New Jersey · Census place 48480
Mountain Lakes borough, NJ
Quick answer
Mountain Lakes borough has 4,535 residents, ranking #316 of 700 places in New Jersey. Median household income is $250,001, the median home is worth $915,100 and median gross rent runs $2,941 a month.
- Population
- 4,535Mountain Lakes borough residents
- Median household income
- $250,001Past 12 months, inflation adjusted
- Median home value
- $915,100Owner-occupied units
- Median gross rent
- $2,941Rent plus utilities, monthly
- Median age
- 43.6 yrsAll residents
- Homeownership rate
- 97.1%Owner-occupied households
What the numbers mean in Mountain Lakes borough
Housing cost measured against local earnings.
A household earning the Mountain Lakes borough median would spend about 14.1% 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 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 1.3% of residents and 97.1% 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.
- Neptune City borough 4,607
- Highlands borough 4,575
- Mullica Hill CDP 4,561
- Buena borough 4,500
- Landing CDP 4,499
- McGuire AFB CDP 4,491
- Beattystown CDP 4,479
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