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 1,787 people and two constituent neighborhoods, Lavallette is the 436th 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 86.27% of the workforce employed in white-collar jobs, well above the national average. Overall, Lavallette is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in Lavallette who work in management occupations (18.86%), sales jobs (15.40%), and art, media, and design (10.38%).
Of important note, Lavallette is also a borough of artists. Lavallette has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Lavallette’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.91% 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.
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 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.
One of the nice things about Lavallette is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
In Lavallette, however, the average commute to work is quite long. On average, people spend 34.37 minutes each day getting to work, which is significantly higher than the national average.
Do you like to read, write and learn? If you move to Lavallette, you'll likely find that many of your neighbors like to as well. Lavallette is one of the more educated communities in America, with a full 54.90% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Lavallette in 2018 was $61,321, 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 $245,284 for a family of four.
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, followed by Asian. Important ancestries of people in Lavallette include Italian, German, Irish, English, and Scottish.
The most common language spoken in Lavallette is English. Other important languages spoken here include Portuguese and Italian.