New Jersey · Metropolitan Area
Packanack Lake is a small city in New Jersey with a population of 6,126. Residents earn $196,343 per year, which is 161% above the national average.
Based on current data, Packanack Lake receives an overall livability score of 5.0 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low unemployment, a highly educated population, a low poverty rate. Areas to be aware of include high housing costs. Packanack Lake stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
The median household income in Packanack Lake is $196,343, which is significantly higher than the national average — 161% above $75,149. This places Packanack Lake among higher-income communities. The job market is very strong with unemployment at just 2.4%. Only 0.2% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 28 minutes.
The median home value in Packanack Lake is $594,000, making it a premium housing market at 111% above the U.S. median of $281,900. Renters pay a median of $3,501 per month, significantly above the national average of $1,163. At just 3x median income, home prices are very affordable relative to local earnings.
Packanack Lake is a highly educated community — 66.0% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 98.3% have completed high school. Local schools score 6.2/10 in standardized testing, reflecting strong academic performance.
Packanack Lake experiences four distinct seasons with an average temperature of 53°F. Winters average 31°F in January while summers reach 76°F in July. Air quality is rated Good with a median AQI of 39.
| English Only | 87.9% |
| 12% above US avg | |
| Spanish | 12.1% |
| 10% below US avg |
| Median HH Income | $196,343 |
| 161% above US avg | |
| Per Capita Income | $75,765 |
| Avg Weekly Wage | $1,551 |
| IRS Avg AGI | $139,008 |
| Unemployment | 2.4% |
| 33% below US avg | |
| Poverty Rate | 0.2% |
| 98% below US avg | |
| Establishments (County) | 36,016 |
| County GDP | $105,805M |
| Restaurants | 2,730 |
| Healthcare | 4,090 |
| Retail | 3,534 |
| Manufacturing | 1,003 |
| Property Tax (IRS) | $14,998 |
| 329% above US avg | |
| Effective Tax Rate | 2.52% |
| Commute Time | 28.4 min |
| Work from Home | 26.1% |
| Census Median | $594,000 |
| 111% above US avg |
| Census Median Rent | $3,501 |
| 201% above US avg |
| Studio | $1,599 |
| 1 Bedroom | $1,759 |
| 2 Bedrooms | $2,132 |
| 3 Bedrooms | $2,658 |
| 4 Bedrooms | $3,005 |
| Owner-Occupied | 95.8% |
| Avg Tax (IRS) | $14,998 |
| 329% above US avg | |
| Effective Rate | 2.52% |
| Obesity | 23.5% |
| 27% below US avg | |
| Diabetes | 6.2% |
| Heart Disease | 3.7% |
| High Blood Pressure | 23.5% |
| Asthma | 8.6% |
| COPD | 3.2% |
| Stroke | 1.9% |
| Binge Drinking | 20.9% |
| Physical Inactivity | 15.9% |
| Depression | 16.9% |
| Mental Distress | 14.0% |
| Physical Distress | 9.1% |
| Insurance Rate | 97.0% |
| Checkup Rate | 74.1% |
| Premature Death | 4,472/100K |
| Food Environment | 9.5/10 |
| Exercise Access | 99.7% |
| Healthcare Facilities | 4,090 |
| Fatal Crashes (County/yr) | 38 |
| Annual Average | 53.1°F |
| 2% below US avg | |
| January Average | 31°F (-1°C) |
| July Average | 76°F (24°C) |
| AQI Median | 39.0 |
| Rating | Good |
| Elevation | 197 ft (60 m) |
| Area | 1.9 sq mi (4.8 km²) |
| Population Density | 3,294/sq mi |
| Coordinates | 40.9385°N, 74.2558°W |
| County FIPS | 34003 |
Winner: Democrat by 3.4 points
| Bachelor's Degree+ | 66.0% |
| 96% above US avg | |
| High School+ | 98.3% |
| School Test Score | 6.24 |
| RUCC Code 1 | Metro — 1 million+ |
| Population Density | 3,294/sq mi |
| Total Area | 1.9 sq mi |
| Public Libraries | 63 |
| Healthcare Facilities | 4,090 |
| Restaurants | 2,730 |
| Retail Stores | 3,534 |
| Fatal Crashes (County/yr) | 38 |
| Avg Commute | 28.4 min |
| Work from Home | 26.1% |