Also See Laurel Lake, NJ: ZIP Codes & Maps
The Laurel Lake CDP(1) had a population of 2,769 as of July 1, 2023.
The primary coordinate point for Laurel Lake is located at latitude 39.3396 and longitude -75.0299 in Cumberland County. The formal boundaries for the Laurel Lake Census Designated Place encompass a land area of 1.74 sq. miles and a water area of 0.12 sq. miles. Cumberland County is in the Eastern time zone (GMT -5).
The Laurel Lake Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.
The Laurel Lake Census Designated Place is located within City of Millville, a minor civil division (MCD) of Cumberland County.
POPULATION | |
---|---|
Total Population | 2,769 (100%) |
Population in Households | 2,769 (100.0%) |
Population in Families | 2,192 (79.2%) |
Population in Group Quarters1 | 0 |
Population Density | 1,593 |
Diversity Index2 | 47 |
INCOME | |
Median Household Income | $48,521 |
Average Household Income | $62,153 |
% of Income for Mortgage4 | 17% |
Per Capita Income | $23,366 |
Wealth Index5 | 41 |
Socioeconomic Status Index6 | Low (41.9) |
HOUSING | |
---|---|
Total HU (Housing Units) | 1,243 (100%) |
Owner Occupied HU | 651 (52.4%) |
Renter Occupied HU | 390 (31.4%) |
Vacant Housing Units | 202 (16.3%) |
Median Home Value | $133,547 |
Average Home Value | $228,955 |
Housing Affordability Index3 | 117 |
HOUSEHOLDS | |
Total Households | 1,041 |
Average Household Size | 2.66 |
Family Households | 702 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -1.00% | -0.79% |
Households | -0.70% | -0.52% |
Families | -0.55% | |
Median Household Income | 1.41% | |
Per Capita Income | 1.94% | |
Owner Occupied HU | 0.40% |
The table below compares Laurel Lake to the other 700 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2023 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 | # 400 | 43rd |
Population Density | # 418 | 40th |
Median Household Income | # 675 | 4th |
Housing Affordability Index | # 654 | 93rd |
Per Capita Income | # 678 | 3rd |
Diversity Index | # 418 | 41st |
Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.
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