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 1,843 people and two associated 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.
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.
Telecommuters are a relatively large percentage of the workforce: 17.68% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the borough’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
In addition, Lavallette 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.
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.
One downside of living in Lavallette is that it can take a long time to commute to work. In Lavallette, the average commute to work is 35.89 minutes, which is quite a bit higher than the national average.
If knowledge is power, Lavallette is a pretty powerful place. 56.31% of the adults in Lavallette have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Lavallette in 2022 was $87,933, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $351,732 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, Polish, and English.
The most common language spoken in Lavallette is English. Other important languages spoken here include Portuguese and Italian.