What is the median household income in Mountain Lakes Borough, NJ?
The median household income in Mountain Lakes Borough, NJ is $250,000 or more a year (2020–2024 American Community Survey).
Figures last updated on .
- Median household income
- $250,000 or more
Income in Mountain Lakes Borough against Morris County, its state and the nation
| Mountain Lakes Borough | Morris County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $250,000 or more | $137,326 (±$2,991) | $103,556 (±$513) | $80,734 |
| Median renter household income | — | $79,949 (±$4,109) | $62,674 (±$718) | $52,966 |
| Median owner household income | $250,000 or more | $165,144 (±$2,794) | $133,477 (±$624) | $100,009 |
| Median gross rent | $3,500 or more | $1,904 (±$30) | $1,720 (±$7) | $1,413 |
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $867,200 (±$35,929) | $917,000 (±$70,958) | +5.7% | Down 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 household income in places near Mountain Lakes Borough
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Mountain Lakes Borough | — | $250,000 or more | — |
| Rainbow Lakes | 1.3 mi | $93,051 (±$7,740) | — |
| Boonton Town | 2.1 mi | $114,302 (±$23,372) | — |
| Mount Tabor | 2.1 mi | $115,199 (±$20,626) | — |
| Parsippany-Troy Hills Township | 2.4 mi | $112,327 (±$5,991) | — |
| Parsippany | 2.4 mi | $99,405 (±$4,789) | — |
| Denville Township | 2.4 mi | $160,817 (±$17,322) | — |
| Boonton Township | 2.9 mi | $192,188 (±$65,328) | — |
| Lake Hiawatha | 3.2 mi | $104,663 (±$16,579) | — |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Morris County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 (tie) | Mendham Township | $250,000 or more |
| 1 (tie) | Mountain Lakes Borough | $250,000 or more |
| 3 | Chester Township | $241,856 (±$20,424) |
| 4 | Chatham Borough | $241,500 (±$23,775) |
| 5 | Harding Township | $222,429 (±$54,836) |
| 6 | Mendham Borough | $211,944 (±$53,353) |
| 7 | Morris Township | $204,951 (±$15,341) |
| 8 | Chatham Township | $198,913 (±$36,502) |
Showing 8 of 39 places in Morris County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Mountain Lakes Borough
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Mountain Lakes Borough beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Mountain Lakes Borough, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Mountain Lakes Borough, and send estimates and invoices from your phone.
Questions about Mountain Lakes Borough
What is the median household income in Mountain Lakes Borough?
The median household income in Mountain Lakes Borough is $250,000 or more a year (2020–2024 American Community Survey).
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Mountain Lakes borough, Morris County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Mountain Lakes borough, Morris County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Mountain Lakes borough, Morris County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Mountain Lakes borough, Morris County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Mountain Lakes borough, Morris County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Mountain Lakes borough, Morris County, 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 Mountain Lakes borough, Morris County, New Jersey (county subdivision:48480, in state:34 county:027).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 .
Related
- Housing in Mountain Lakes Borough at a glance
- Home values in Mountain Lakes Borough
- Homeowner costs in Mountain Lakes Borough
- Property taxes in Mountain Lakes Borough
- Types of homes in Mountain Lakes Borough
- Age of homes in Mountain Lakes Borough
- Heating fuel in Mountain Lakes Borough
- Commute and cars in Mountain Lakes Borough
- Crime reported to police in Mountain Lakes Borough
- Population growth in Mountain Lakes Borough
- How long people stay in Mountain Lakes Borough
- New Jersey landlord and tenant rules
- Housing across Morris County
- New Jersey places ranked by median household income
- Housing data for every place in New Jersey