Laurel Lake, New Jersey Housing

Laurel Lake, New Jersey has a population of 2,994, with a median household income of $72,114.

Current housing data for Laurel Lake.

$248,114

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Population

2,994

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Median Income

$72,114

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Unemployment

4.00%

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Housing Price

$248,114

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Crime Rate

0.50

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Internet Speed

224.40 Mbps

Laurel Lake is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Laurel Lake, located in New Jersey, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Laurel Lake has a population of 2,994, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Laurel Lake is $72,114, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Laurel Lake is about $248,114, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Laurel Lake is 4.00%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Laurel Lake are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New Jersey, Laurel Lake shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Laurel Lake continues to play a role in shaping regional trends in New Jersey, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Laurel Lake

What is the population of Laurel Lake?

The population of Laurel Lake is approximately 2,994.

Is Laurel Lake a good place to live?

Laurel Lake offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Laurel Lake?

The median household income in Laurel Lake is around $72,114.

How expensive is housing in Laurel Lake?

The average housing price in Laurel Lake is approximately $248,114.