Living in Mountain Lake, New Jersey
Cost of living, income, home prices, rent and demographics of Mountain Lake · Census data 2020–2024
Mountain Lake has 574 residents with a median age of 55.4. The median household income is $108,056 (4% higher than the New Jersey median), the median home value is $340,000, the median rent is $1,808/month.
Mountain Lake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Mountain Lake at a glance
- Population
- 574
- Median age
- 55.4State: 40.1
- Median household income
- $108,056State: $103,556
- Median home value
- $340,000State: $454,400
- Median rent
- $1,808/moState: $1,720
- Homeowners
- 90.2%
- Bachelor's degree or higher
- 25.6%
- Average commute
- 32 min
Is Mountain Lake a good place to live?
Pros: Median household income 4% higher than the New Jersey median; home values 25% lower than the state median; unemployment of 1.4%; a poverty rate of 8.5%.
Cons: An average commute of 32 minutes.
The weather is best in June to September.
Cost of living in Mountain Lake
Housing is the biggest part of the cost of living. In Mountain Lake the median home value is $340,000, about the same as the U.S. median. Renters pay a median of $1,808 per month, which is 18.6% of household income. Homeowners with a mortgage pay $1,606 a month in housing costs.
Mountain Lake median household income
The median household income in Mountain Lake is $108,056 and the income per person is $61,357. 8.5% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Mountain Lake: homes for sale and rent
- Housing units
- 308
- Owner-occupied
- 90.2%
- Renter-occupied
- 9.8%
- Vacant
- 20.8%Includes seasonal homes
- Median year built
- 1956
- Average household size
- 2.35
Mountain Lake demographics
- Population
- 574
- Median age
- 55.4
- Under 18
- 6.3%
- 65 and older
- 15.7%
- Households
- 244
- Foreign-born
- 10.1%
- Veterans
- 6.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Mountain Lake ›
Education in Mountain Lake
25.6% of adults 25 and older in Mountain Lake have a bachelor's degree or higher (New Jersey: 43.6%), and 8.7% have a graduate or professional degree.
Jobs and commute in Mountain Lake
- Unemployment rate
- 1.4%State: 6.3%
- Average commute
- 32 minState: 31 min
- Work from home
- 5.7%
- Drive alone
- 74%
- Public transit
- 2.1%
- Walk to work
- 2.1%
- Homes with broadband
- 98.4%
Mountain Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mountain Lake | 574 | $108,056 | $340,000 | $1,808 |
| Bridgeville | 104 | $75,500 | — | — |
| Liberty | 2,680 | $120,494 | $363,600 | $1,695 |
| Hope | 1,818 | $105,625 | $426,600 | $1,355 |
| White | 4,679 | $75,726 | $349,500 | $907 |
| Oxford | 2,665 | $102,600 | $263,200 | $1,635 |
| Mount Hermon | 207 | $55,417 | $405,200 | — |
| Belvidere | 2,538 | $95,714 | $279,600 | $1,008 |
| Delaware | 101 | $66,528 | $266,700 | — |
More for people moving to Mountain Lake
Mountain Lake ZIP code ›Weather and climate ›Living in Mountain Lake: FAQ
What is the median household income in Mountain Lake, NJ?
The median household income in Mountain Lake is $108,056, 4% 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 Mountain Lake?
The median home value in Mountain Lake is $340,000, compared with $454,400 in New Jersey.
How much is rent in Mountain Lake?
The median gross rent in Mountain Lake is $1,808 per month, about 18.6% of household income.
Is Mountain Lake, NJ a good place to live?
Pluses: median household income 4% higher than the New Jersey median; home values 25% lower than the state median; unemployment of 1.4%; a poverty rate of 8.5%. Minuses: an average commute of 32 minutes.
What is the median age in Mountain Lake?
The median age in Mountain Lake is 55.4 years (New Jersey: 40.1).
How long is the commute in Mountain Lake?
The average commute to work in Mountain Lake is 32 minutes; 5.7% of workers work from home.
What is the unemployment rate in Mountain Lake?
The unemployment rate in Mountain Lake is 1.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mountain Lake?
25.6% of adults in Mountain Lake 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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