Median Income
$95,673
household / year
Median Home Value
$390,400
owner-occupied
Median Rent
$1,402
gross / month
Cost of Living
112
national avg = 100

Is Lake Hiawatha, NJ a Good Place to Live?

Lake Hiawatha is a small city of 10,064 in New Jersey, with a median household income of $95,673 and a 5.5% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: Lake Hiawatha stands out for solid school ratings (A+), a well-educated population, short average commutes.

Trade-offs: Potential downsides include an above-average cost of living, an elevated unemployment rate. Whether Lake Hiawatha is right for you depends on your priorities — the full breakdown is below.

All Lake Hiawatha city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 112.5

Lake Hiawatha's overall cost of living index is 112.5, where 100 represents the US national average. Living in Lake Hiawatha costs roughly 12% more than the average American city.

Metric Lake Hiawatha, NJ National Avg
Median Home Value $390,400 $244,900
Median Monthly Rent $1,402 $1,163
Homeownership Rate 59.6% 65.9%
Median Household Income $95,673 $74,755

Crime & Safety

Very Safe

Lake Hiawatha's violent crime rate is 27.0 per 100,000 residents — 93% lower than the national average of ~380 per 100,000.

Violent Crime
27.0 /100k
Property Crime
220.0 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Lake Hiawatha is served primarily by Parsippany-Troy Hills Township School District. The student-to-teacher ratio is 11.0:1 (better than the national average of ~16:1).

Metric Lake Hiawatha, NJ National Avg
School District Parsippany-Troy Hills Township School District —
Elementary Schools 10 —
Middle Schools 2 —
High Schools 2 —
Student/Teacher Ratio 11.0:1 16:1
Bachelor's Degree or Higher 51.7% 35.4%
High School Diploma or Higher 92.5% 91.1%

Weather & Climate

Lake Hiawatha sees average highs of 37.6°F in January and 85.4°F in July, with 49.2 inches of annual precipitation and 24.0 inches of snow per year.

MetricLake Hiawatha, NJ
Average High — January37.6°F
Average High — July85.4°F
Annual Precipitation49.2"
Annual Snowfall24.0"

Demographics

MetricLake Hiawatha, NJNational Avg
Population10,064—
Median Age39.238.9
Unemployment Rate5.5%3.7%
Avg Commute Time22.8 min26 min
White (non-Hispanic)51.6%59.3%
Black or African American3.8%13.6%
Hispanic or Latino9.6%18.9%
Asian32.9%6.3%
Under 1818.7%22.2%
65 and over17.7%16.8%

Nearby Cities

ZIP Codes in Lake Hiawatha

Lake Hiawatha, NJ is covered by 1 ZIP code:

Lake Hiawatha vs Other Cities

Frequently Asked Questions

Lake Hiawatha's cost of living index is 112, where 100 is the national average. That puts Lake Hiawatha roughly 12% above the national average in cost. The median home price is $390,400 and median rent is $1,402/month.
Lake Hiawatha's violent crime rate is 27.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 220.0 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Lake Hiawatha are operated by Parsippany-Troy Hills Township School District. The district has 10 elementary, 2 middle, and 2 high schools. The student-to-teacher ratio is 11.0:1. 51.7% of adults 25+ hold a bachelor's degree or higher.
Lake Hiawatha, NJ has a population of 10,064, a median household income of $95,673, and an unemployment rate of 5.5%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lake Hiawatha averages 37.6°F in January and 85.4°F in July. Annual rainfall is 49.2 inches with about 24.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Lake Hiawatha, NJ is covered by 1 ZIP code: 07034.
The population of Lake Hiawatha, New Jersey is 10,064 with a median age of 39.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lake Hiawatha: cost of living index 112 (100 = US average), median home $390,400, median household income $95,673, crime index 8 (100 = US average, lower is safer), schools rated A+. Whether these are benefits or drawbacks depends on where you're coming from — compare Lake Hiawatha side by side with your current city to see the trade-offs.