Lake Mohawk, New Jersey is a small-sized city with a population of 9,397 people. At 93%, the majority of the Lake Mohawk population is White; this is followed by 3% Asian and 0% Black. 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 Lake Mohawk entails a longer-than-average one-way commute time, averaging 40 minutes.
Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Lake Mohawk could be a positive experience compared to other cities in New Jersey if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like cost of living, commute, health & safety, employment and other key data points, finding the best places to live in Lake Mohawk and in the areas around Lake Mohawk is a much easier task.
With a livability score of 65 out of 100, Lake Mohawk is ranked #12,123 in the United States and #375 in New Jersey. There are nine total categories that create the livability score. Lake Mohawk ranks well for crime (A+), education (A) and housing (A+) Lake Mohawk does not score well for the following: amenities (F) and cost of living (F). It might be a smart idea to take a closer look at each category to find out why.
The unemployment rate in Lake Mohawk has consistently declined over the years and currently stands well below the national average at 1.2%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
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 Lake Mohawk have an average test score of 70%, which is well above the US average.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Lake Mohawk has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Lake Mohawk is actually affordable. The median home price for Lake Mohawk homes is $619,625, which is 11.5% higher than the New Jersey average. If we take a closer look at the affordability of homes in Lake Mohawk, we’ll see that the home price to income ratio is 3.8, which is 25.5% lower than the New Jersey average.
| Statistic | Lake Mohawk | New Jersey | National |
| Average one way commute | 40min | 31min | 26min |
| Workers who drive to work | 77.8% | 71.7% | 76.4% |
| Workers who carpool | 4.3% | 8.1% | 9.3% |
| Workers who take public transit | 2.4% | 11.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 1.8% | 3.0% | 2.8% |
| Working from home | 12.7% | 4.1% | 4.6% |
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