Sunset Lake, NJ
Population 1,341 · New Jersey
About Sunset Lake, NJ
Sunset Lake is a small town located in New Jersey with a population of 1,341 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,663 per year, which is 29% below the national median of $75,149. The median age of 30.7 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 Sunset Lake features a median home value of $539,200, which is 120% above the national median of $244,900. This places Sunset Lake 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 313 total housing units, 64% are owner-occupied (199 units) and 36% are renter-occupied (114 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Sunset Lake shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 45.0%, above the national average of 12.4%. Workers in Sunset Lake have an average one-way commute time of 10 minutes, one of the shorter commutes in the region.
Education & Demographics
25.0% of Sunset Lake 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 0.0% White, 0.0% Hispanic or Latino, 1.9% Black or African American, and 0.7% Asian residents, with 5.7% of the population being foreign-born.
Cost of Living in Sunset Lake, NJ
Compared to national averages, Sunset Lake has a median household income of $53,663 (29% below the national median of $75,149). Home values average $539,200, which is 120% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Sunset Lake's income is 54% below the state average of $115,667, and home values are 15% above the state median of $469,644.
Why Live in Sunset Lake, NJ?
Sunset Lake offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 3.0%, and short commute times averaging just 10 minutes.
Potential considerations include median household income ($53,663) that falls below the national average, and a competitive housing market where the typical home costs $539,200. However, Sunset Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Sunset Lake has a population of 1,341 with a median age of 30.7 years. Compare Sunset Lake with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Sunset Lake
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chesilhurst | 1,340 | $89,904 | $215,100 | Compare |
| Springfield | 1,338 | $177,045 | $580,900 | Compare |
| Chester | 1,359 | $152,578 | $640,400 | Compare |
| Kean University | 1,359 | $0 | $0 | Compare |
| Centre Grove | 1,371 | $104,028 | $209,300 | Compare |
| Pemberton | 1,373 | $88,333 | $303,200 | Compare |
| Milford | 1,306 | $88,295 | $304,100 | Compare |
| Rainbow Lakes | 1,376 | $109,083 | $531,700 | 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 Sunset Lake With Other Cities
Frequently Asked Questions about Sunset Lake
What is the population of Sunset Lake, NJ?
The population of Sunset Lake, NJ is 1,341 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 Sunset Lake?
The median household income in Sunset Lake, NJ is $53,663 per year, which is 29% below the national median of $75,149.
What is the median home value in Sunset Lake?
The median home value in Sunset Lake, NJ is $539,200, which is 120% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Sunset Lake?
The median monthly rent in Sunset Lake, NJ is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Sunset Lake?
The unemployment rate in Sunset Lake, NJ is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Sunset Lake, NJ a good place to live?
Sunset Lake offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 1,341 and a median age of 30.7, the city appeals to young professionals and families.
How educated is Sunset Lake, NJ?
25.0% of residents in Sunset Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Sunset Lake?
Key cost-of-living indicators for Sunset Lake, NJ: median home value is $539,200 (120% above national), median rent is $0/month, and median household income is $53,663. The home-value-to-income ratio is 10.0x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Sunset Lake?
The poverty rate in Sunset Lake, NJ is 45.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Sunset Lake, NJ?
Sunset Lake's population is 0.0% White, 0.0% Hispanic or Latino, 1.9% Black or African American, 0.7% Asian, and 44.9% two or more races. 5.7% of residents are foreign-born.