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Presidential Lakes Estates

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

Median Home$242,100
Median Rent$2,019/month
Population2,612
Leading IndustriesTransportation · Retail · Manufacturing5% transportation
Home Value Growth⬆⬆+19.1% over 2 years
Retirees23% of residentsslightly above average
Homeowners88% of occupied units
NotableHigh Incomes$119k/year · top 9% nationally
NotableVeteran Community10% of residents · top 14% nationally
Presidential Lakes Estates
NJ

Explore Presidential Lakes Estates

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Presidential Lakes Estates?

As of today, the 30-year fixed mortgage rate for Presidential Lakes Estates is approximately 7.029% (7.070% 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 Presidential Lakes Estates?

The median home value in Presidential Lakes Estates is $242k. The median monthly rent is $2,019. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Presidential Lakes Estates?

Home values in Presidential Lakes Estates have increased 19.1% 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 Presidential Lakes Estates?

Based on a typical all-in ownership cost of $1,400/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Presidential Lakes Estates is $119k/year.

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What industries drive the economy in Presidential Lakes Estates?

The largest employment sectors in Presidential Lakes Estates are public administration (24%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.