Lake Hiawatha, NJ

Full City Profile · New Jersey · Morris County County

4.8 /5.0
A+ Excellent
10,406 Population 9,460/sq mi density
$101,500 Median Income $54,688 per capita
$402,500 Home Value $650,945 Zillow
$1,426 Median Rent 19.0% income on rent
53°F Avg Temperature
A+
Overall
4.8 / 5.0
Strong
A+
Economy
4.9 / 5.0
$101,500 median income, 2.4% unemployment
A
Affordability
4.4 / 5.0
$402,500 home value, $1,426/mo rent
A+
Education
5.0 / 5.0
51.0% bachelor's degree or higher

Lake Hiawatha, NJ

At a Glance

Median Income
$101,500
35% above
$54,688 per capita
Home Value
$402,500
43% above
Zillow: $650,945
Median Rent
$1,426/mo
23% above
19.0% of income on rent
Bachelor's Degree+
51.0%
51% above
93.6% high school+
Unemployment
2.4%
33% below
2.3% poverty rate
Obesity Rate
19.8%
38% below
8.7% smoking rate
Avg Temperature
53°F

How Lake Hiawatha Compares to the U.S. Average

Each bar shows Lake Hiawatha's value as a percentage of the national average (100% = U.S. avg)

Income
135%
Home Value
143%
Rent
123%
Poverty
19%
Bachelor's
151%
Unemployment
67%
Thin vertical line = U.S. national average (100%)

Is Lake Hiawatha a Good Place to Live?

A+
4.8 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lake Hiawatha residents earn a median household income of $101,500 , which is 35% above the national average of $75,149. Per capita income is $54,688. The unemployment rate stands at 2.4% (33% below the U.S. rate of 3.6%). 2.3% of residents live below the poverty line. The area is home to 18,002 business establishments, including 1,349 restaurants.

Housing & Cost of Living

The median home value in Lake Hiawatha is $402,500 , 43% above the national median of $281,900. Zillow estimates the typical home at $650,945. Median rent is $1,426/month, with 19.0% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1965.

Education

51.0% of adults in Lake Hiawatha hold a bachelor's degree or higher (51% above the national average). 93.6% have completed high school. Local schools score 7.5/10 in standardized testing.

Climate & Weather

Lake Hiawatha has an average annual temperature of 53°F (12°C). Winters average 31°F in January while summers reach 76°F in July. Annual precipitation totals 44.9 inches. Air quality is rated Good with a median AQI of 37.

Data Overview

People

Population10,406
Median Age40.3 yrs
Density9,460/mi²
Male / Female51% / 49%
Foreign Born38.1%
Veterans2.8%

Economy

A+
Median Income$101,500
Per Capita$54,688
Unemployment2.4%
Poverty2.3%
County GDP$74,395M
Avg Weekly Wage$1,946

Housing

A
Home Value$402,500
Rent$1,426
Ownership60.8%
Zillow$650,945
Housing Units4,296
Rent Burden19.0%

Health

Obesity19.8%
Diabetes8.1%
Smoking8.7%
Heart Disease4.0%
Premature Death4,240/100K

Climate

Avg Temp53°F
Rain44.9 in/yr
AQI37 (Good)
Elevation270 ft

Education

A+
Bachelor's+51.0%
High School+93.6%
Graduate+15.3%
School Score7.5/10

Community

2024 VoteR 50% / D 48%
Commute22 min
Broadband95.3%
Internet Speed105 Mbps
EV Stations2
Libraries37

Did You Know?

The median home in Lake Hiawatha was built in 1965.
The nearest airport is Newark Liberty International (17 miles).
The Gini coefficient (income inequality) is 0.461 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
11.8% of the population has a disability.
38.1% of residents are foreign-born.
Average internet download speed is 105 Mbps.
There are 1,349 restaurants in the area.
The county recorded 19 fatal vehicle crashes.