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", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Mountain Lakes is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Mountain Lakes’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
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.