Packanack Lake
Packanack Lake is significantly wealthier than the US average, with a median household income of $142,353. Population has held roughly steady since 2021. 63% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $497,600. Poverty is rare here, at 2.1% of residents. Households here earn about 67% more than the New Jersey median.
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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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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024