Packanack Lake, NJ
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Packanack Lake, NJ: Quick Facts & Overview
- Population: 6,321 residents (1,312 people per sq. mi.)
- Average House Price: $600,744
- Average Household Income: $213,103
Packanack Lake, NJ is located in the state of New Jersey. It is home to about 6,321 people, with around 1,312 residents living in every square mile.
If you want to buy a house in Packanack Lake, the average price is around $600,744. That makes local housing 15% higher than the New Jersey average of $522,239, and 95% higher than the national average of $308,592.
The average household in Packanack Lake earns about $213,103 a year. This income is 75% higher than the average family in New Jersey ($122,052), and 171% higher than the national average ($78,686).
Population
6,321
Median Household Income
$213,103
Median Home Value
$600,744
Median Age
41.3 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $78,538 |
| Labor Force Participation | 69.8% |
| Unemployment Rate | 3.5% |
| Average Commute Time | 27.8 mins |
Housing & Community Metrics
| Home Ownership Rate | 96.1% |
| Median Rent | $3,501 |
| Rent Burdened (>30% Income) | 23.1% |
| Total Housing Units | 1,986 |
Additional Census & Housing Profile
Geographic Overview
| County | Passaic |
| County FIPS | 34031 |
| Metro Area (CBSA) | New York-Newark-Jersey City, NY-NJ |
| Combined Area (CSA) | New York-Newark, NY-NJ-CT-PA |
| Population Density | 1,311.8/sq mi |
| Coordinates (lat/lng) | 40.9382, -74.2564 |
| Timezone | America/New_York |
| National Ranking | 3 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.38 |
| Dual Income Families | 66.6% |
Marital Status
| Married | 66.2% |
| Never Married | 27.5% |
| Divorced | 3.1% |
| Widowed | 3.3% |
Gender
| Male | 51.0% |
| Female | 49.0% |
Health & Poverty
| Uninsured Rate (Health) | 3.4% |
| Poverty Rate | 1.6% |
Key Population Groups
| Veterans | 4.1% |
| Disabled Population | 6.9% |
| Limited English Proficiency | 0.5% |
All ZIP Codes in Packanack Lake
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 07470 | 54,112 | $153,056 | $612,288 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Wayne, NJ | 0.9 miles | 53,756 |
| Preakness, NJ | 1.7 miles | 18,520 |
| Lincoln Park, NJ | 2.6 miles | 10,957 |
| Pequannock, NJ | 3 miles | 15,641 |
| Totowa, NJ | 3 miles | 10,959 |
| William Paterson University of New Jersey, NJ | 3.1 miles | 1,133 |
| Pompton Plains, NJ | 3.4 miles | 10,971 |
| Haledon, NJ | 3.5 miles | 8,980 |
| Singac, NJ | 3.7 miles | 4,207 |
| North Haledon, NJ | 4.1 miles | 8,778 |
| Pines Lake, NJ | 4.2 miles | 2,882 |
| Prospect Park, NJ | 4.3 miles | 6,319 |
| Woodland Park, NJ | 4.6 miles | 13,355 |
| Fairfield, NJ | 4.6 miles | 7,824 |
| Little Falls, NJ | 4.7 miles | 14,790 |
| Pompton Lakes, NJ | 4.7 miles | 11,047 |
| Towaco, NJ | 4.7 miles | 5,612 |
| Riverdale, NJ | 4.7 miles | 4,112 |
| Paterson, NJ | 5.2 miles | 158,735 |
| North Caldwell, NJ | 5.2 miles | 6,656 |
| Hawthorne, NJ | 5.3 miles | 19,628 |
| Great Notch, NJ | 5.3 miles | 4,008 |
| Franklin Lakes, NJ | 5.5 miles | 11,084 |
