Lavallette is a very small coastal borough (i.e. on the ocean, a bay, or inlet) located in the state of New Jersey. With a population of 1,807 people and two constituent neighborhoods, Lavallette is the 437th largest community in New Jersey.
Lavallette home prices are not only among the most expensive in New Jersey, but Lavallette real estate also consistently ranks among the most expensive in America.
Lavallette is a decidedly white-collar borough, with fully 88.59% of the workforce employed in white-collar jobs, well above the national average. Overall, Lavallette is a borough of professionals, sales and office workers, and managers. There are especially a lot of people living in Lavallette who work in management occupations (16.98%), office and administrative support (13.12%), and teaching (12.13%).
Another notable thing is that Lavallette is a major vacation destination. Much of the borough’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Lavallette’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
In addition, Lavallette 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.
Lavallette is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
The citizens of Lavallette are very well educated compared to the average community in the nation: 38.66% of adults in Lavallette have a bachelor's degree or even advanced degree.
The per capita income in Lavallette in 2010 was $42,916, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $171,664 for a family of four. However, Lavallette contains both very wealthy and poor people as well.
The people who call Lavallette home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lavallette residents report their race to be White. Important ancestries of people in Lavallette include Irish, German, Polish, and English.
The most common language spoken in Lavallette is English. Other important languages spoken here include Italian and Spanish.