New Jersey · Census place 39120
Laurel Lake CDP, NJ
Quick answer
Laurel Lake CDP has 2,514 residents, ranking #421 of 700 places in New Jersey. Median household income is $51,633, the median home is worth $138,100 and median gross rent runs $1,171 a month.
- Population
- 2,514Laurel Lake CDP residents
- Median household income
- $51,633Past 12 months, inflation adjusted
- Median home value
- $138,100Owner-occupied units
- Median gross rent
- $1,171Rent plus utilities, monthly
- Median age
- 44.1 yrsAll residents
- Homeownership rate
- 78.6%Owner-occupied households
What the numbers mean in Laurel Lake CDP
Housing cost measured against local earnings.
A household earning the Laurel Lake CDP median would spend about 27.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.9% of residents and 78.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- East Newark borough 2,529
- Belvidere town 2,526
- Whittingham CDP 2,516
- Beverly city 2,489
- Clearbrook CDP 2,477
- Thorofare CDP 2,419
- Pine Beach borough 2,378
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