Pompton Lakes is a medium-sized borough located in the state of New Jersey. With a population of 10,874 people and three associated neighborhoods, Pompton Lakes is the 174th largest community in New Jersey.
Housing costs in Pompton Lakes are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.77% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Pompton Lakes is a great place for families with children to consider. First of all, many other families with children live here, making Pompton Lakes a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Pompton Lakes has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Pompton Lakes’s overall crime rate is lower than average for the country.
In Pompton Lakes, however, the average commute to work is quite long. On average, people spend 30.41 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
In Pompton Lakes, a lot of people use the bus to get to work every day though Pompton Lakes is a relatively small borough. Those that ride the bus are primarily traveling out of town to good jobs in other cities.
The citizens of Pompton Lakes are among the most well-educated in the nation: 41.36% of adults in Pompton Lakes have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Pompton Lakes in 2022 was $52,389, which is middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $209,556 for a family of four. However, Pompton Lakes contains both very wealthy and poor people as well.
Pompton Lakes is a very ethnically-diverse borough. The people who call Pompton Lakes home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Pompton Lakes residents report their race to be White, followed by Asian. Pompton Lakes also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 18.86% of the borough’s residents. Important ancestries of people in Pompton Lakes include Italian, Irish, German, Albanian, and English.
Foreign born people are also an important part of Pompton Lakes's cultural character, accounting for 15.13% of the borough’s population.
The most common language spoken in Pompton Lakes is English. Other important languages spoken here include Spanish and Other Indo-European.