Mountain Lakes is a very small borough located in the state of New Jersey. With a population of 4,205 people and just one neighborhood, Mountain Lakes is the 353rd largest community in New Jersey.
Real Estate Prices
Mountain Lakes home prices are not only among the most expensive in New Jersey, but Mountain Lakes real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Mountain Lakes is a decidedly white-collar borough, with fully 97.66% of the workforce employed in white-collar jobs, well above the national average. Overall, Mountain Lakes is a borough of managers, professionals and sales and office workers. There are especially a lot of people living in Mountain Lakes who work in management occupations (26.18%), sales jobs (19.98%) and office and administrative support (8.30%).
Also of interest is that Mountain Lakes has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Mountain Lakes is also a borough of artists. Mountain Lakes has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Mountain Lakes’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.15% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Setting & Lifestyle
In addition, Mountain Lakes is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Mountain Lakes is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Mountain Lakes really has some of the features that families look for when choosing a good community to raise children. Is Mountain Lakes perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Despite being a small borough, Mountain Lakes has a lot of people using the bus to get to and from work every day. Most of these people on the bus are using it to get to good jobs in other cities.