Lake Mohawk, NJ
Population 9,116 · New Jersey
About Lake Mohawk, NJ
Lake Mohawk is a small town located in New Jersey with a population of 9,116 residents according to the latest US Census Bureau American Community Survey data. The median household income is $145,806 per year, which is 94% above the national median of $75,149. The median age of 44.9 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 Mohawk features a median home value of $418,800, which is 71% above the national median of $244,900. This places Lake Mohawk in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,838, 58% above the national average of $1,163/month. Of the 4,096 total housing units, 86% are owner-occupied (3,254 units) and 14% are renter-occupied (509 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Mohawk shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Mohawk have an average one-way commute time of 37.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
58.3% of Lake Mohawk residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.2% White, 0.3% Hispanic or Latino, 2.6% Black or African American, and 2.8% Asian residents, with 7.6% of the population being foreign-born.
How Lake Mohawk Ranks in New Jersey
Cost of Living in Lake Mohawk, NJ
Compared to national averages, Lake Mohawk has a median household income of $145,806 (94% above the national median of $75,149). Home values average $418,800, which is 71% above the national median. Monthly rent at $1,838 is 58% above the US average of $1,163. Within New Jersey, Lake Mohawk's income is 26% above the state average of $115,667, and home values are 11% below the state median of $469,644.
Why Live in Lake Mohawk, NJ?
Lake Mohawk offers a strong local economy with a median household income of $145,806, well above the national average, and a strong job market with an unemployment rate of just 2.3%, and a well-educated community where 58.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $418,800. However, Lake Mohawk’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Mohawk has a population of 9,116 with a median age of 44.9 years. Compare Lake Mohawk with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Lake Mohawk
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bogota | 9,110 | $107,321 | $443,400 | Compare |
| Cresskill | 9,101 | $173,293 | $764,800 | Compare |
| Absecon | 9,099 | $77,516 | $237,600 | Compare |
| Park Ridge | 9,218 | $165,391 | $666,200 | Compare |
| Chatham | 9,219 | $250,001 | $944,300 | Compare |
| Ventnor City | 9,220 | $74,619 | $345,300 | Compare |
| Pine Lake Park | 9,251 | $87,998 | $377,200 | Compare |
| Smithville | 9,260 | $72,875 | $270,600 | 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 Mohawk With Other Cities
Frequently Asked Questions about Lake Mohawk
What is the population of Lake Mohawk, NJ?
The population of Lake Mohawk, NJ is 9,116 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Jersey.
What is the median household income in Lake Mohawk?
The median household income in Lake Mohawk, NJ is $145,806 per year, which is 94% above the national median of $75,149.
What is the median home value in Lake Mohawk?
The median home value in Lake Mohawk, NJ is $418,800, which is 71% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Mohawk?
The median monthly rent in Lake Mohawk, NJ is $1,838, which is 58% above the national average of $1,163/month.
What is the unemployment rate in Lake Mohawk?
The unemployment rate in Lake Mohawk, NJ is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lake Mohawk, NJ a good place to live?
Lake Mohawk offers above-average incomes, a competitive housing market, and a strong job market. With a population of 9,116 and a median age of 44.9, the city appeals to a broad range of residents.
How educated is Lake Mohawk, NJ?
58.3% of residents in Lake Mohawk 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 Mohawk?
Key cost-of-living indicators for Lake Mohawk, NJ: median home value is $418,800 (71% above national), median rent is $1,838/month, and median household income is $145,806. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake Mohawk?
The poverty rate in Lake Mohawk, NJ is 1.8%, 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 Mohawk, NJ?
Lake Mohawk's population is 0.2% White, 0.3% Hispanic or Latino, 2.6% Black or African American, 2.8% Asian, and 0.5% two or more races. 7.6% of residents are foreign-born.