Lake Como is a very small borough located in the state of New Jersey. With a population of 1,672 people and just one neighborhood, Lake Como is the 442nd largest community in New Jersey.
Housing costs in Lake Como are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Lake Como is a decidedly white-collar borough, with fully 89.48% of the workforce employed in white-collar jobs, well above the national average. Overall, Lake Como is a borough of professionals, sales and office workers, and managers. There are especially a lot of people living in Lake Como who work in management occupations (15.77%), teaching (15.07%), and sales jobs (13.85%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.98% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
The citizens of Lake Como are among the most well-educated in the nation: 49.74% of adults in Lake Como have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Lake Como in 2022 was $64,767, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $259,068 for a family of four. However, Lake Como contains both very wealthy and poor people as well.
Lake Como is a very ethnically-diverse borough. The people who call Lake Como home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Como residents report their race to be White, followed by Black or African-American. Lake Como also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 15.94% of the borough’s residents. Important ancestries of people in Lake Como include Irish, Italian, German, English, and Polish.
The most common language spoken in Lake Como is English. Other important languages spoken here include Spanish and Slavic languages.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
If you're nearing retirement age, or in retirement, the is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 6.7% of retiree-friendly neighborhoods in New Jersey, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in New Jersey.
Did you know that the neighborhood has more Italian and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.8% of this neighborhood's residents have Italian ancestry and 29.5% have Irish ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Lake Como are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.2% of the neighborhoods in America. In addition, 2.1% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 74.3% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the neighborhood, 49.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 29.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (10.5%), and 10.0% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 86.7% of households. Some people also speak Spanish (11.7%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the neighborhood in Lake Como, NJ, residents most commonly identify their ethnicity or ancestry as Irish (29.5%). There are also a number of people of Italian ancestry (27.8%), and residents who report German roots (13.3%), and some of the residents are also of English ancestry (9.7%), along with some Mexican ancestry residents (9.5%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (35.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (76.7%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.