How much do homeowners pay a month in Lake Mohawk, NJ?
Homeowners with a mortgage in Lake Mohawk, NJ pay a median of $2,935 (±$149) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,500 or more.
73.8% of owned homes carry a mortgage.
In Lake Mohawk, the median monthly cost with a mortgage went from $2,820 in 2015–2019 to $2,935 in 2020–2024 (+4.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- With a mortgage
- $2,935 (±$149)
- Without a mortgage
- $1,500 or more
- Owned with a mortgage
- 73.8%
Monthly owner costs in Lake Mohawk
| Lake Mohawk | Sussex County | New Jersey | United States | |
|---|---|---|---|---|
| With a mortgage | $2,935 (±$149) | $2,473 (±$39) | $2,829 (±$8) | $1,963 |
| Without a mortgage | $1,500 or more | $1,110 (±$26) | $1,232 (±$6) | $638 |
| Owned homes with a mortgage | 73.8% (±5.7 points) | 68.4% (±1.3 points) | 63.9% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $10,000 or more | $8,568 (±$102) | $9,590 (±$25) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Lake Mohawk, the median cost with a mortgage is higher than in Sussex County ($2,473).
It is not measurably different from New Jersey ($2,829).
It is higher than the national figure ($1,963).
In Sussex County, Lake Mohawk ranks 1 of 6 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 82 of 247.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Lake Mohawk have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $2,820 (±$122) | $2,935 (±$149) | +4.1% | Down after inflation |
| Median home value | $349,200 (±$14,444) | $441,700 (±$19,869) | +26.5% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Lake Mohawk
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Lake Mohawk | — | $2,935 (±$149) | — |
| Andover Township | 3.0 mi | $2,741 (±$354) | Not measurably different |
| Andover Borough | 4.2 mi | $2,469 (±$252) | Lower |
| Byram Township | 4.2 mi | $2,714 (±$126) | Lower |
| Hopatcong Borough | 4.3 mi | $2,349 (±$96) | Lower |
| Lake Hopatcong | 4.9 mi | $2,580 (±$194) | Lower |
| Newton Town | 5.0 mi | $2,185 (±$149) | Lower |
| Byram Center | 6.0 mi | $2,637 (±$215) | Lower |
| Ogdensburg Borough | 6.0 mi | $2,256 (±$137) | Lower |
Nearby places with a measurably lower figure: Andover Borough, NJ ($2,469), Byram Township, NJ ($2,714), Hopatcong Borough, NJ ($2,349).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Sussex County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Lake Mohawk | $2,935 (±$149) |
| 2 | Byram Center | $2,637 (±$215) |
| 3 | Vernon Valley | $2,226 (±$141) |
| 4 | Crandon Lakes | $2,030 (±$422) |
| 5 | Highland Lakes | $2,007 (±$258) |
| 6 | Vernon Center | $1,624 (±$104) |
Lake Mohawk is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Sparta Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Mohawk
What is the average mortgage payment in Lake Mohawk?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lake Mohawk, NJ is $2,935 (±$149) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Lake Mohawk?
Owners without a mortgage in Lake Mohawk pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Lake Mohawk gone up?
In Lake Mohawk, the median monthly cost with a mortgage went from $2,820 in 2015–2019 to $2,935 in 2020–2024 (+4.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Mohawk CDP, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lake Mohawk CDP, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lake Mohawk CDP, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lake Mohawk CDP, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lake Mohawk CDP, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Mohawk CDP, New Jersey (place:38040, in state:34).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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- How long people stay in Lake Mohawk
- New Jersey landlord and tenant rules
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- Housing data for every place in New Jersey