Lake Telemark, NJ
Population 1,519 · New Jersey
About Lake Telemark, NJ
Lake Telemark is a small town located in New Jersey with a population of 1,519 residents according to the latest US Census Bureau American Community Survey data. The median household income is $107,065 per year, which is 42% above the national median of $75,149. The median age of 32.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Lake Telemark features a median home value of $424,200, which is 73% above the national median of $244,900. This places Lake Telemark in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 524 total housing units, 91% are owner-occupied (477 units) and 9% are renter-occupied (47 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Telemark shows an unemployment rate of 8.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Telemark have an average one-way commute time of 30.6 minutes.
Education & Demographics
47.0% of Lake Telemark 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 1.1% White, 0.2% Hispanic or Latino, 2.5% Black or African American, and 1.3% Asian residents, with 14.3% of the population being foreign-born.
Cost of Living in Lake Telemark, NJ
Compared to national averages, Lake Telemark has a median household income of $107,065 (42% above the national median of $75,149). Home values average $424,200, which is 73% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Lake Telemark's income is 7% below the state average of $115,667, and home values are 10% below the state median of $469,644.
Why Live in Lake Telemark, NJ?
Lake Telemark offers a strong local economy with a median household income of $107,065, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 47.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 9.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $424,200. However, Lake Telemark’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Telemark has a population of 1,519 with a median age of 32.3 years. Compare Lake Telemark with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Lake Telemark
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dover Beaches South | 1,520 | $105,536 | $688,400 | Compare |
| West Park | 1,521 | $73,397 | $224,000 | Compare |
| Absecon Highlands | 1,512 | $80,511 | $284,900 | Compare |
| Cedar Glen Lakes | 1,509 | $33,958 | $97,000 | Compare |
| Alpine | 1,503 | $250,001 | $2,000,001 | Compare |
| Vernon Center | 1,490 | $74,853 | $160,300 | Compare |
| Collings Lakes | 1,489 | $86,359 | $194,500 | Compare |
| Gouldtown | 1,555 | $53,281 | $179,800 | 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 Telemark With Other Cities
Frequently Asked Questions about Lake Telemark
What is the population of Lake Telemark, NJ?
The population of Lake Telemark, NJ is 1,519 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 Telemark?
The median household income in Lake Telemark, NJ is $107,065 per year, which is 42% above the national median of $75,149.
What is the median home value in Lake Telemark?
The median home value in Lake Telemark, NJ is $424,200, which is 73% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Telemark?
The median monthly rent in Lake Telemark, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lake Telemark?
The unemployment rate in Lake Telemark, NJ is 8.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Telemark, NJ a good place to live?
Lake Telemark offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,519 and a median age of 32.3, the city appeals to young professionals and families.
How educated is Lake Telemark, NJ?
47.0% of residents in Lake Telemark 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 Telemark?
Key cost-of-living indicators for Lake Telemark, NJ: median home value is $424,200 (73% above national), median rent is $0/month, and median household income is $107,065. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Lake Telemark?
The poverty rate in Lake Telemark, NJ is 9.6%, 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 Telemark, NJ?
Lake Telemark's population is 1.1% White, 0.2% Hispanic or Latino, 2.5% Black or African American, 1.3% Asian, and 0.0% two or more races. 14.3% of residents are foreign-born.