46 Apartments for rent in Mountain Lakes, NJ

Mountain Lakes is a small town in New Jersey with just over 4,000 residents. Families with children are a common sight, as kids aged 5-14 make up an above-average 23% of the community, while young professionals appear in smaller numbers. Overall, the town's population, with an average age of just over 38, is younger than most cities in New Jersey. Renters tend to be in the minority in Mountain Lakes, and 91% of residents own their homes. With an average rent of $1,654 a month, exceeding the state average by $382/month, relatively high rent costs may be a factor in the higher levels of ownership.

Compared to the national average (7%), Mountain Lakes has a high number of residents older than 25 with advanced degrees, as 24% possess a Master's degree or a Doctorate. In addition, 21% possess a Bachelor's degree, which also outpaces the national average. Many Mountain Lakes residents work in one of three industries: scientific, healthcare, and finance. Together, these industries account for 21% of the town's workforce. Meanwhile, in terms of job function, 12% of residents work in management, making it the top profession in the town. With an average annual income of around $159K, the ninth-highest average income of any municipality in New Jersey, Mountain Lakes workers are generally well-compensated for their efforts. Mountain Lakes's average income also compares favorably to the national average of $73,345.

Mountain Lakes has an average commute time of about 36 minutes. Driving is the most common way to get to work, chosen by 34% of commuters, while public transit is used by only 5% of the population. Few commuters walk to work.