Is Mountain Lakes Borough, NJ growing?

Mountain Lakes Borough, NJ had an estimated 4,585 (±20) residents in 2020–2024, against 4,270 in 2015–2019.

That is a change of +7.4%, a measurable increase.

Its housing went from 1,401 to 1,492 homes (+6.5%), not a measurable change.

2.5% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
4,585 (±20)
Amount of change
+7.4%
Homes change
+6.5%
Built 2020 or later
2.5%

Residents and homes in Mountain Lakes Borough, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents4,270 (±23)4,585 (±20)+7.4%Measurable increase
Housing units1,401 (±69)1,492 (±91)+6.5%Not a measurable change
Households that rent4.6% (±3.6 points)3.9% (±2.4 points)−0.7 percentage pointsNot a measurable change
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.

Growth in Mountain Lakes Borough against Morris County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Mountain Lakes Borough+7.4%Measurable increase+6.5%
Morris County+4.3%Measurable increase+3.2%
New Jersey+5.2%Measurable increase+4.8%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Mountain Lakes Borough

Housing units by year built, 2020–2024
Year builtMountain Lakes BoroughMorris CountyNew JerseyUnited States
2020 or later2.5% (±3.5 points)0.9%1.1%2.0%
2010 to 20194.4% (±3.9 points)5.2%6.2%9.4%
2000 to 20095.4% (±3.9 points)7.5%9.2%13.6%

6.9% of the homes in Mountain Lakes Borough were built in 2010 or later.

The median age of residents is 43.4 years.

Growth in places near Mountain Lakes Borough

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Mountain Lakes Borough—4,585+7.4%Measurable increase
Boonton Town2.1 mi8,854+5.4%Measurable increase
Parsippany-Troy Hills Township2.4 mi56,397+7.6%Measurable increase
Denville Township2.4 mi17,205+3.6%Measurable increase
Boonton Township2.9 mi4,423+3.1%Measurable increase
Rockaway Borough3.9 mi6,613+3.6%Measurable increase
Morris Plains Borough4.0 mi6,315+9.9%Measurable increase
White Meadow Lake4.2 mi8,842−7.4%Not a measurable change
Montville Township4.6 mi22,876+7.0%Measurable increase

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.

Join as a pro · Find a pro

Questions about Mountain Lakes Borough

Is Mountain Lakes Borough growing?

Mountain Lakes Borough, NJ had an estimated 4,585 residents in 2020–2024 and 4,270 in 2015–2019, a change of +7.4%: a measurable increase by the Census Bureau’s test.

How many homes have been added in Mountain Lakes Borough?

The estimated number of housing units went from 1,401 in 2015–2019 to 1,492 in 2020–2024 (+6.5%), not a measurable change.

How much new construction is there in Mountain Lakes Borough?

2.5% of homes in Mountain Lakes Borough were built in 2020 or later and 4.4% between 2010 and 2019.

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) 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 B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

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