This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
A high score in the schools category could be the result of elements like top-notch test scores, high education levels and the convenient location of elementary and high schools in this area.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
Located in the state of New Jersey, Lake Mohawk is a small-sized city with a population of 9,148 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (93% White). Given that fact, Lake Mohawk could be considered less diverse than other cities. Something to be aware of when living in Lake Mohawk are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 40 minutes, this comes in much higher than the national average of 26 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in Lake Mohawk, New Jersey could be a good experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like amenities, commute, education, employment, housing and other key data points, finding the best places to live in Lake Mohawk and in the areas around Lake Mohawk is a much easier task.
The livability score in Lake Mohawk is 64/100 and the city is ranked in the 59th percentile of all cities across America. For each of the livability categories, we know that Lake Mohawk ranks very well for crime (A+), education (A) and housing (A). On a less positive note, Lake Mohawk does not have favorable scores for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Lake Mohawk has an unemployment rate of 1.13% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Test scores can be a good way to measure a school's academic performance and the proficiency of its students. They can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Lake Mohawk have an average test score of 70%, which is well above the US average.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Lake Mohawk apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Lake Mohawk real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Lake Mohawk. The median home price for Lake Mohawk homes is $348,300, which is 10.1% higher than the New Jersey average. If we take a closer look at the affordability of homes in Lake Mohawk, we’ll see that the home price to income ratio is 3.1, which is 27.9% lower than the New Jersey average.
Statistic | Lake Mohawk | New Jersey | National |
Average one way commute | 40min | 31min | 26min |
Workers who drive to work | 77.8% | 71.7% | 76.4% |
Workers who carpool | 4.3% | 8.1% | 9.3% |
Workers who take public transit | 2.4% | 11.2% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 1.8% | 3.0% | 2.8% |
Working from home | 12.7% | 4.1% | 4.6% |