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Mountain Lakes, NJ

Full City Profile · New Jersey · Morris County County

4.3 /5.0
A Great
4,535 Population 1,718/sq mi density
$250,001 Median Income $102,826 per capita
$915,100 Home Value $1,156,954 Zillow
$2,941 Median Rent 51.0% income on rent
52°F Avg Temperature 275 sunny days/yr
A
Overall
4.3 / 5.0
Strong
A+
Economy
5.0 / 5.0
$250,001 median income, 1.4% unemployment
A+
Affordability
4.6 / 5.0
$915,100 home value, $2,941/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
84.4% bachelor's degree or higher

Income Overview

Median Household Income
$250,001
233% above
US avg: $75,149
Per Capita Income
$102,826
163% above
US avg: $39,052
Unemployment Rate
1.4%
61% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Mountain Lakes vs. U.S. Average

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

Median Household
US: $75,149
$250,001
333%
Per Capita
US: $39,052
$102,826
263%
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
35 min
26% above US avg (28 min)
Work From Home
30.7%
102% above US avg (15.2%)
Drive Alone
58.9%
20% below US avg (73.2%)
Public Transit
6.2%
24% above US avg (5.0%)
County GDP
$74,395M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 58.9%
Public Transit 6.2%
Work From Home 30.7%
Other 4.2%
Average commute time
35 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$250,001
Per Capita Income$102,826
IRS Avg Adjusted Gross Income$156,784
Avg Weekly Wage$1,946
County GDP$74,395M

Hardship Indicators

Unemployment Rate1.4%
Poverty Rate0.0%
Gini Coefficient0.461
Cost of Living Index108.8

Commute

Mean Commute35 minutes
Drive Alone58.9%
Public Transit6.2%
Work From Home30.7%

Businesses

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

Tax

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