United States › New Jersey › Packanack Lake CITY · 2020 ACS
Packanack Lake New Jersey · 6,261 residents · 1.86 sq mi
Time machine
COMPARE TO 2021 ACS 2022 ACS 2023 ACS 2024 ACS
The short version
Packanack Lake is home to 6,261 people in New Jersey. 63% of adults hold a bachelor's degree, against 33% nationally. 97% of homes are owner-occupied. Median rent is $2,875 a month. Median household income runs $142,353, well clear of the $66,278 US median. That is roughly 67% ahead of the New Jersey median.
At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 42.7
US median: 38.8
More educated
63% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01
Population & growth vs 44.2 in 2021
US average: 38.8
Population, 2020 – 2024
6K 6K 6K 6K 6K 2020 2024 Packanack Lake Age distribution, 2020
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Section 02
Income & economy $142,353
−6%inflation adjusted, since 2021
vs $159,400 in 2021
US average: $66,278
vs $67,474 in 2021
US average: $35,364
Households earning $100K+
vs 85.8% in 2021
US average: 43.9%
vs 1.5% in 2021
US average: 12.8%
Workforce by industry, 2020
Public administration 9.1%
Arts, entertainment, food 4.3%
Professional, scientific, technical 3%
Transportation & warehousing 2.8%
Education & health services 1.1%
Agriculture, forestry, fishing 0%
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$497,600
+1%inflation adjusted, since 2021
vs $516,200 in 2021
US average: $265,253
$2,875
−2%inflation adjusted, since 2021
vs $3,059 in 2021
US average: $1,124
vs 97.3% in 2021
3.0% rent
vs 2.89 people in 2021
US average: 2.61
vs 3.2 in 2021
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity 2021
White, non-Hispanic 82.6%(4,865)
Hispanic / Latino 7.6%(449)
2020
White, non-Hispanic 82.5%(5,165)
Hispanic / Latino 8.9%(555)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry Ancestry
+ 21 more ancestry groups with data vs 65.3% in 2021
US average: 32.9%
High school or higher
vs 97.8% in 2021
US average: 88.5%
vs 28.5% in 2021
US average: 12.7%
Section 06
Commute & transportation vs 32.4 min in 2021
US average: 26.9
vs 69.3% in 2021
US average: 75.1%
vs 1.1% in 2021
US average: 8.4%
Section 07
Work & employment vs 6.0% in 2021
US average: 5.4%
vs 66.4% in 2021
US average: 63.4%
Women 20-64 in the labor force
US average: 73.3%
vs 63.2% in 2021
US average: 39.3%
Section 08
People & community vs 7.4% in 2021
US average: 13.5%
vs 2.7% in 2021
US average: 8.8%
Computer in household
US average: 91.9%
Marital status (2024)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage vs 2.7% in 2021
US average: 8.8%
Direct-purchase
US average: 13.7%
VA health care
US average: 2.3%
Any private
US average: 68.1%
Any public
US average: 35.2%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2020
Gulf War (2001 or later) 22%(44)
Share of the 200 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
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Drill deeper
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Frequently asked
How many people live in Packanack Lake, New Jersey? Packanack Lake, New Jersey has about 6,261 residents according to the 2020 American Community Survey.
What is the median household income in Packanack Lake, New Jersey? The typical household in Packanack Lake, New Jersey earns about $142,353 a year. Half of households make more than that, and half make less.
Is Packanack Lake, New Jersey expensive? In Packanack Lake, New Jersey, the median home is worth about $497,600, and the typical rent is about $2,875 a month.
How educated are people in Packanack Lake, New Jersey? About 63.0% of adults age 25 and over in Packanack Lake, New Jersey hold a bachelor's degree or higher.
What is the poverty rate in Packanack Lake, New Jersey? About 2.1% of people in Packanack Lake, New Jersey live below the federal poverty line.
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