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 very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Pompton Lakes really has some of the features that families look for when choosing a good community to raise children. Is Pompton Lakes perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in Pompton Lakes, however, is that residents on average have to contend with a long commute, spending on average 30.41 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Despite being a small borough, Pompton Lakes has a lot of people using the bus to get to and from work every day. Most of these people on the bus are using it to get to good jobs in other cities.
The education level of Pompton Lakes ranks among the highest in the nation. Of the 25-and-older adult population in Pompton Lakes, 41.36% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate 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.
Pompton Lakes also has a high percentage of its population that was born in another country: 15.13%.
The most common language spoken in Pompton Lakes is English. Other important languages spoken here include Spanish and Other Indo-European.