Lake Hopatcong, NJ
Population 10,383 · New Jersey
About Lake Hopatcong, NJ
Lake Hopatcong is a mid-sized city located in New Jersey with a population of 10,383 residents according to the latest US Census Bureau American Community Survey data. The median household income is $111,614 per year, which is 49% above the national median of $75,149. The median age of 46.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lake Hopatcong features a median home value of $388,300, which is 59% above the national median of $244,900. This places Lake Hopatcong in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,599, 37% above the national average of $1,163/month. Of the 4,360 total housing units, 93% are owner-occupied (3,802 units) and 7% are renter-occupied (268 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Hopatcong shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Hopatcong have an average one-way commute time of 29.8 minutes.
Education & Demographics
43.0% of Lake Hopatcong residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.8% White, 0.3% Hispanic or Latino, 4.9% Black or African American, and 5.1% Asian residents, with 12.3% of the population being foreign-born.
Cost of Living in Lake Hopatcong, NJ
Compared to national averages, Lake Hopatcong has a median household income of $111,614 (49% above the national median of $75,149). Home values average $388,300, which is 59% above the national median. Monthly rent at $1,599 is 37% above the US average of $1,163. Within New Jersey, Lake Hopatcong's income is 4% below the state average of $115,667, and home values are 17% below the state median of $469,644.
Why Live in Lake Hopatcong, NJ?
Lake Hopatcong offers a strong local economy with a median household income of $111,614, well above the national average, and a strong job market with an unemployment rate of just 2.5%, and a well-educated community where 43.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $388,300. However, Lake Hopatcong’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Hopatcong has a population of 10,383 with a median age of 46.5 years. Compare Lake Hopatcong with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Lake Hopatcong
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Hiawatha | 10,406 | $101,500 | $402,500 | Compare |
| Somers Point | 10,461 | $68,542 | $277,500 | Compare |
| Marlton | 10,473 | $94,160 | $314,500 | Compare |
| East Franklin | 10,281 | $105,363 | $366,900 | Compare |
| Blackwells Mills | 10,220 | $248,149 | $736,000 | Compare |
| East Rutherford | 10,154 | $91,789 | $453,500 | Compare |
| Hackettstown | 10,143 | $91,250 | $337,100 | Compare |
| Budd Lake | 10,106 | $113,036 | $437,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lake Hopatcong With Other Cities
Frequently Asked Questions about Lake Hopatcong
What is the population of Lake Hopatcong, NJ?
The population of Lake Hopatcong, NJ is 10,383 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in New Jersey.
What is the median household income in Lake Hopatcong?
The median household income in Lake Hopatcong, NJ is $111,614 per year, which is 49% above the national median of $75,149.
What is the median home value in Lake Hopatcong?
The median home value in Lake Hopatcong, NJ is $388,300, which is 59% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Hopatcong?
The median monthly rent in Lake Hopatcong, NJ is $1,599, which is 37% above the national average of $1,163/month.
What is the unemployment rate in Lake Hopatcong?
The unemployment rate in Lake Hopatcong, NJ is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake Hopatcong, NJ a good place to live?
Lake Hopatcong offers above-average incomes, a competitive housing market, and a strong job market. With a population of 10,383 and a median age of 46.5, the city appeals to established professionals and retirees.
How educated is Lake Hopatcong, NJ?
43.0% of residents in Lake Hopatcong aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Lake Hopatcong?
Key cost-of-living indicators for Lake Hopatcong, NJ: median home value is $388,300 (59% above national), median rent is $1,599/month, and median household income is $111,614. The home-value-to-income ratio is 3.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake Hopatcong?
The poverty rate in Lake Hopatcong, NJ is 3.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake Hopatcong, NJ?
Lake Hopatcong's population is 0.8% White, 0.3% Hispanic or Latino, 4.9% Black or African American, 5.1% Asian, and 6.2% two or more races. 12.3% of residents are foreign-born.