Lavallette is a very small coastal borough (i.e. on the ocean, a bay, or inlet) located in the state of New Jersey. With a population of 1,838 people and two associated neighborhoods, Lavallette is the 436th largest community in New Jersey.
Lavallette home prices are not only among the most expensive in New Jersey, but Lavallette real estate also consistently ranks among the most expensive in America.
Of important note, Lavallette is also a borough of artists. Lavallette has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Lavallette’s character.
Another notable thing is that Lavallette is a major vacation destination. Much of the borough’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Lavallette’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
In addition, Lavallette is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
One of the nice things about Lavallette is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
One downside of living in Lavallette is that it can take a long time to commute to work. In Lavallette, the average commute to work is 36.55 minutes, which is quite a bit higher than the national average.
If knowledge is power, Lavallette is a pretty powerful place. 54.95% of the adults in Lavallette have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Lavallette in 2022 was $80,917, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $323,668 for a family of four.
The people who call Lavallette home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lavallette residents report their race to be White, followed by Asian. Important ancestries of people in Lavallette include Italian, German, Irish, English, and Polish.
The most common language spoken in Lavallette is English. Other important languages spoken here include Portuguese and Italian.