Mountain Lakes is a very small borough located in the state of New Jersey. With a population of 4,269 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 97.34% of the workforce employed in white-collar jobs, well above the national average. Overall, Mountain Lakes is a borough of professionals, managers and sales and office workers. There are especially a lot of people living in Mountain Lakes who work in management occupations (20.34%), sales jobs (17.24%) and office and administrative support (9.65%).
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.44% 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 educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
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.
Even though Mountain Lakes is a smaller borough, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.