What is the Best Neighborhoods USA ranking for Lake Mohawk?
Lake Mohawk is ranked No published Sparta Township rank is currently available; #11 of 137 eligible neighborhoods in NJ; and #767 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Lake Mohawk
Sparta Township, NJ | Sussex County
Scored premium profile
Best Neighborhoods USA Index
73.8
Stability and Strength
74.1
Value Opportunity
71.6
Momentum
76.2
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Sparta Township, NJ |
| County | Sussex County |
| National rank | #767 of 14,967 |
| State rank | #11 of 137 |
| City rank | Not available |
| County rank | Not available |
| National percentile | 94.9 |
| National band | TOP_10_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $645,429 |
| Year-over-year home value change | 3.6% |
| Month-over-month home value change | 0.30% |
| Home value to income ratio | 4.15 |
| Median household income | $155,440 |
| Bachelor's degree or higher | 61.3% |
| Civilian unemployment rate | 4.0% |
| Homeownership rate | 84.2% |
| Housing vacancy rate | 5.7% |
| Rent burden 30% or higher | 49.1% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Lake Mohawk
Is Lake Mohawk one of the best neighborhoods in Sparta Township?
Lake Mohawk has a Best Neighborhoods USA Index of 73.8 and a city ranking of No published Sparta Township rank is currently available.
How much are homes worth in Lake Mohawk?
The current Zillow Home Value Index for Lake Mohawk is approximately $645,429.
Are home values rising or falling in Lake Mohawk?
Zillow neighborhood values changed 3.6% year over year and 0.30% month over month.
What is the Neighborhood Momentum Score for Lake Mohawk?
Lake Mohawk has a Neighborhood Momentum Score of 76.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Lake Mohawk?
The NDS-derived neighborhood median household income is approximately $155,440.
How affordable is Lake Mohawk relative to household income?
The current Zillow home-value-to-household-income ratio is 4.15. Price-to-income affordability is a major Value Opportunity input.
Is Lake Mohawk primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 84.2%.
What is the unemployment rate in Lake Mohawk?
The NDS-derived civilian unemployment rate is approximately 4.0%.
How educated are residents of Lake Mohawk?
Approximately 61.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Lake Mohawk face high rent burden?
Approximately 49.1% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Lake Mohawk?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications389
Estimated originations230
Home-purchase applications147
Origination rate59.1%
Home-purchase share37.8%
Average application loan$310,088
Total application loan amount$120,719,799
National application rank#822 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 24.5% YoY; originations 32.0% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.