Mountain Lakes 69 Good
Mountain Lakes Livability #270 ranked city in New Jersey#7,448 ranked city in the USARanks better than 74% of areas

Pros and Cons of Living in Mountain Lakes

PROS
  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

  • Schools

    A high score in the schools category could be the result of elements like top-notch test scores, high education levels and the convenient location of elementary and high schools in this area.

CONS
  • Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Cost Of Living

    Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.

  • Health & Safety

    Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.

  • Ratings

    Polls and surveys done by AreaVibes among area residents did not yield positive feedback when it came to the walkability of amenities, safety, nearby parks and the overall sense of community.

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What's it like Living in Mountain Lakes?

Mountain Lakes, New Jersey is a small-sized city with a population of 4,249 inhabitants. The majority of Mountain Lakes residents report their race to be White; this is followed by Asian and Black. 72% of the people in Mountain Lakes (over the age of 15) are married and 58% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Mountain Lakes entails a longer-than-average one-way commute time, averaging 34 minutes.

If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a positive experience if you are willing to get to know the area before actually living in Mountain Lakes, New Jersey. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Mountain Lakes, AreaVibes has created a livability score using key metrics like amenities, cost of living, health & safety and more.

With a livability score of 69 out of 100, Mountain Lakes is ranked #7,381 in the United States and #266 in New Jersey. If we dig a little deeper into each category within the livability score, we see that Mountain Lakes has higher than average grades for the following: crime (A+) and housing (A-). There is at least one category that does not have great scores in Mountain Lakes. The following was graded with a disappointing score: amenities (F).

Test scores can be a good way to measure a school's academic performance and the proficiency of its students. They can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Mountain Lakes have an average test score of 83%, which is well above the US average.

Finding affordable real estate and housing in Mountain Lakes can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Mountain Lakes. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Mountain Lakes are affordable. Median real estate prices in Mountain Lakes come in at $841,300, which is 165.9% higher than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Mountain Lakes, the home price to income ratio is 3.7, which is 14% lower than the New Jersey average.

Best Places to Live in and Around Mountain Lakes

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Compare Mountain Lakes, NJ Livability

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      Mountain Lakes transportation information

      Statistic Mountain Lakes New Jersey National
      Average one way commute34min31min26min
      Workers who drive to work66.1%71.7%76.4%
      Workers who carpool1.9%8.1%9.3%
      Workers who take public transit7.4%11.2%5.1%
      Workers who bicycle0.0%0.3%0.6%
      Workers who walk0.6%3.0%2.8%
      Working from home24.0%4.1%4.6%
      Source: The Mountain Lakes, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).