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Packanack Lake, NJ
Full City Profile · New Jersey · Bergen County County
Packanack Lake, NJ
At a Glance
How Packanack Lake Compares to the U.S. Average
Each bar shows Packanack Lake's value as a percentage of the national average (100% = U.S. avg)
Is Packanack Lake a Good Place to Live?
Economy & Jobs
Packanack Lake residents earn a median household income of $196,343 , which is 161% above the national average of $75,149. Per capita income is $75,765. The unemployment rate stands at 2.4% (33% below the U.S. rate of 3.6%). 0.2% of residents live below the poverty line. The area is home to 36,016 business establishments, including 2,730 restaurants.
Housing & Cost of Living
The median home value in Packanack Lake is $594,000 , 111% above the national median of $281,900. Zillow estimates the typical home at $641,996. Median rent is $3,501/month, with 23.1% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1955.
Safety & Crime
Packanack Lake reports 146 violent crimes per 100,000 residents , which is 62% below the national average of 380/100K. Property crime is 3,015/100K.
Education
66.0% of adults in Packanack Lake hold a bachelor's degree or higher (96% above the national average). 98.3% have completed high school. Local schools score 7.3/10 in standardized testing.
Climate & Weather
Packanack Lake has an average annual temperature of 53°F (12°C). Winters average 31°F in January while summers reach 76°F in July. The area gets 282 sunny days per year. Air quality is rated Good with a median AQI of 39.