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

Income, estimate (90% margin of error)
Mountain Lakes BoroughMorris CountyNew JerseyUnited 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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
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

Nearest places with a published estimate, compared with Mountain Lakes Borough
PlaceDistanceMedian household incomeCompared with this place
Mountain Lakes Borough—$250,000 or more—
Rainbow Lakes1.3 mi$93,051 (±$7,740)—
Boonton Town2.1 mi$114,302 (±$23,372)—
Mount Tabor2.1 mi$115,199 (±$20,626)—
Parsippany-Troy Hills Township2.4 mi$112,327 (±$5,991)—
Parsippany2.4 mi$99,405 (±$4,789)—
Denville Township2.4 mi$160,817 (±$17,322)—
Boonton Township2.9 mi$192,188 (±$65,328)—
Lake Hiawatha3.2 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

RankPlaceMedian household income
1 (tie)Mendham Township$250,000 or more
1 (tie)Mountain Lakes Borough$250,000 or more
3Chester Township$241,856 (±$20,424)
4Chatham Borough$241,500 (±$23,775)
5Harding Township$222,429 (±$54,836)
6Mendham Borough$211,944 (±$53,353)
7Morris Township$204,951 (±$15,341)
8Chatham 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.

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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

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.

Request a Census API 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 .

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