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Lake Como

Learn about the people, housing, costs and businesses in Lake Como, New Jersey

Median Home$634,500
Median Rent$1,810/month
Population1,619
Leading IndustriesTransportation · Construction · Agriculture & Mining4% transportation
Home Value Growth+6.4% over 2 years
Retirees25% of residentsabove average nationally
Homeowners63% of occupied units
NotableAmenity Score72/100 · highly walkable area
Lake Como
NJ

Frequently Asked Questions

What are today's mortgage rates in Lake Como?

As of today, the 30-year fixed mortgage rate for Lake Como is approximately 6.966% (7.008% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lake Como?

The median home value in Lake Como is $635k. The median monthly rent is $1,810. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Como?

Home values in Lake Como have increased 6.4% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lake Como?

Based on a typical all-in ownership cost of $1,692/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $73k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Como is $82k/year.

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What industries drive the economy in Lake Como?

The largest employment sectors in Lake Como are public administration (21%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.