Mountain Lakes, NJ Profile: Facts, Map & Data

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Mountain Lakes, New Jersey - Basic Facts

The Borough of Mountain Lakes had a population of 4,359 as of July 1, 2017.

The primary coordinate point for Mountain Lakes is located at latitude 40.8914 and longitude -74.4411 in Morris County. The formal boundaries for the Borough of Mountain Lakes (see map below) encompass a land area of 2.62 sq. miles and a water area of 0.27 sq. miles. Morris County is in the Eastern time zone (GMT -5). The elevation is 489 feet.

The Borough of Mountain Lakes (GNIS ID: 885310) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Beneath the boundary map are tables with Mountain Lakes population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.


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Borough of Mountain Lakes, NJ Boundary Map



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Mountain Lakes, NJ Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 4,359
Daytime Population: Workers 2,516
Daytime Population: Residents 2,589
Total Daytime Population (TDP) 5,105
Ratio TDP/Total Population1 1.17
Population in Households 4,359
Population in Familes 4,122
Population in Group Qrtrs 0
Population Density2 1,666
Diversity Index3 29
 

INCOME

Median Household Income $198,195
Average Household Income $264,601
Per Capita Income $83,041

HOUSING

Total Housing Units 1,423 (100%)
Owner Occupied HU 1,295 (91.0%)
Renter Occupied HU 73 ( 5.1%)
Vacant Housing Units 55 ( 3.9%)
Median Home Value $907,764
Average Home Value $918,263
 

HOUSEHOLDS

Total Households 1,368
Average Household Size 3.19
Family Households 1,192
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.65% 0.52%
Households 0.57% 0.45%
Families 0.57% 0.45%
Median Household Income   0.18%
Per Capita Income   1.37%

Mountain Lakes, NJ - Peer Comparisons by Rank and Percentile

The table below compares Mountain Lakes to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 286 48th
Population Density # 364 33rd
Diversity Index # 373 32nd
Median Household Income # 5 99th
Per Capita Income # 11 98th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.

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