Mountain Lakes vs Newark
| Mountain Lakes | Newark | |
|---|---|---|
| Population | 4,499 | 307,355 |
| Median Household Income | $250,001 | $52,060 |
| Median Home Value | $917,000 | $373,700 |
| Median Gross Rent | $3,501/mo | $1,392/mo |
| Homeownership Rate | 96.1% | 24.4% |
| Unemployment Rate | 2.4% | 11.6% |
| Bachelor's Degree or Higher | 85.9% | 19.7% |
| Median Age | 43.4 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.