| Montville, NJ | 5.6 miles | 22,876 |
| Cedar Grove, NJ | 5.8 miles | 13,475 |
| Montclair State University, NJ | 5.8 miles | 2,853 |
| Wyckoff, NJ | 6.2 miles | 17,050 |
| Butler, NJ | 6.3 miles | 8,133 |
| Oakland, NJ | 6.5 miles | 12,768 |
| West Caldwell, NJ | 6.5 miles | 10,995 |
| Pine Brook, NJ | 6.7 miles | 5,961 |
| Caldwell, NJ | 6.9 miles | 9,003 |
| Glen Rock, NJ | 7 miles | 12,154 |
| Fair Lawn, NJ | 7.2 miles | 35,610 |
| Upper Montclair, NJ | 7.2 miles | 12,457 |
| Midland Park, NJ | 7.2 miles | 7,019 |
| Clifton, NJ | 7.3 miles | 89,379 |
| Verona, NJ | 7.3 miles | 14,545 |
| Elmwood Park, NJ | 7.5 miles | 21,412 |
| Wanaque, NJ | 7.5 miles | 11,206 |
| Kinnelon, NJ | 7.5 miles | 10,013 |
| Bloomingdale, NJ | 7.5 miles | 7,716 |
| Lake Hiawatha, NJ | 7.7 miles | 11,018 |
| Essex Fells, NJ | 7.8 miles | 2,361 |
| Ridgewood, NJ | 8.1 miles | 26,308 |
| Boonton, NJ | 8.1 miles | 8,854 |
| Montclair, NJ | 8.2 miles | 40,341 |
| Brookdale, NJ | 8.2 miles | 9,960 |
| Waldwick, NJ | 8.6 miles | 10,164 |
| Roseland, NJ | 8.6 miles | 6,268 |
| Passaic, NJ | 8.7 miles | 70,002 |
| Garfield, NJ | 8.7 miles | 32,783 |
| Saddle Brook, NJ | 8.7 miles | 14,419 |
| Allendale, NJ | 9.2 miles | 6,865 |
| Pleasantdale, NJ | 9.2 miles | 2,145 |
| Ho-Ho-Kus, NJ | 9.3 miles | 4,270 |
| Macopin, NJ | 9.3 miles | 2,170 |
| Rochelle Park, NJ | 9.5 miles | 5,869 |
| Bloomfield, NJ | 9.6 miles | 53,793 |
| Nutley, NJ | 9.7 miles | 30,012 |
| Paramus, NJ | 9.7 miles | 26,568 |
| Parsippany, NJ | 9.7 miles | 21,345 |
| Glen Ridge, NJ | 9.7 miles | 7,943 |
| Troy Hills, NJ | 9.7 miles | 5,179 |
| Wallington, NJ | 9.8 miles | 11,889 |
| Lodi, NJ | 10 miles | 26,082 |
| East Hanover, NJ | 10 miles | 11,152 |
| Ramsey, NJ | 10.2 miles | 14,805 |
| Mountain Lakes, NJ | 10.2 miles | 4,585 |
| Parsippany-Troy Hills, NJ | 10.3 miles | 56,397 |
| West Orange, NJ | 10.3 miles | 48,585 |
| Llewellyn Park, NJ | 10.3 miles | 560 |
| Maywood, NJ | 10.4 miles | 10,093 |
| Saddle River, NJ | 10.4 miles | 3,389 |
| Mahwah, NJ | 10.6 miles | 25,491 |
| Washington, NJ | 10.6 miles | 9,323 |
| Wood-Ridge, NJ | 10.7 miles | 10,218 |
| Ramapo College of New Jersey, NJ | 10.8 miles | 2,018 |
| Hasbrouck Heights, NJ | 10.9 miles | 12,115 |
| Watsessing, NJ | 10.9 miles | 8,232 |
| Belleville, NJ | 11.1 miles | 38,065 |
| Livingston, NJ | 11.2 miles | 31,488 |
| Rainbow Lakes, NJ | 11.2 miles | 1,375 |
| Rutherford, NJ | 11.3 miles | 18,894 |
| River Edge, NJ | 11.4 miles | 12,091 |
| Hackensack, NJ | 11.5 miles | 46,057 |
| Whippany, NJ | 11.6 miles | 8,970 |
| Silver Lake, NJ | 11.6 miles | 3,917 |
| Ringwood, NJ | 11.7 miles | 11,657 |
| Ampere North, NJ | 11.7 miles | 5,029 |
| Teterboro, NJ | 11.7 miles | 136 |
| City of Orange, NJ | 11.8 miles | 34,281 |
| Oradell, NJ | 11.8 miles | 8,235 |
| Upper Saddle River, NJ | 11.9 miles | 8,439 |
| Woodcliff Lake, NJ | 11.9 miles | 6,152 |
| Hillsdale, NJ | 12.1 miles | 10,144 |
| South Hackensack, NJ | 12.1 miles | 2,770 |
| East Orange, NJ | 12.2 miles | 70,090 |
| Hanover, NJ | 12.2 miles | 14,769 |
| East Rutherford, NJ | 12.2 miles | 10,313 |