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Pompton Lakes

Learn about the people, housing, costs and businesses in Pompton Lakes, New Jersey

Median Home$441,800
Median Rent$1,971/month
Population11,047
Leading IndustriesProfessional Services · Public Administration · Arts, Food & Hospitality3% professional services
Home Value Growth⬆⬆⬆+21.6% over 2 years
Young Adults28% of residentsnear the national average
Homeowners80% of occupied units
NotableHigh Incomes$138k/year · top 5% nationally
NotableAmenity Score74/100 · highly walkable area
Pompton Lakes
NJ

Frequently Asked Questions

What are today's mortgage rates in Pompton Lakes?

As of today, the 30-year fixed mortgage rate for Pompton Lakes is approximately 6.883% (6.919% 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 Pompton Lakes?

The median home value in Pompton Lakes is $442k. The median monthly rent is $1,971. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pompton Lakes?

Home values in Pompton Lakes have increased 21.6% over the past two years. This indicates a strong appreciation trend. 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 Pompton Lakes?

Based on a typical all-in ownership cost of $2,301/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $99k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pompton Lakes is $138k/year.

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What industries drive the economy in Pompton Lakes?

The largest employment sectors in Pompton Lakes are public administration (30%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.