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Packanack Lake CDP, New Jersey

City

Population: 6,126 (2023 estimate)

Located in New Jersey , New Jersey

Census Bureau data for Packanack Lake CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Packanack Lake CDP

What is the median household income in Packanack Lake CDP?
The median household income in Packanack Lake CDP is $196,343 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Packanack Lake CDP?
The poverty rate in Packanack Lake CDP is 0.2% (U.S. Census Bureau ACS 2023).
What is the median home value in Packanack Lake CDP?
$594,000 (U.S. Census Bureau ACS 2023).
What is the average rent in Packanack Lake CDP?
The median gross rent in Packanack Lake CDP is $3,501 per month (U.S. Census Bureau ACS 2023).
What percentage of Packanack Lake CDP residents have a college degree?
66.0% of adults in Packanack Lake CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
6,126
Median Income
$196,343
Median Home Value
$594,000
Poverty Rate
0.2%
Unemployment (ACS 2023)
3.4%
Median Age
43.0 yrs

Demographics

Total Population 6,126
Median Age 43.0
Female 49.0%
Race & Ethnicity
Hispanic or Latino 9.0% White (non-Hisp.) 78.0% Black 1.6% Asian 5.5% Two or More 8.0% Other 4.6%
Asian Subgroups (% of total pop.)
Filipino
2.7%
Indian
1.9%
Chinese
0.5%
Korean
0.4%
Hispanic Subgroups (% of total pop.)
Cuban
2.1%
Puerto Rican
1.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $196,343 ±$32,074
+$95,293 vs. state
Per Capita Income $226,630
Median Family Income $212,268
Poverty Rate 0.2%
-6.8 pp vs. state
Child Poverty Rate 0.0%
Working-Age Poverty Rate —
SNAP Recipients 0.0%
Social Security Income —
Retirement Income 37.0%
Household Income Distribution
$10–15k
1.0%
$15–25k
0.4%
$25–35k
2.2%
$35–50k
1.0%
$50–75k
3.7%
$75–100k
11.4%
$100–150k
17.5%
$150–200k
13.6%
$200k+
49.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 1,987
Owner-Occupied 95.8%
Renter-Occupied 4.2%
Vacancy Rate 0.0%
Median Home Value $594,000
+$166,400 vs. state
Median Gross Rent $3,501
Owner Cost Burden (30%+) 19.7%
Renter Cost Burden (30%+) 15.1%
Home Value Distribution
< $50k
0.5%
$50–100k
3.0%
$300–500k
24.2%
$500k–$1M
69.5%
$1M+
2.7%
Vehicle Availability
No vehicle
2.3%
1 vehicle
15.0%
2 vehicles
50.7%
3+
31.9%
Housing Type
Single-fam. det.
99.7%
Single-fam. att.
0.3%
Housing Age
Pre-1940
15.0%
1940–1969
16.1%
1970–1999
7.6%
2000–2009
3.2%
2010+
0.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 98.3%
Bachelor's or Higher 66.0%
+23.1 pp vs. state
Graduate Degree 26.4%
Some College / Associate 11.5%
Less Than High School 0.9%
Enrolled in School —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 69.0%
Unemployment Rate 3.4%
-2.8 pp vs. state
Work from Home 26.1%
Self-Employed 5.8%
Government Workers 16.1%
Private For-Profit 78.1%
Industry
Edu/Health
23.5%
Finance
14.6%
Prof. Services
12.6%
Retail
7.4%
Manufacturing
7.4%
Arts/Entmt.
5.8%
Transportation
5.8%
Construction
5.1%
Public Admin
5.0%
Information
5.0%
Wholesale
3.9%
Agriculture
0.3%
Occupation
Management
61.3%
Sales
16.5%
Food Prep
9.9%
Production
7.1%
Construction
5.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 28.4 min
Drove Alone 63.6%
Carpool 3.1%
Public Transit 5.8%
Work from Home 26.1%
Walked 0.9%
Bicycle —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 1,987
Avg. Household Size 3.00
Avg. Family Size —
Married-Couple Households 79.0%
Single-Mother Households —
Single-Father Households —
Living Alone —
Households with Children 35.7%
Multigenerational —

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.5%
5–9
5.8%
10–14
8.0%
15–19
6.3%
20–24
4.9%
25–34
10.2%
35–44
10.9%
45–54
13.0%
55–64
7.5%
65–74
9.9%
75–84
11.2%
85+
5.3%
Under 18: 23.7% Working age (18–64): 76.3% 65 and over: 18.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 9.4%
Naturalized Citizen 59.6%
Speaks English Less Than Very Well 3.1%
Foreign-Born Origin
Asia
40.4%
Europe
32.6%
Latin America
25.3%

Veterans & Disability

Veteran 3.6%
With a Disability 6.5%
Cognitive Difficulty —
Ambulatory Difficulty —

Health Insurance

Insured 96.6%
Uninsured 3.4%
Employer Insurance —
Medicaid —
Medicare —

Technology & Mobility

Broadband Internet 96.6%
Has a Computer 99.0%
Same House 1 Year Ago 91.8%
Moved from Abroad 0.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Compare Packanack Lake CDP

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Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured