Median Income
$52,321
household / year
Median Home Value
$131,500
owner-occupied
Median Rent
$1,166
gross / month
Cost of Living
94
national avg = 100

Is Laurel Lake, NJ a Good Place to Live?

Laurel Lake is a small town of 2,346 in New Jersey, with a median household income of $52,321 and a 6.8% unemployment rate. Its cost of living index is 94 (US average = 100), which is 6% below the national average.

Strengths: Laurel Lake stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Laurel Lake is right for you depends on your priorities — the full breakdown is below.

All Laurel Lake 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: 93.7

Laurel Lake's overall cost of living index is 93.7, where 100 represents the US national average. Living in Laurel Lake costs roughly 6% less than the average American city.

Metric Laurel Lake, NJ National Avg
Median Home Value $131,500 $244,900
Median Monthly Rent $1,166 $1,163
Homeownership Rate 71.0% 65.9%
Median Household Income $52,321 $74,755

Crime & Safety

Near National Average

Laurel Lake's violent crime rate is 424.7 per 100,000 residents — 12% higher than the national average of ~380 per 100,000.

Violent Crime
424.7 /100k
Property Crime
2431.7 /100k

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

Schools & Education

Metric Laurel Lake, NJ National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 11.0% 35.4%
High School Diploma or Higher 91.8% 91.1%

Weather & Climate

Laurel Lake sees average highs of 42.2°F in January and 86.1°F in July, with 43.4 inches of annual precipitation and 22.0 inches of snow per year.

MetricLaurel Lake, NJ
Average High — January42.2°F
Average High — July86.1°F
Annual Precipitation43.4"
Annual Snowfall22.0"

Demographics

MetricLaurel Lake, NJNational Avg
Population2,346—
Median Age40.538.9
Unemployment Rate6.8%3.7%
Avg Commute Time28.7 min26 min
White (non-Hispanic)85.0%59.3%
Black or African American2.1%13.6%
Hispanic or Latino4.7%18.9%
Asian0.0%6.3%
Under 1827.4%22.2%
65 and over11.5%16.8%

Nearby Cities

Laurel Lake vs Other Cities

Frequently Asked Questions

Laurel Lake's cost of living index is 94, where 100 is the national average. That makes Laurel Lake roughly 6% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $131,500 and median rent is $1,166/month.
Laurel Lake's violent crime rate is 424.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2431.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Laurel Lake, NJ has a population of 2,346, a median household income of $52,321, and an unemployment rate of 6.8%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Laurel Lake averages 42.2°F in January and 86.1°F in July. Annual rainfall is 43.4 inches with about 22.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Laurel Lake, New Jersey is 2,346 with a median age of 40.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Laurel Lake: cost of living index 94 (100 = US average), median home $131,500, median household income $52,321, crime index 113 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Laurel Lake side by side with your current city to see the trade-offs.