Pompton Lakes, NJ Profile: Facts & Data

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Pompton Lakes, New Jersey - Basic Facts

The Borough of Pompton Lakes had a population of 10,932 as of July 1, 2020.

The primary coordinate point for Pompton Lakes is located at latitude 41.0054 and longitude -74.2907 in Passaic County. The formal boundaries for the Borough of Pompton Lakes encompass a land area of 2.91 sq. miles and a water area of 0.28 sq. miles. Passaic County is in the Eastern time zone (GMT -5). The elevation is 217 feet.

The Borough of Pompton Lakes (GNIS ID: 885359) 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.


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Pompton Lakes, NJ Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 10,932 (100%)
Population in Households 10,914 (99.8%)
Population in Families 9,224 (84.4%)
Population in Group Quarters1 18 ( 0.2%)
Population Density 3,787
Diversity Index2 49
 
 

INCOME

Median Household Income $100,643
Average Household Income $119,361
% of Income for Mortgage4 13%
Per Capita Income $45,063
Wealth Index5 145
 

HOUSING

Total HU (Housing Units) 4,346 (100%)
Owner Occupied HU 3,178 (73.1%)
Renter Occupied HU 949 (21.8%)
Vacant Housing Units 219 ( 5.0%)
Median Home Value $321,455
Average Home Value $332,607
Housing Affordability Index3 129
 

HOUSEHOLDS

Total Households 4,127
Average Household Size 2.64
Family Households 2,866
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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 races 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -0.15% -0.09%
Households -0.15% -0.11%
Families -0.23% -0.15%
Median Household Income   1.03%
Per Capita Income   2.22%
Owner Occupied HU   0.0%

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Pompton Lakes, NJ - Peer Comparisons by Rank and Percentile

The table below compares Pompton Lakes to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2020 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 # 129 77th
Population Density # 173 68th
Median Household Income # 193 65th
Housing Affordability Index # 289 53rd
Per Capita Income # 248 55th
Diversity Index # 237 57th

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

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