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Lake Telemark, NJ

Full City Profile · New Jersey · Morris County County

3.5 /5.0
B+ Good
1,519 Population 713/sq mi density
$107,065 Median Income $46,341 per capita
$424,200 Home Value $1,156,954 Zillow
52°F Avg Temperature 275 sunny days/yr
31 Violent Crime/100K 813 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$107,065 median income, 6.5% unemployment
A
Affordability
4.5 / 5.0
$424,200 home value, /mo rent
F
Safety
1.0 / 5.0
31 violent crimes/100K
A+
Education
4.8 / 5.0
47.0% bachelor's degree or higher

Income Overview

Median Household Income
$107,065
42% above
US avg: $75,149
Per Capita Income
$46,341
19% above
US avg: $39,052
Unemployment Rate
6.5%
81% above
US avg: 3.6%
Poverty Rate
15.3%
23% above
US avg: 12.4%

Income Comparison: Lake Telemark vs. U.S. Average

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

Median Household
US: $75,149
$107,065
142%
Per Capita
US: $39,052
$46,341
119%
IRS Avg AGI
US: $72,000
$156,784
218%
Avg Weekly Wage
US: $1,432
$1,946
136%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,946
36% above US avg ($1,432)
Mean Commute Time
31 min
11% above US avg (28 min)
Work From Home
16.7%
10% above US avg (15.2%)
Drive Alone
78.8%
8% above US avg (73.2%)
Public Transit
1.8%
65% below US avg (5.0%)
County GDP
$74,395M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 78.8%
Public Transit 1.8%
Work From Home 16.7%
Other 2.7%
Average commute time
31 minutes
US avg: 28 min

Business Landscape

Total Establishments
18,002
Restaurants
1,349
Healthcare
1,822
Retail
1,639
Manufacturing
496

Tax & Financial

IRS Avg Adjusted Gross Income
$156,784
118% above US avg ($72,000)
Avg Property Tax
$13,570
288% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$107,065
Per Capita Income$46,341
IRS Avg Adjusted Gross Income$156,784
Avg Weekly Wage$1,946
County GDP$74,395M

Hardship Indicators

Unemployment Rate6.5%
Poverty Rate15.3%
Gini Coefficient0.461
Cost of Living Index108.8

Commute

Mean Commute31 minutes
Drive Alone78.8%
Public Transit1.8%
Work From Home16.7%

Businesses

Total Establishments18,002
Restaurants1,349
Healthcare1,822
Retail1,639
Manufacturing496

Tax

IRS Avg AGI$156,784
Avg Property Tax$13,570