laurel | 46,026 | $118,802 | $357,200 | $2,143 |
| Ramblewood | 6,611 | $111,170 | $399,900 | $2,277 |
| Moorestown | 21,548 | $159,700 | $697,200 | $1,718 |
| Moorestown-Lenola | 14,625 | $138,398 | $581,700 | $1,648 |
| Marlton | 10,922 | $94,464 | $341,100 | $1,720 |
| Hainesport | 6,065 | $142,899 | $426,100 | $2,002 |
| Greentree | 11,537 | $145,823 | $438,400 | $2,176 |
| Maple Shade | 20,076 | $78,904 | $250,200 | $1,638 |
| Delran | 18,148 | $106,921 | $342,900 | $1,458 |
More for people moving to Mount Laurel
Mount Laurel ZIP code ›Weather and climate ›Living in Mount Laurel: FAQ
What is the median household income in Mount Laurel, NJ?
The median household income in Mount Laurel is $118,802, 15% 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 Mount Laurel?
The median home value in Mount Laurel is $357,200, compared with $454,400 in New Jersey.
How much is rent in Mount Laurel?
The median gross rent in Mount Laurel is $2,143 per month, about 29.3% of household income.
Is Mount Laurel, NJ a good place to live?
Pluses: median household income 15% higher than the New Jersey median; home values 21% lower than the state median; an average commute of 27 minutes; unemployment of 3.9%; a poverty rate of 4.1%.
What is the median age in Mount Laurel?
The median age in Mount Laurel is 43 years (New Jersey: 40.1).
How long is the commute in Mount Laurel?
The average commute to work in Mount Laurel is 27 minutes; 20.7% of workers work from home.
What is the unemployment rate in Mount Laurel?
The unemployment rate in Mount Laurel is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mount Laurel?
57.6% of adults in Mount Laurel 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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